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Ashok Kumar
Jun 13, 2022 6:36AM ET
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India stocks lower at close of trade; Nifty 50 down 0.37%
Published Jun 08, 2022 06:45AM ET
© Reuters India stocks lower at close of trade; Nifty 50 down 0.37%
Investing.com – India stocks were lower after the close on Wednesday, as losses in the Fast Moving Consumer Goods, Oil & Gas and Carbon sectors led shares lower.
At the close in NSE, the Nifty 50 lost 0.37%, while the BSE Sensex 30 index lost 0.39%.
The best performers of the session on the Nifty 50 were Tata Steel Ltd (NS:TISC), which rose 1.71% or 18.25 points to trade at 1,086.75 at the close. Meanwhile, State Bank Of India (NS:SBI) added 1.70% or 7.90 points to end at 471.30 and Titan Company Ltd (NS:TITN) was up 1.34% or 28.05 points to 2,128.85 in late trade.
The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 3.21% or 22.00 points to trade at 663.30 at the close. ITC Ltd (NS:ITC) declined 2.19% or 6.00 points to end at 267.90 and UPL Ltd (NS:UPLL) was down 1.77% or 13.20 points to 733.00.
The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 1.70% to 1,086.75, State Bank Of India (BO:SBI) which was up 1.66% to settle at 471.05 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.52% to close at 4,205.10.
The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.31% to 663.20 in late trade, ITC Ltd (BO:ITC) which lost 2.03% to settle at 268.25 and Reliance Industries Ltd (BO:RELI) which was down 1.74% to 2,724.30 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1054 to 764 and 59 ended unchanged; on the Bombay Stock Exchange, 1712 fell and 1495 advanced, while 109 ended unchanged.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.88% to 19.84 a new 1-month low.
Gold Futures for August delivery was down 0.13% or 2.45 to $1,849.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.31% or 1.56 to hit $120.97 a barrel, while the August Brent oil contract rose 1.19% or 1.43 to trade at $122.00 a barrel.
USD/INR was down 0.31% to 77.69, while EUR/INR rose 0.26% to 83.29.
The US Dollar Index Futures was up 0.16% at 102.49.
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Comments (4)
SURENDER KUMAR
Jun 08, 2022 7:47AM ET
Always down, never profit is India
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SURENDER KUMAR
Jun 08, 2022 7:45AM ET
always down
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SURENDER KUMAR
Jun 08, 2022 7:43AM ET
no one day sleep always sleep
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