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India shares lower at close of trade; Nifty 50 down 0.42%

Published 31/10/2024, 10:30
© Reuters India shares lower at close of trade; Nifty 50 down 0.42%
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Investing.com – India equities were lower at the close on Thursday, as losses in the Technology, Consumer Durables and Fast Moving Consumer Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.42%, while the BSE Sensex 30 index lost 0.69%.

The biggest gainers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 9.41% or 133.50 points to trade at 1,551.75 at the close. Larsen & Toubro Ltd (NS:LART) added 6.28% or 213.95 points to end at 3,622.30 and Dr Reddy’s Laboratories Ltd (NS:REDY) was up 1.95% or 24.35 points to 1,274.20 in late trade.

Biggest losers included Tech Mahindra Ltd (NS:TEML), which lost 4.53% or 76.30 points to trade at 1,608.65 in late trade. HCL Technologies Ltd (NS:HCLT) declined 3.96% or 72.75 points to end at 1,766.05 and Tata Consultancy Services Ltd. (NS:TCS) shed 2.84% or 116.20 points to 3,968.45.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 6.14% to 3,616.15, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.55% to settle at 2,750.00 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 0.80% to close at 321.00.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 4.41% to 1,610.50 in late trade, HCL Technologies Ltd (BO:HCLT) which lost 3.61% to settle at 1,773.15 and Tata Consultancy Services Ltd. (BO:TCS) which was down 2.71% to 3,975.00 at the close.

Advancing stocks outnumbered falling ones by 1626 to 839 and 95 ended unchanged; on the Bombay Stock Exchange, 2591 rose and 1141 declined, while 107 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.35% to 15.56 a new 1-month high.

In commodities trading, Gold Futures for December delivery was down 0.42% or 11.80 to $2,789.00 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.73% or 0.50 to hit $69.11 a barrel, while the January Brent oil contract rose 0.69% or 0.50 to trade at $72.66 a barrel.

USD/INR was down 0.01% to 84.09, while EUR/INR rose 0.13% to 91.43.

The US Dollar Index Futures was down 0.08% at 103.78.

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