Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

India shares lower at close of trade; Nifty 50 down 1.12%

Published 02/03/2022, 10:45
Updated 02/03/2022, 10:45
© Reuters India shares lower at close of trade; Nifty 50 down 1.12%

© Reuters India shares lower at close of trade; Nifty 50 down 1.12%

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

At the close in NSE, the Nifty 50 fell 1.12%, while the BSE Sensex 30 index lost 1.38%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 8.99% or 15.25 points to trade at 184.80 at the close. HDFC Life Insurance Company Ltd (NS:HDFL) added 7.19% or 37.60 points to end at 560.80 and SBI Life Insurance Company Ltd (NS:SBIL) was up 5.75% or 61.00 points to 1,121.15 in late trade.

Biggest losers included Maruti Suzuki India Ltd. (NS:MRTI), which lost 6.01% or 499.95 points to trade at 7,814.20 in late trade. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 5.17% or 210.25 points to end at 3,853.15 and Bajaj Auto Ltd (NS:BAJA) shed 4.62% or 163.20 points to 3,367.15.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 5.54% to 1,288.50, Titan Company Ltd (BO:TITN) which was up 1.88% to settle at 2,592.55 and Reliance Industries Ltd (BO:RELI) which gained 1.67% to close at 2,398.40.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 6.00% to 7,813.85 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 5.14% to settle at 3,854.15 and Asian Paints Ltd. (BO:ASPN) which was down 4.53% to 3,028.80 at the close.

Declining stocks outnumbered rising ones by 921 to 880 and 36 ended unchanged; on the Bombay Stock Exchange, 1655 rose and 1584 declined, while 111 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.32% to 29.23.

In commodities trading, Gold Futures for April delivery was down 0.88% or 17.20 to $1,926.60 a troy ounce. Meanwhile, Crude oil for delivery in April rose 4.44% or 4.59 to hit $108.00 a barrel, while the May Brent oil contract rose 4.50% or 4.72 to trade at $109.69 a barrel.

USD/INR was down 0.10% to 75.73, while EUR/INR fell 0.29% to 84.03.

The US Dollar Index Futures was up 0.19% at 97.59.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.