India stocks lower at close of trade; Nifty 50 down 1.25%
2022.04.19 14:00
India stocks lower at close of trade; Nifty 50 down 1.25%
Investing.com – India stocks were lower after the close on Tuesday, as losses in the IT, Fast Moving Consumer Goods and Technology sectors led shares lower.
At the close in NSE, the Nifty 50 lost 1.25% to hit a new 1-month low, while the BSE Sensex 30 index fell 1.23%.
The best performers of the session on the Nifty 50 were Apollo Hospitals Enterprises Ltd. (NS:APLH), which rose 5.75% or 261.85 points to trade at 4,816.35 at the close. Meanwhile, Coal India Ltd (NS:COAL) added 4.38% or 8.30 points to end at 197.75 and Reliance Industries Ltd (NS:RELI) was up 3.81% or 96.95 points to 2,640.80 in late trade.
The worst performers of the session were Housing Development Finance Corporation Ltd (NS:HDFC), which fell 5.45% or 123.30 points to trade at 2,140.20 at the close. HDFC Life Insurance Company Ltd (NS:HDFL) declined 4.81% or 27.60 points to end at 546.70 and SBI Life Insurance Company Ltd (NS:SBIL) was down 4.15% or 48.70 points to 1,124.70.
The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.71% to 2,638.45, ICICI Bank Ltd (BO:ICBK) which was up 1.04% to settle at 766.65 and State Bank Of India (BO:SBI) which gained 0.44% to close at 511.65.
The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 5.50% to 2,138.65 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 3.73% to settle at 1,343.30 and Infosys Ltd (BO:INFY) which was down 3.55% to 1,563.95 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1369 to 459 and 39 ended unchanged; on the Bombay Stock Exchange, 2101 fell and 1192 advanced, while 117 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.28% to 19.77.
Gold Futures for June delivery was down 0.38% or 7.55 to $1,978.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.24% or 1.33 to hit $106.28 a barrel, while the June Brent oil contract fell 1.04% or 1.18 to trade at $111.98 a barrel.
USD/INR was up 0.29% to 76.51, while EUR/INR rose 0.40% to 82.54.
The US Dollar Index Futures was up 0.11% at 100.87.
