Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

India shares mixed at close of trade; Nifty 50 up 0.02%

Published 11/06/2024, 11:30
Updated 11/06/2024, 11:35
© Reuters India shares mixed at close of trade; Nifty 50 up 0.02%
USD/INR
-
EUR/INR
-
GC
-
LCO
-
NSEI
-
NIFVIX
-
BSESN
-

Investing.com – India equities were mixed at the close on Tuesday, as gains in the Oil & Gas, Capital Goods and Public Sector Undertakings sectors propelled shares higher while losses in the Banking, Metals and Consumer Durables sectors led shares lower.

At the close in NSE, the Nifty 50 rose 0.02%, while the BSE Sensex 30 index lost 0.04%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 5.56% or 14.40 points to trade at 273.55 at the close. Larsen & Toubro Ltd (NS:LART) added 1.55% or 54.95 points to end at 3,598.70 and Tata Motors Ltd (NS:TAMO) was up 1.54% or 14.95 points to 987.10 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd. (NS:KTKM), which lost 1.47% or 25.65 points to trade at 1,720.00 in late trade. Divi's Laboratories Ltd. (NS:DIVI) declined 1.27% or 57.50 points to end at 4,478.75 and Asian Paints Ltd. (NS:ASPN) shed 1.18% or 34.55 points to 2,903.00.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 1.63% to 3,599.95, Tata Motors Ltd (BO:TAMO) which was up 1.51% to settle at 986.50 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.14% to close at 12,848.15.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.25% to 1,723.60 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.22% to settle at 2,901.00 and Reliance Industries Ltd (BO:RELI) which was down 0.90% to 2,914.00 at the close.

Advancing stocks outnumbered falling ones by 1430 to 802 and 34 ended unchanged; on the Bombay Stock Exchange, 2367 rose and 1345 declined, while 103 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 9.96% to 14.77 a new 1-month low.

In commodities trading, Gold Futures for August delivery was down 0.10% or 2.30 to $2,324.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.45% or 0.35 to hit $77.39 a barrel, while the August Brent oil contract fell 0.37% or 0.30 to trade at $81.33 a barrel.

USD/INR was up 0.05% to 83.56, while EUR/INR fell 0.15% to 89.77.

The US Dollar Index Futures was down 0.23% at 104.86.

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.