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India shares lower at close of trade; Nifty 50 down 0.12%

Published 2022-05-18, 06:45 a/m
© Reuters India shares lower at close of trade; Nifty 50 down 0.12%
NSEI
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NIFVIX
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ASPN
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BPCL
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HLL
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PGRD
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SBI
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TACN
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TEML
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ULTC
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BSESN
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BSEOIL
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BSEREAL
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BSEPSU
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Real Estate, Public Sector Undertakings and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.12%, while the BSE Sensex 30 index fell 0.20%.

The biggest gainers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 2.73% or 20.05 points to trade at 754.30 at the close. Hindustan Unilever Ltd. (NS:HLL) added 2.07% or 46.40 points to end at 2,291.40 and UltraTech Cement Ltd (NS:ULTC) was up 2.06% or 126.00 points to 6,233.75 in late trade.

Biggest losers included Power Grid Corporation of India Ltd (NS:PGRD), which lost 4.50% or 10.75 points to trade at 227.90 in late trade. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 3.08% or 10.55 points to end at 331.90 and Tech Mahindra Ltd (NS:TEML) shed 2.18% or 26.15 points to 1,172.05.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.02% to 2,290.65, UltraTech Cement Ltd (BO:ULTC) which was up 1.98% to settle at 6,230.00 and Asian Paints Ltd. (BO:ASPN) which gained 1.65% to close at 3,100.15.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 4.55% to 227.85 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 2.14% to settle at 1,172.45 and State Bank Of India (BO:SBI) which was down 2.01% to 457.95 at the close.

Advancing stocks outnumbered falling ones by 1015 to 823 and 43 ended unchanged; on the Bombay Stock Exchange, 1847 rose and 1392 declined, while 112 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.97% to 22.30.

In commodities trading, Gold Futures for June delivery was down 0.16% or 2.90 to $1,816.00 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.27% or 1.39 to hit $111.02 a barrel, while the July Brent oil contract rose 0.96% or 1.08 to trade at $113.01 a barrel.

USD/INR was up 0.32% to 77.60, while EUR/INR fell 0.01% to 81.68.

The US Dollar Index Futures was up 0.12% at 103.54.

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