India stocks lower at close of trade; Nifty 50 down 3.76% By Investing.com

India stocks lower at close of trade; Nifty 50 down 3.76%

Stock MarketsFeb 26, 2021 05:45AM ET

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India stocks lower at close of trade; Nifty 50 down 3.76%

Investing.com – India stocks were lower after the close on Friday, as losses in the Banking, Oil & Gas and Carbon sectors led shares lower.

At the close in NSE, the Nifty 50 lost 3.76%, while the BSE Sensex 30 index declined 3.80%.

The best performers of the session on the Nifty 50 were Nestle India Ltd (NS:NEST), which fell 0.08% or 12.30 points to trade at 16101.60 at the close. Meanwhile, SBI Life Insurance Company Ltd (NS:SBIL) fell 0.63% or 5.50 points to end at 866.90 and NTPC Ltd (NS:NTPC) was down 0.65% or 0.70 points to 107.30 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 6.76% or 8.05 points to trade at 111.00 at the close. JSW Steel Ltd (NS:JSTL) declined 6.24% or 26.30 points to end at 395.45 and Hero MotoCorp Ltd (NS:HROM) was down 6.13% or 210.40 points to 3224.00.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which fell 0.10% to 16097.70, NTPC Ltd (BO:NTPC) which was down 0.69% to settle at 107.20 and Maruti Suzuki India Ltd. (BO:MRTI) which lost 0.79% to close at 6872.65.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 6.60% to 111.15 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 6.35% to settle at 804.85 and AXIS Bank Ltd. (BO:AXBK) which was down 5.98% to 724.70 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1153 to 499 and 64 ended unchanged; on the Bombay Stock Exchange, 1775 fell and 1032 advanced, while 174 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 22.93% to 28.1425 a new 6-months high.

Gold Futures for April delivery was down 0.57% or 10.20 to $1765.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.57% or 0.36 to hit $63.17 a barrel, while the May Brent oil contract fell 0.61% or 0.40 to trade at $65.71 a barrel.

USD/INR was up 1.32% to 73.697, while EUR/INR rose 0.92% to 89.3760.

The US Dollar Index Futures was up 0.47% at 90.560.

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US 30 Futures	33,544.5	-25.5	-0.08%
US 500 Futures	4,132.88	+0.13	+0.00%
Dow Jones	33,677.27	-68.13	-0.20%
S&P 500	4,141.17	+12.14	+0.29%
Nasdaq	13,996.10	+146.10	+1.05%
S&P 500 VIX	16.65	-0.26	-1.54%
Dollar Index	91.750	-0.094	-0.10%

Crude Oil WTI	60.61	+0.43	+0.71%
Brent Oil	64.09	+0.42	+0.66%
Natural Gas	2.624	+0.001	+0.04%
Gold	1,745.85	-1.75	-0.10%
Silver	25.462	+0.036	+0.14%
Copper	4.0412	+0.0022	+0.05%
US Soybeans	1,391.75	+2.37	+0.17%

SPDR S&P 500	412.86	+1.22	+0.30%
iShares Russell 2000	221.14	-0.58	-0.26%
Invesco QQQ Trust	340.60	+3.93	+1.17%
Direxion Daily Junior Gold Miners Bull 2X Shares	90.22	+3.71	+4.29%
iShares Silver	23.51	+0.47	+2.04%
ProShares Ultra VIX Short-Term Futures	4.69	-0.08	-1.68%
ProShares UltraPro QQQ	110.51	+3.66	+3.43%

Apple	134.43	+3.19	+2.43%
Alphabet A	2,254.43	+9.81	+0.44%
Tesla	762.32	+60.34	+8.60%
Amazon.com	3,400.00	+20.61	+0.61%
Netflix	553.73	+0.95	+0.17%
Facebook	309.76	-1.78	-0.57%
Bank of America	39.32	-0.74	-1.85%

India stocks lower at close of trade; Nifty 50 down 3.76%

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