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Home Business & Finance Stock Market

India stocks lower at close of trade; Nifty 50 down 0.48% By Investing.com todayheadline

December 16, 2024
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India stocks lower at close of trade; Nifty 50 down 0.48% By Investing.com
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Investing.com – India stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in NSE, the declined 0.48%, while the index declined 0.53%.

The best performers of the session on the were Dr Reddy’s Laboratories Ltd (NS:), which rose 1.89% or 23.60 points to trade at 1,269.95 at the close. Meanwhile, IndusInd Bank Ltd. (NS:) added 1.29% or 12.70 points to end at 999.35 and HDFC Life Insurance Company Ltd (NS:) was up 0.38% or 2.40 points to 634.95 in late trade.

The worst performers of the session were Titan Company Ltd (NS:), which fell 2.01% or 70.65 points to trade at 3,438.20 at the close. Adani Ports and Special Economic Zone Ltd (NS:) declined 1.33% or 16.80 points to end at 1,243.15 and Tata Consultancy Services Ltd. (NS:) was down 1.31% or 58.70 points to 4,415.20.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 1.11% to 998.05, Bajaj Finance Ltd (BO:) which was up 0.23% to settle at 7,202.90 and Power Grid Corporation of India Ltd (BO:) which gained 0.18% to close at 334.60.

The worst performers were Titan Company Ltd (BO:) which was down 1.93% to 3,441.50 in late trade, UltraTech Cement Ltd (BO:) which lost 1.31% to settle at 11,935.00 and Tata Consultancy Services Ltd. (BO:) which was down 1.25% to 4,417.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1382 to 1145 and 127 ended unchanged; on the Bombay Stock Exchange, 2252 rose and 1710 declined, while 94 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 7.55% to 14.04.

Gold Futures for February delivery was up 0.06% or 1.51 to $2,677.31 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.50% or 1.07 to hit $70.22 a barrel, while the February Brent oil contract fell 0.74% or 0.55 to trade at $73.94 a barrel.

USD/INR was up 0.12% to 84.91, while EUR/INR rose 0.27% to 89.15.

The US Dollar Index Futures was down 0.05% at 106.63.

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