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India stocks mixed at close of trade; Nifty 50 down 0.07%

Published 02/12/2021, 05:45 AM
Updated 02/12/2021, 05:45 AM
© Reuters.  India stocks mixed at close of trade; Nifty 50 down 0.07%

Investing.com – India stocks were mixed after the close on Friday, as gains in the Banking, IT and Power sectors led shares higher while losses in the Metals, Fast Moving Consumer Goods and Consumer Durables sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.07%, while the BSE Sensex 30 index climbed 0.02%.

The best performers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd (NS:APSE), which rose 4.18% or 24.75 points to trade at 616.60 at the close. Meanwhile, ICICI Bank Ltd (NS:ICBK) added 2.69% or 16.95 points to end at 647.60 and AXIS Bank Ltd (NS:AXBK) was up 1.39% or 10.30 points to 750.40 in late trade.

The worst performers of the session were ITC Ltd (NS:ITC), which fell 3.97% or 9.00 points to trade at 217.45 at the close. GAIL Ltd (NS:GAIL) declined 2.60% or 3.55 points to end at 132.90 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was down 2.56% or 16.50 points to 627.15.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 2.66% to 647.45, Infosys Ltd (BO:INFY) which was up 1.41% to settle at 1310.25 and AXIS Bank Ltd. (BO:AXBK) which gained 1.20% to close at 749.05.

The worst performers were ITC Ltd (BO:ITC) which was down 3.97% to 217.45 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 2.46% to settle at 97.00 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 2.34% to 628.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 908 to 723 and 71 ended unchanged; on the Bombay Stock Exchange, 1489 fell and 1369 advanced, while 156 ended unchanged.

Shares in Adani Port and Special Economic Zone Ltd (NS:APSE) rose to all time highs; up 4.18% or 24.75 to 616.60. Shares in ICICI Bank Ltd (NS:ICBK) rose to all time highs; up 2.69% or 16.95 to 647.60. Shares in AXIS Bank Ltd (NS:AXBK) rose to 52-week highs; up 1.39% or 10.30 to 750.40. Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; gaining 2.66% or 16.80 to 647.45. Shares in AXIS Bank Ltd. (BO:AXBK) rose to 52-week highs; rising 1.20% or 8.85 to 749.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.35% to 22.0425.

Gold Futures for April delivery was down 0.33% or 5.95 to $1820.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.74% or 0.43 to hit $57.81 a barrel, while the April Brent oil contract fell 0.64% or 0.39 to trade at $60.75 a barrel.

USD/INR was down 0.18% to 72.568, while EUR/INR fell 0.35% to 87.8615.

The US Dollar Index Futures was up 0.18% at 90.578.

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