🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

India stocks lower at close of trade; Nifty 50 down 0.41%

Published 11/30/2021, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.41%

Investing.com – India stocks were lower after the close on Tuesday, as losses in the Metals, Auto and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.41% to hit a new 3-months low, while the BSE Sensex 30 index declined 0.34%.

The best performers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 3.12% or 6.25 points to trade at 206.50 at the close. Meanwhile, Shree Cements Ltd. (NS:SHCM) added 3.07% or 783.85 points to end at 26349.95 and Tata Consumer Products Ltd (NS:TACN) was up 2.35% or 18.00 points to 784.00 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 4.01% or 44.75 points to trade at 1070.00 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) declined 3.10% or 62.60 points to end at 1957.00 and JSW Steel Ltd (NS:JSTL) was down 2.81% or 17.60 points to 608.00.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.43% to 206.80, Titan Company Ltd (BO:TITN) which was up 2.18% to settle at 2374.90 and Bajaj Finserv Ltd (BO:BJFS) which gained 1.98% to close at 17224.00.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 3.87% to 1071.60 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 2.87% to settle at 1962.15 and Bajaj Auto Ltd (BO:BAJA) which was down 1.72% to 3243.15 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 982 to 787 and 48 ended unchanged; on the Bombay Stock Exchange, 1732 rose and 1420 declined, while 149 ended unchanged.

Shares in Power Grid Corporation of India Ltd (NS:PGRD) rose to 52-week highs; gaining 3.12% or 6.25 to 206.50. Shares in Power Grid Corporation of India Ltd (BO:PGRD) rose to 52-week highs; up 3.43% or 6.85 to 206.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.62% to 21.1675 a new 6-months high.

Gold Futures for February delivery was up 0.78% or 14.00 to $1799.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.19% or 2.23 to hit $67.72 a barrel, while the February Brent oil contract fell 3.25% or 2.38 to trade at $70.84 a barrel.

USD/INR was up 0.22% to 75.195, while EUR/INR rose 0.92% to 85.4850.

The US Dollar Index Futures was down 0.69% at 95.675.

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.