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India shares lower at close of trade; Nifty 50 down 1.41%

Published 17/12/2024, 10:30
© Reuters India shares lower at close of trade; Nifty 50 down 1.41%

© Reuters India shares lower at close of trade; Nifty 50 down 1.41%

USD/INR
-0.02%
GC
-0.40%
LCO
1.19%
NSEI
-0.50%
NIFVIX
-0.72%
BSESN
-0.55%

Investing.com – India equities were lower at the close on Tuesday, as losses in the Metals, Auto and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.41%, while the BSE Sensex 30 index declined 1.33%.

The biggest gainers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 0.17% or 2.40 points to trade at 1,450.85 at the close. Wipro Ltd (NS:WIPR) fell 0.11% or 0.35 points to end at 308.85 and Hindustan Unilever Ltd. (NS:HLL) was down 0.12% or 2.90 points to 2,363.25 in late trade.

Biggest losers included Shriram Finance Ltd. (NS:SHMF), which lost 5.12% or 160.55 points to trade at 2,976.90 in late trade. Grasim Industries Ltd (NS:GRAS) declined 3.18% or 85.45 points to end at 2,599.70 and Bharti Airtel Ltd. (NS:BRTI) shed 2.84% or 47.25 points to 1,615.30.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 0.19% to 470.95, Hindustan Unilever Ltd. (BO:HLL) which was down 0.02% to settle at 2,365.50 and Wipro Ltd (BO:WIPR) which lost 0.03% to close at 309.00.

The worst performers were JSW Steel Ltd (BO:JSTL) which was down 3.06% to 960.00 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 3.02% to settle at 1,612.20 and IndusInd Bank Ltd. (BO:INBK) which was down 2.55% to 974.25 at the close.

Declining stocks outnumbered rising ones by 1718 to 787 and 122 ended unchanged; on the Bombay Stock Exchange, 2294 fell and 1541 advanced, while 85 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 3.60% to 14.52.

In commodities trading, Gold Futures for February delivery was down 0.49% or 12.99 to $2,657.01 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.50% or 1.06 to hit $69.65 a barrel, while the February Brent oil contract fell 0.80% or 0.59 to trade at $73.32 a barrel.

USD/INR was up 0.04% to 84.91, while EUR/INR fell 0.31% to 89.01.

The US Dollar Index Futures was up 0.20% at 106.76.

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