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India shares lower at close of trade; Nifty 50 down 0.11%

Published 11/11/2024, 10:30
Updated 11/11/2024, 10:35
© Reuters India shares lower at close of trade; Nifty 50 down 0.11%
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Investing.com – India equities were lower at the close on Monday, as losses in the Metals, Fast Moving Consumer Goods and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.11%, while the BSE Sensex 30 index lost 0.08%.

The biggest gainers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 4.28% or 13.55 points to trade at 329.80 at the close. Trent Ltd (NS:TREN) added 2.89% or 181.75 points to end at 6,480.70 and Infosys Ltd (NS:INFY) was up 1.65% or 30.15 points to 1,860.10 in late trade.

Biggest losers included Asian Paints Ltd. (NS:ASPN), which lost 8.17% or 226.35 points to trade at 2,543.10 in late trade. Britannia Industries Ltd (NS:BRIT) declined 5.44% or 312.50 points to end at 5,434.65 and Apollo Hospitals Enterprises Ltd. (NS:APLH) shed 3.58% or 265.95 points to 7,155.45.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 4.33% to 330.10, Infosys Ltd (BO:INFY) which was up 1.57% to settle at 1,859.85 and HCL Technologies Ltd (BO:HCLT) which gained 1.49% to close at 1,865.00.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was down 8.21% to 2,542.00 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 1.95% to settle at 6,765.00 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 1.94% to 2,921.50 at the close.

Declining stocks outnumbered rising ones by 1792 to 701 and 152 ended unchanged; on the Bombay Stock Exchange, 2461 fell and 1441 advanced, while 112 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.75% to 14.22.

In commodities trading, Gold Futures for December delivery was down 0.68% or 18.20 to $2,676.60 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.44% or 1.01 to hit $69.37 a barrel, while the January Brent oil contract fell 1.22% or 0.90 to trade at $72.97 a barrel.

USD/INR was down 0.01% to 84.37, while EUR/INR fell 0.34% to 90.15.

The US Dollar Index Futures was up 0.30% at 105.21.

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