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India stocks lower at close of trade; Nifty 50 unchanged

Published 02/28/2022, 05:45 AM
Updated 02/28/2022, 05:45 AM
© Reuters India stocks lower at close of trade; Nifty 50 unchanged

Investing.com – India stocks were lower after the close on Monday, as in the sectors led shares .

At the close in NSE, the Nifty 50 unchanged 0%, while the BSE Sensex 30 index unchanged 0%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which unchanged 0% or 0 points to trade at 509.95 at the close. Meanwhile, Tata Steel Ltd (NS:TISC) unchanged 0% or 0 points to end at 1136.00 and Power Grid Corporation of India Ltd (NS:PGRD) was unchanged 0% or 0 points to 195.70 in late trade.

The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which unchanged 0% or 0 points to trade at 572.40 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) unchanged 0% or 0 points to end at 4215.60 and Mahindra & Mahindra Ltd. (NS:MAHM) was 0% or 0 points to 840.00.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which unchanged 0% to 1136.00, Power Grid Corporation of India Ltd (BO:PGRD) which was unchanged 0% to settle at 194.90 and Reliance Industries Ltd (BO:RELI) which unchanged 0% to close at 2365.25.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was unchanged 0% to 4207.70 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which unchanged 0% to settle at 837.70 and AXIS Bank Ltd. (BO:AXBK) which was unchanged 0% to 777.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1174 to 650 and 42 ended unchanged; on the Bombay Stock Exchange, 2041 rose and 1303 declined, while 143 ended unchanged.

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Shares in Hindalco Industries Ltd. (NS:HALC) unchanged to all time highs; unchanged 0% or 0 to 509.95. Shares in HDFC Life Insurance Company Ltd (NS:HDFL) unchanged to 52-week lows; unchanged 0% or 0 to 572.40. Shares in Dr. Reddy’s Laboratories Ltd (NS:REDY) unchanged to 52-week lows; unchanged 0% or 0 to 4215.60. Shares in Dr. Reddy’s Laboratories Ltd (BO:REDY) unchanged to 52-week lows; unchanged 0% or 0 to 4207.70.

The India VIX, which measures the implied volatility of Nifty 50 options, was unchanged 0% to 27.0600.

Gold Futures for April delivery was up 0.63% or 12.05 to $1911.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.68% or 3.32 to hit $93.53 a barrel, while the May Brent oil contract rose 2.10% or 1.95 to trade at $94.94 a barrel.

USD/INR was unchanged 0% to 74.859, while EUR/INR unchanged 0% to 84.6985.

The US Dollar Index Futures was up 0.10% at 96.112.

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