India stocks lower at close of trade; Nifty 50 down 0.48% -Breaking
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© Reuters India stocks lower at close of trade; Nifty 50 down 0.48%Investing.com – India stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.
The index fell 0.55% at the NSE close.
They were the top performers at the session Kotak Mahindra Bank Ltd., which rose by 6.37% (or 128.30) to trade at 2143.75 as of the closing. In the meantime, Tata Motors Ltd (NS) An additional 4.33% or 21.10 Points was added to bring the total up to 508.00 Grasim Industries Ltd (NS.:) increased 3.52% to 1752.00, or 59.50 Points in late-trade.
They were also the session’s worst performers Asian Paints Ltd. (NS): The close was 5.29% lower or 167.60 point, and traded at 3002.00. Hindalco Industries Ltd., NS:) dropped 3.74% (or 19.20 points), to reach 493.75 Reliance Industries Ltd (NS) fell 2.88%, or 77.90 point to 2622.50.
Kotak Mahindra Bank Ltd. rose 6.51% at 2145.65 and Housing Development Finance Corporation Ltd. (BO) was up 1.70% at 2842.90. ICICI Bank Ltd. gained 1.52% at 756.85.
Reliance Industries Ltd., which fell 5.21% at 3003.50 in late trading, Asian Paints Ltd.(BO:), which dropped 2.85% at 2623.00, and Infosys Ltd. (“BO:”) which declined 2.59% at 1753.85 at closing.
The India National Stock Exchange saw falling stocks surpass advancing by 918, 801 and 50 respectively. However, the Bombay Stock Exchange witnessed 1586 fall and 1529 advance, and 128 ended the same.
Kotak Mahindra Bank Ltd.’s shares rose to new highs, rising 6.37% (or 128.30 to 2134.37.55). Kotak Mahindra Bank Ltd.’s shares rose to new heights, rising by 6.51% (131.15 to 215.65). Shares of ICICI Bank Ltd. (BO:), rose to new heights, with a gain 1.52% (11.3 to 756).85.
The implied volatility index of Nifty 50 options was lower by 1.52% to 18.0350.
For December delivery, Gold Futures rose 0.10% to $1786.60 an ounce. In commodities trading, crude oil fell 0.56 percent to $82.86 per barrel. The December Brent oil contract dropped 1.10% to $84.88 per barrel.
USD/INR increased 0.04% at 74.823 while EUR/INR dropped 0.04% at 87.0900.
US Dollar Index Futures were up 0.3% at 93.653
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