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India shares lower at close of trade; Nifty 50 down 0.37%

Published 01/06/2022, 11:45
Updated 01/06/2022, 13:15
© Reuters India shares lower at close of trade; Nifty 50 down 0.37%

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

At the close in NSE, the Nifty 50 lost 0.37%, while the BSE Sensex 30 index fell 0.33%.

The biggest gainers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 3.31% or 18.25 points to trade at 569.50 at the close. Coal India Ltd (NS:COAL) added 1.63% or 3.15 points to end at 196.05 and HDFC Life Insurance Company Ltd (NS:HDFL) was up 1.37% or 8.20 points to 607.15 in late trade.

Biggest losers included Bajaj Auto Ltd (NS:BAJA), which lost 3.73% or 144.00 points to trade at 3,720.10 in late trade. Apollo Hospitals Enterprises Ltd. (NS:APLH) declined 3.53% or 140.30 points to end at 3,839.00 and Tech Mahindra Ltd (NS:TEML) shed 2.85% or 33.65 points to 1,146.60.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 1.32% to 1,047.50, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 0.94% to settle at 2,328.85 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 0.90% to close at 1,870.80.

The worst performers were Nestle India Ltd (BO:NEST) which was down 2.99% to 17,238.50 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 2.86% to settle at 1,147.05 and Bajaj Finserv Ltd (BO:BJFS) which was down 2.63% to 12,575.00 at the close.

Advancing stocks outnumbered falling ones by 1025 to 812 and 47 ended unchanged; on the Bombay Stock Exchange, 1798 rose and 1423 declined, while 125 ended unchanged on the India National Stock Exchange.

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The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.79% to 20.84.

In commodities trading, Gold Futures for August delivery was down 0.73% or 13.50 to $1,834.90 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.80% or 0.92 to hit $115.59 a barrel, while the August Brent oil contract rose 1.09% or 1.26 to trade at $116.86 a barrel.

USD/INR was down 0.13% to 77.53, while EUR/INR fell 0.25% to 83.05.

The US Dollar Index Futures was up 0.25% at 102.02.

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