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India shares mixed at close of trade; Nifty 50 up 0.01%

Published 24/09/2024, 11:30
© Reuters India shares mixed at close of trade; Nifty 50 up 0.01%
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Investing.com – India equities were mixed at the close on Tuesday, as gains in the Metals, Power and Oil & Gas sectors propelled shares higher while losses in the Fast Moving Consumer Goods, Healthcare and Real Estate sectors led shares lower.

At the close in NSE, the Nifty 50 rose 0.01% to hit a new all time high, while the BSE Sensex 30 index fell 0.02%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 4.25% or 6.54 points to trade at 160.53 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.95% or 27.30 points to end at 717.85 and Power Grid Corporation of India Ltd (NS:PGRD) was up 2.61% or 8.90 points to 350.05 in late trade.

Biggest losers included SBI Life Insurance Company Ltd (NS:SBIL), which lost 2.91% or 55.80 points to trade at 1,864.35 in late trade. Hindustan Unilever Ltd. (NS:HLL) declined 2.58% or 78.00 points to end at 2,950.55 and Grasim Industries Ltd (NS:GRAS) shed 1.78% or 47.60 points to 2,619.30.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 4.32% to 160.60, Power Grid Corporation of India Ltd (BO:PGRD) which was up 2.70% to settle at 350.25 and Tech Mahindra Ltd (BO:TEML) which gained 1.88% to close at 1,638.00.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 2.46% to 2,953.30 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 1.54% to settle at 11,786.75 and IndusInd Bank Ltd. (BO:INBK) which was down 1.16% to 1,448.40 at the close.

Declining stocks outnumbered rising ones by 1398 to 1101 and 73 ended unchanged; on the Bombay Stock Exchange, 1965 fell and 1834 advanced, while 90 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.08% to 13.36.

In commodities trading, Gold Futures for December delivery was up 0.24% or 6.40 to $2,658.90 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.54% or 1.79 to hit $72.16 a barrel, while the December Brent oil contract rose 2.32% or 1.70 to trade at $74.91 a barrel.

USD/INR was up 0.14% to 83.65, while EUR/INR rose 0.30% to 93.12.

The US Dollar Index Futures was down 0.04% at 100.52.

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