Finance

India shares lower at close of trade; Nifty 50 down 0.38%



Investing.com – India equities were lower at the close on Friday, as losses in the , and sectors propelled shares lower.

At the close in NSE, the fell 0.38% to hit a new 1-month low, while the index fell 0.31%.

The biggest gainers of the session on the were Tata Consultancy Services Ltd. (NS:), which rose 5.62% or 226.80 points to trade at 4,265.65 at the close. Tech Mahindra Ltd (NS:) added 3.82% or 62.80 points to end at 1,705.60 and HCL Technologies Ltd (NS:) was up 3.12% or 60.30 points to 1,995.10 in late trade.

Biggest losers included Shriram Finance Ltd. (NS:), which lost 81.07% or 2,277.85 points to trade at 532.00 in late trade. IndusInd Bank Ltd. (NS:) declined 4.41% or 43.30 points to end at 937.60 and Adani Enterprises Ltd (NS:) shed 4.18% or 103.50 points to 2,374.40.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:) which rose 5.66% to 4,265.00, Tech Mahindra Ltd (BO:) which was up 3.63% to settle at 1,703.00 and HCL Technologies Ltd (BO:) which gained 3.16% to close at 1,996.20.

The worst performers were IndusInd Bank Ltd. (BO:) which was down 4.25% to 939.25 in late trade, NTPC Ltd (BO:) which lost 3.89% to settle at 307.85 and UltraTech Cement Ltd (BO:) which was down 3.43% to 10,881.15 at the close.

Declining stocks outnumbered rising ones by 1950 to 284 and 142 ended unchanged; on the Bombay Stock Exchange, 3021 fell and 767 advanced, while 92 ended unchanged on the India National Stock Exchange.

The , which measures the implied volatility of Nifty 50 options, was up 1.36% to 14.86.

In commodities trading, Gold Futures for February delivery was up 0.66% or 17.76 to $2,708.56 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.44% or 1.80 to hit $75.72 a barrel, while the March Brent oil contract rose 2.42% or 1.86 to trade at $78.78 a barrel.

USD/INR was up 0.13% to 86.00, while EUR/INR rose 0.16% to 88.62.

The US Dollar Index Futures was unchanged 0.00% at 109.00.





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