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India shares lower at close of trade; Nifty 50 down 1.18%

Published 2021-12-03, 05:45 a/m
© Reuters India shares lower at close of trade; Nifty 50 down 1.18%
NSEI
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NIFVIX
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BPCL
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IOC
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INBK
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KTKM
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LART
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PGRD
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RELI
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TISC
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UPLL
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BSESN
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BSEBANK
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BSEGRNX
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BSECRBX
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Investing.com – India equities were lower at the close on Friday, as losses in the Green Energy, Banking and Carbon sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.18%, while the BSE Sensex 30 index fell 1.31%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 2.12% or 14.80 points to trade at 713.00 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) added 1.89% or 7.15 points to end at 386.00 and Indian Oil Corporation Ltd (NS:IOC) was up 1.28% or 1.55 points to 122.20 in late trade.

Biggest losers included Power Grid Corporation of India Ltd (NS:PGRD), which lost 3.92% or 8.40 points to trade at 206.10 in late trade. Reliance Industries Ltd (NS:RELI) declined 3.00% or 74.60 points to end at 2408.25 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 2.55% or 50.05 points to 1914.20.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 0.72% to 1801.85, IndusInd Bank Ltd. (BO:INBK) which was up 0.61% to settle at 951.25 and Tata Steel Ltd (BO:TISC) which gained 0.47% to close at 1118.00.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 4.03% to 206.00 in late trade, Reliance Industries Ltd (BO:RELI) which lost 3.05% to settle at 2408.15 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 2.58% to 1913.60 at the close.

Advancing stocks outnumbered falling ones by 968 to 792 and 51 ended unchanged; on the Bombay Stock Exchange, 1760 rose and 1396 declined, while 141 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.03% to 18.4550.

In commodities trading, Gold Futures for February delivery was up 0.52% or 9.25 to $1771.95 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.51% or 1.67 to hit $68.17 a barrel, while the February Brent oil contract rose 2.58% or 1.80 to trade at $71.47 a barrel.

USD/INR was up 0.19% to 75.113, while EUR/INR rose 0.30% to 84.9635.

The US Dollar Index Futures was down 0.01% at 96.145.

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