India’s Nifty 50 Index Lost 1% to Close
2022.12.21 05:58
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India’s Nifty 50 Index Lost 1% to Close
Budrigannews.com – India’s stock market fell after the market closed on Wednesday due to losses in the and sectors. The declined 1.0 percent at the NSE’s close, while the index fell 1.03 percent.
Divi’s Laboratories Ltd. (NS:), had the session’s best results on the which closed at 3,518.75 at the close, up 4.99%, or 167.20 points. In the interim, Apollo Hospitals Enterprises Ltd. added 3.69%, or 169.55 points, to 4,766.20 at the close, and Cipla Ltd. was up 36.85 points, or 3.38 percent, in late-trade to 1,128.0.
Adani Enterprises Ltd (NS:), the session’s worst performers, which closed at 3,901.95 at the close, having lost 263.35 points, or 6.32 percent. (NS:) Adani Ports and Special Economic Zone Ltd. ended at 857.65, down 3.01%, or 26.60 points, and UltraTech Cement Ltd. (NS:) was at 6,928.00, down 2.40 percent, or 170.00 points.
Sun Pharmaceutical Industries Ltd. was the company that performed the best on the BSE Sensex 30 (BO:) which increased by 1.67 percent to 1,055.55, Dr. Reddy’s Laboratories Ltd. which closed at 4,415.00, up 1.03%, and HCL Technologies Ltd. (BO:) which rose 1.01 percent to finish at 1,040.20.
IndusInd Bank Ltd. performed poorly (BO:) which, in late-trade, was down 2.28 percent to 1,201.80, Maruti Suzuki India Ltd. which fell 2.04 percent to close at 8,348.30, and UltraTech Cement Ltd. which, at the close, was down 1.96 percent to 6,950.95.
On the India National Stock Exchange, declining stocks outnumbered rising ones by 1653 to 263 and 34 ended unchanged; 2673 shares went down, 748 rose, and 110 ended unchanged on the Bombay Stock Exchange.
The, which measures the implied volatility of Nifty 50 options, increased by 12.94 percent to a new one-month high of 15.56.
More European stocks rise on good company reports
Gold futures for February delivery fell by 2.90 percent, or 0.16 percent, to $1,822.50 per troy ounce. The February Brent oil contract rose 1.05 percent or 0.84 to trade at $80.83 a barrel, while Crude oil for delivery in February rose 0.93 percent or 0.71 to reach $76.94 a barrel.
EUR/INR rose 0.2 percent to 87.90, while USD/INR rose 0.24 percent to 82.80.
