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India shares lower at close of trade; Nifty 50 down 1.27%

Published 2022-04-22, 06:45 a/m
© Reuters India shares lower at close of trade; Nifty 50 down 1.27%
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Investing.com – India equities were lower at the close on Friday, as losses in the Banking, Metals and Healthcare sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 1.27%, while the BSE Sensex 30 index lost 1.23%.

The biggest gainers of the session on the Nifty 50 were Adani Ports and Special Economic Zone Ltd (NS:APSE), which rose 2.78% or 23.65 points to trade at 874.15 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) added 1.06% or 9.65 points to end at 920.65 and Maruti Suzuki India Ltd. (NS:MRTI) was up 0.32% or 25.30 points to 7,904.50 in late trade.

Biggest losers included Hindalco Industries Ltd. (NS:HALC), which lost 4.83% or 26.10 points to trade at 514.15 in late trade. Hindustan Unilever Ltd. (NS:HLL) declined 3.23% or 71.00 points to end at 2,126.95 and Cipla Ltd. (NS:CIPL) shed 3.16% or 31.55 points to 967.00.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 0.98% to 920.30, Bharti Airtel Ltd (BO:BRTI) which was up 0.50% to settle at 738.45 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 0.35% to close at 7,903.25.

The worst performers were State Bank Of India (BO:SBI) which was down 3.08% to 500.40 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 3.06% to settle at 2,129.70 and IndusInd Bank Ltd. (BO:INBK) which was down 2.94% to 959.90 at the close.

Declining stocks outnumbered rising ones by 1141 to 682 and 47 ended unchanged; on the Bombay Stock Exchange, 1864 fell and 1428 advanced, while 117 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.80% to 18.35.

In commodities trading, Gold Futures for June delivery was down 0.65% or 12.60 to $1,935.60 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.67% or 1.73 to hit $102.06 a barrel, while the June Brent oil contract fell 1.63% or 1.77 to trade at $106.56 a barrel.

USD/INR was up 0.23% to 76.44, while EUR/INR unchanged 0.00% to 82.61.

The US Dollar Index Futures was up 0.38% at 100.99.

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