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India stocks lower at close of trade; Nifty 50 down 0.04%

Investing.com – India stocks were lower after the close on Tuesday, as losses in the Fast Moving Consumer Goods, Healthcare and Oil & Gas sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.04%, while the BSE Sensex 30 index lost 0.01%.

The best performers of the session on the Nifty 50 were ICICI Bank Ltd (NS:ICBK), which rose 1.35% or 16.65 points to trade at 1,246.60 at the close. Meanwhile, SBI Life Insurance Company Ltd (NS:SBIL) added 1.34% or 25.35 points to end at 1,914.10 and Bajaj Finserv Ltd (NS:BJFS) was up 1.33% or 24.45 points to 1,865.00 in late trade.

The worst performers of the session were Bajaj Finance Ltd (NS:BJFN), which fell 1.40% or 104.50 points to trade at 7,335.55 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 1.29% or 4.20 points to end at 322.00 and Infosys Ltd (NS:INFY) was down 1.20% or 23.60 points to 1,940.90.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 1.37% to 1,246.90, Bajaj Finserv Ltd (BO:BJFS) which was up 1.15% to settle at 1,861.30 and Titan Company Ltd (BO:TITN) which gained 0.85% to close at 3,617.00.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 1.29% to 7,340.10 in late trade, Infosys Ltd (BO:INFY) which lost 1.28% to settle at 1,939.00 and JSW Steel Ltd (BO:JSTL) which was down 0.93% to 931.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1271 to 1181 and 26 ended unchanged; on the Bombay Stock Exchange, 1921 rose and 1853 declined, while 110 ended unchanged.

Shares in SBI Life Insurance Company Ltd (NS:SBIL) rose to all time highs; up 1.34% or 25.35 to 1,914.10. Shares in Bajaj Finserv Ltd (NS:BJFS) rose to 52-week highs; up 1.33% or 24.45 to 1,865.00. Shares in Bajaj Finserv Ltd (BO:BJFS) rose to 52-week highs; up 1.15% or 21.20 to 1,861.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.96% to 13.93.

Gold Futures for December delivery was down 0.05% or 1.30 to $2,526.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.73% or 1.27 to hit $72.28 a barrel, while the November Brent oil contract fell 2.36% or 1.83 to trade at $75.69 a barrel.

USD/INR was up 0.05% to 83.96, while EUR/INR fell 0.29% to 92.64.

The US Dollar Index Futures was up 0.17% at 101.79.

This post appeared first on investing.com

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