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India shares lower at close of trade; Nifty 50 down 0.12%

Published 09/10/2024, 11:30
Updated 09/10/2024, 11:35
©  Reuters India shares lower at close of trade; Nifty 50 down 0.12%
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Fast Moving Consumer Goods, Healthcare and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.12%, while the BSE Sensex 30 index declined 0.21%.

The biggest gainers of the session on the Nifty 50 were Divi's Laboratories Ltd. (NS:DIVI), which rose 7.98% or 442.70 points to trade at 5,989.75 at the close. Cipla Ltd. (NS:CIPL) added 2.43% or 39.80 points to end at 1,680.50 and Tata Motors Ltd (NS:TAMO) was up 2.10% or 19.35 points to 939.15 in late trade.

Biggest losers included ITC Ltd (NS:ITC), which lost 3.20% or 16.25 points to trade at 491.70 in late trade. Nestle India Ltd (NS:NEST) declined 2.55% or 65.75 points to end at 2,516.00 and Hindustan Unilever Ltd. (NS:HLL) shed 1.77% or 49.85 points to 2,768.95.

The top performers on the BSE Sensex 30 were Tata Motors Ltd (BO:TAMO) which rose 2.15% to 939.65, Tech Mahindra Ltd (BO:TEML) which was up 1.92% to settle at 1,659.65 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.80% to close at 12,760.95.

The worst performers were ITC Ltd (BO:ITC) which was down 3.08% to 492.25 in late trade, Nestle India Ltd (BO:NEST) which lost 2.21% to settle at 2,524.40 and Reliance Industries Ltd (BO:RELI) which was down 1.65% to 2,749.85 at the close.

Advancing stocks outnumbered falling ones by 1717 to 769 and 93 ended unchanged; on the Bombay Stock Exchange, 2578 rose and 1194 declined, while 93 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.44% to 14.09.

In commodities trading, Gold Futures for December delivery was down 0.01% or 0.30 to $2,635.10 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.35% or 0.26 to hit $73.31 a barrel, while the December Brent oil contract fell 0.27% or 0.21 to trade at $76.97 a barrel.

USD/INR was up 0.04% to 83.97, while EUR/INR fell 0.08% to 92.10.

The US Dollar Index Futures was up 0.07% at 102.38.

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