India stocks lower at close of trade; Nifty 50 down 1.27%
2022.04.22 14:02
India stocks lower at close of trade; Nifty 50 down 1.27%
Investing.com – India stocks were lower after the close on Friday, as losses in the Banking, Metals and Healthcare sectors led shares lower.
At the close in NSE, the Nifty 50 declined 1.27%, while the BSE Sensex 30 index fell 1.23%.
The best performers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS:APSE), which rose 2.78% or 23.65 points to trade at 874.15 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:MAHM) added 1.06% or 9.65 points to end at 920.65 and Maruti Suzuki India Ltd. (NS:MRTI) was up 0.32% or 25.30 points to 7,904.50 in late trade.
The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 4.83% or 26.10 points to trade at 514.15 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 3.23% or 71.00 points to end at 2,126.95 and Cipla Ltd. (NS:CIPL) was down 3.16% or 31.55 points to 967.00.
The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 0.98% to 920.30, Bharti Airtel Ltd (BO:BRTI) which was up 0.50% to settle at 738.45 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 0.35% to close at 7,903.25.
The worst performers were State Bank Of India (BO:SBI) which was down 3.08% to 500.40 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 3.06% to settle at 2,129.70 and IndusInd Bank Ltd. (BO:INBK) which was down 2.94% to 959.90 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1141 to 682 and 47 ended unchanged; on the Bombay Stock Exchange, 1864 fell and 1428 advanced, while 117 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.80% to 18.35.
Gold Futures for June delivery was down 0.65% or 12.75 to $1,935.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.67% or 1.73 to hit $102.06 a barrel, while the June Brent oil contract fell 1.63% or 1.77 to trade at $106.56 a barrel.
USD/INR was up 0.25% to 76.45, while EUR/INR fell 0.01% to 82.61.
The US Dollar Index Futures was up 0.38% at 100.99.
