India stocks lower at close of trade; Nifty 50 down 0.53%

Stock Markets6 minutes ago (Sep 30, 2021 06:45AM ET)

(C) Reuters India stocks lower at close of trade; Nifty 50 down 0.53% – India stocks were lower after the close on Thursday, as losses in the Banking, Metals and Technology sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.53%, while the BSE Sensex 30 index fell 0.48%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 2.03% or 152.70 points to trade at 7668.10 at the close. Meanwhile, Bajaj Finserv Ltd (NS:BJFS) added 2.02% or 353.00 points to end at 17786.75 and Tata Motors Ltd (NS:TAMO) was up 0.94% or 3.10 points to 333.35 in late trade.

The worst performers of the session were Power Grid Corporation of India Ltd (NS:PGRD), which fell 2.64% or 5.15 points to trade at 189.90 at the close. Asian Paints Ltd. (NS:ASPN) declined 2.36% or 78.40 points to end at 3244.65 and AXIS Bank Ltd (NS:AXBK) was down 1.99% or 15.60 points to 766.55.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 2.19% to 17810.00, Bajaj Finance Ltd (BO:BJFN) which was up 2.05% to settle at 7670.70 and NTPC Ltd (BO:NTPC) which gained 0.92% to close at 141.85.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 2.67% to 189.90 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.34% to settle at 3244.40 and AXIS Bank Ltd. (BO:AXBK) which was down 1.87% to 766.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 896 to 804 and 64 ended unchanged; on the Bombay Stock Exchange, 1761 rose and 1344 declined, while 132 ended unchanged.

Shares in NTPC Ltd (BO:NTPC) rose to 52-week highs; rising 0.92% or 1.30 to 141.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.31% to 18.4025.

Gold Futures for December delivery was up 0.08% or 1.35 to $1724.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.21% or 0.16 to hit $74.67 a barrel, while the December Brent oil contract fell 0.22% or 0.17 to trade at $77.92 a barrel.

USD/INR was up 0.01% to 74.285, while EUR/INR fell 0.17% to 85.9805.

The US Dollar Index Futures was up 0.15% at 94.493.

India stocks lower at close of trade; Nifty 50 down 0.53%

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