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India stocks lower at close of trade; Nifty 50 down 0.39% By Investing.com

by Index Investing News
December 22, 2022
in Stock Market
Reading Time: 2 mins read
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© Reuters. India stocks lower at close of trade; Nifty 50 down 0.39%

Investing.com – India stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in NSE, the fell 0.39% to hit a new 1-month low, while the index fell 0.39%.

The best performers of the session on the were UltraTech Cement Ltd (NS:), which rose 0.89% or 61.70 points to trade at 7,012.40 at the close. Meanwhile, SBI Life Insurance Company Ltd (NS:) added 0.84% or 10.40 points to end at 1,244.75 and Infosys Ltd (NS:) was up 0.83% or 12.50 points to 1,522.05 in late trade.

The worst performers of the session were UPL Ltd (NS:), which fell 3.38% or 25.55 points to trade at 729.35 at the close. Mahindra & Mahindra Ltd. (NS:) declined 2.51% or 31.75 points to end at 1,233.95 and Bajaj Finserv Ltd (NS:) was down 2.37% or 37.50 points to 1,544.30.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:) which rose 0.84% to 7,009.30, Infosys Ltd (BO:) which was up 0.75% to settle at 1,521.05 and Asian Paints Ltd. (BO:) which gained 0.65% to close at 3,090.85.

The worst performers were Mahindra & Mahindra Ltd. (BO:) which was down 2.61% to 1,232.90 in late trade, Bajaj Finserv Ltd (BO:) which lost 2.55% to settle at 1,544.40 and IndusInd Bank Ltd. (BO:) which was down 2.26% to 1,174.60 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1657 to 277 and 19 ended unchanged; on the Bombay Stock Exchange, 2695 fell and 732 advanced, while 92 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 2.41% to 15.19.

Gold Futures for February delivery was down 0.09% or 1.65 to $1,823.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.67% or 1.31 to hit $79.60 a barrel, while the February Brent oil contract rose 1.64% or 1.35 to trade at $83.55 a barrel.

USD/INR was down 0.17% to 82.74, while EUR/INR rose 0.13% to 87.99.

The US Dollar Index Futures was down 0.14% at 103.70.



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Tags: CloseIndiaInvestingcomNiftystocksTrade
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