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India shares lower at close of trade; Nifty 50 down 0.16%

Published 2022-02-18, 05:45 a/m
© Reuters India shares lower at close of trade; Nifty 50 down 0.16%
NSEI
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AXBK
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CIPL
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COAL
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Investing.com – India equities were lower at the close on Friday, as losses in the Real Estate, Oil & Gas and Healthcare sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.16%, while the BSE Sensex 30 index fell 0.10%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL), which rose 2.61% or 4.25 points to trade at 167.30 at the close. SBI Life Insurance Company Ltd (NS:SBIL) added 1.84% or 20.70 points to end at 1147.05 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 1.22% or 29.35 points to 2441.15 in late trade.

Biggest losers included Oil And Natural Gas Corporation Ltd (NS:ONGC), which lost 2.18% or 3.75 points to trade at 168.00 in late trade. Cipla Ltd. (NS:CIPL) declined 2.06% or 19.10 points to end at 909.10 and Divi's Laboratories Ltd. (NS:DIVI) shed 2.00% or 88.80 points to 4353.40.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 1.25% to 2440.85, Larsen & Toubro Ltd (BO:LART) which was up 0.66% to settle at 1879.55 and AXIS Bank Ltd. (BO:AXBK) which gained 0.57% to close at 787.30.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 1.88% to 6915.55 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.36% to settle at 850.00 and Infosys Ltd (BO:INFY) which was down 1.06% to 1707.10 at the close.

Declining stocks outnumbered rising ones by 1302 to 513 and 22 ended unchanged; on the Bombay Stock Exchange, 2132 fell and 1121 advanced, while 112 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.73% to 22.1650.

In commodities trading, Gold Futures for April delivery was down 0.66% or 12.60 to $1889.40 a troy ounce. Meanwhile, Crude oil for delivery in March fell 2.50% or 2.29 to hit $89.47 a barrel, while the April Brent oil contract fell 2.43% or 2.26 to trade at $90.71 a barrel.

USD/INR was down 0.63% to 74.640, while EUR/INR fell 0.55% to 84.8410.

The US Dollar Index Futures was up 0.01% at 95.810.

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