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India shares lower at close of trade; Nifty 50 down 0.32%

Published 2022/06/29, 12:45
© Reuters India shares lower at close of trade; Nifty 50 down 0.32%

Investing.com – India equities were lower at the close on Wednesday, as losses in the Banking, IT and Fast Moving Consumer Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.32%, while the BSE Sensex 30 index fell 0.28%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 3.21% or 4.80 points to trade at 154.15 at the close. NTPC Ltd (NS:NTPC) added 2.27% or 3.15 points to end at 141.75 and Reliance Industries Ltd (NS:RELI) was up 2.08% or 52.45 points to 2,580.15 in late trade.

Biggest losers included HDFC Life Insurance Company Ltd (NS:HDFL), which lost 4.36% or 24.70 points to trade at 541.25 in late trade. Hindustan Unilever Ltd. (NS:HLL) declined 3.63% or 84.20 points to end at 2,233.45 and Apollo Hospitals Enterprises Ltd. (NS:APLH) shed 3.24% or 124.35 points to 3,713.00.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 2.42% to 141.90, Reliance Industries Ltd (BO:RELI) which was up 1.98% to settle at 2,579.05 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 1.52% to close at 840.55.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 3.46% to 2,238.10 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 2.57% to settle at 625.80 and Bajaj Finserv Ltd (BO:BJFS) which was down 2.19% to 11,114.45 at the close.

Declining stocks outnumbered rising ones by 1052 to 748 and 65 ended unchanged; on the Bombay Stock Exchange, 1713 fell and 1478 advanced, while 140 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.10% to 21.90.

In commodities trading, Gold Futures for August delivery was up 0.30% or 5.50 to $1,826.70 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.78% or 0.87 to hit $112.63 a barrel, while the September Brent oil contract rose 0.67% or 0.76 to trade at $114.56 a barrel.

USD/INR was down 0.07% to 79.03, while EUR/INR rose 0.12% to 83.16.

The US Dollar Index Futures was unchanged 0.00% at 104.26.

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