Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

India shares lower at close of trade; Nifty 50 down 1.18%

Published 03/12/2021, 10:45
Updated 03/12/2021, 10:45
© Reuters India shares lower at close of trade; Nifty 50 down 1.18%

Investing.com – India equities were lower at the close on Friday, as losses in the Green Energy, Banking and Carbon sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.18%, while the BSE Sensex 30 index fell 1.31%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 2.12% or 14.80 points to trade at 713.00 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) added 1.89% or 7.15 points to end at 386.00 and Indian Oil Corporation Ltd (NS:IOC) was up 1.28% or 1.55 points to 122.20 in late trade.

Biggest losers included Power Grid Corporation of India Ltd (NS:PGRD), which lost 3.92% or 8.40 points to trade at 206.10 in late trade. Reliance Industries Ltd (NS:RELI) declined 3.00% or 74.60 points to end at 2408.25 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 2.55% or 50.05 points to 1914.20.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 0.72% to 1801.85, IndusInd Bank Ltd. (BO:INBK) which was up 0.61% to settle at 951.25 and Tata Steel Ltd (BO:TISC) which gained 0.47% to close at 1118.00.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 4.03% to 206.00 in late trade, Reliance Industries Ltd (BO:RELI) which lost 3.05% to settle at 2408.15 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 2.58% to 1913.60 at the close.

Advancing stocks outnumbered falling ones by 968 to 792 and 51 ended unchanged; on the Bombay Stock Exchange, 1760 rose and 1396 declined, while 141 ended unchanged on the India National Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.03% to 18.4550.

In commodities trading, Gold Futures for February delivery was up 0.52% or 9.25 to $1771.95 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.51% or 1.67 to hit $68.17 a barrel, while the February Brent oil contract rose 2.58% or 1.80 to trade at $71.47 a barrel.

USD/INR was up 0.19% to 75.113, while EUR/INR rose 0.30% to 84.9635.

The US Dollar Index Futures was down 0.01% at 96.145.

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.