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India shares lower at close of trade; Nifty 50 down 0.62%

Published 11/04/2022, 11:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.62%
NSEI
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Investing.com – India equities were lower at the close on Monday, as losses in the IT, Technology and Capital Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.62%, while the BSE Sensex 30 index lost 0.81%.

The biggest gainers of the session on the Nifty 50 were Grasim Industries Ltd (NS:GRAS), which rose 2.76% or 48.90 points to trade at 1,820.15 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE) added 1.82% or 15.25 points to end at 854.55 and JSW Steel Ltd (NS:JSTL) was up 1.43% or 10.80 points to 767.40 in late trade.

Biggest losers included HCL Technologies Ltd (NS:HCLT), which lost 2.73% or 31.85 points to trade at 1,133.50 in late trade. Larsen & Toubro Ltd (NS:LART) declined 2.69% or 49.25 points to end at 1,781.50 and Infosys Ltd (NS:INFY) shed 2.65% or 48.05 points to 1,766.55.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 0.71% to 759.70, NTPC Ltd (BO:NTPC) which was up 0.69% to settle at 153.05 and Tata Consultancy Services Ltd. (BO:TCS) which gained 0.26% to close at 3,696.40.

The worst performers were HCL Technologies Ltd (BO:HCLT) which was down 2.73% to 1,133.80 in late trade, Larsen & Toubro Ltd (BO:LART) which lost 2.72% to settle at 1,780.60 and Infosys Ltd (BO:INFY) which was down 2.67% to 1,766.65 at the close.

Advancing stocks outnumbered falling ones by 1057 to 796 and 36 ended unchanged; on the Bombay Stock Exchange, 2051 rose and 1388 declined, while 127 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.29% to 18.27.

In commodities trading, Gold Futures for June delivery was up 0.50% or 9.70 to $1,955.30 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.40% or 3.34 to hit $94.92 a barrel, while the June Brent oil contract fell 3.08% or 3.17 to trade at $99.61 a barrel.

USD/INR was down 0.01% to 75.91, while EUR/INR rose 0.30% to 82.84.

The US Dollar Index Futures was up 0.02% at 99.77.

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