• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

India stocks lower at close of trade; Nifty 50 down 0.89%

by October 17, 2024
written by October 17, 2024

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

At the close in NSE, the Nifty 50 fell 0.89% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.61%.

The best performers of the session on the Nifty 50 were Infosys Ltd (NS:INFY), which rose 2.50% or 48.00 points to trade at 1,968.10 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.33% or 38.70 points to end at 1,699.00 and Power Grid Corporation of India Ltd (NS:PGRD) was up 1.21% or 3.95 points to 331.15 in late trade.

The worst performers of the session were Bajaj Auto Ltd (NS:BAJA), which fell 12.89% or 1,497.50 points to trade at 10,119.45 at the close. Shriram Finance Ltd. (NS:SHMF) declined 3.89% or 131.80 points to end at 3,258.60 and Nestle India Ltd (NS:NEST) was down 3.39% or 83.55 points to 2,378.70.

The top performers on the BSE Sensex 30 were Tech Mahindra Ltd (BO:TEML) which rose 2.95% to 1,709.00, Infosys Ltd (BO:INFY) which was up 2.77% to settle at 1,973.05 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.30% to close at 331.35.

The worst performers were Nestle India Ltd (BO:NEST) which was down 3.45% to 2,377.30 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 3.34% to settle at 2,963.00 and UltraTech Cement Ltd (BO:ULTC) which was down 2.45% to 11,047.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1939 to 520 and 98 ended unchanged; on the Bombay Stock Exchange, 2569 fell and 1211 advanced, while 99 ended unchanged.

Shares in Infosys Ltd (NS:INFY) rose to all time highs; up 2.50% or 48.00 to 1,968.10. Shares in Tech Mahindra Ltd (NS:TEML) rose to 52-week highs; up 2.33% or 38.70 to 1,699.00. Shares in Tech Mahindra Ltd (BO:TEML) rose to 52-week highs; up 2.95% or 49.05 to 1,709.00. Shares in Infosys Ltd (BO:INFY) rose to all time highs; rising 2.77% or 53.15 to 1,973.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.87% to 13.43.

Gold Futures for December delivery was up 0.41% or 11.05 to $2,702.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.18% or 0.13 to hit $70.52 a barrel, while the December Brent oil contract rose 0.18% or 0.13 to trade at $74.35 a barrel.

USD/INR was up 0.02% to 84.07, while EUR/INR rose 0.03% to 91.31.

The US Dollar Index Futures was down 0.05% at 103.35.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
WNS Holdings stock drops 4% as FY guidance disappoints despite strong Q2
next post
Daiwa downgrades Uber to Neutral on robotaxi risks, limited stock upside

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems

      October 13, 2025
    • China outlines more controls on exports of rare earths and technology

      October 10, 2025
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (652)
    • Stock (6,426)

    Latest News

    • UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems
    • China outlines more controls on exports of rare earths and technology

    Popular News

    • Australia stocks lower at close of trade; S&P/ASX 200 down 0.87%
    • Singapore Post fires CEO over handling of whistleblower report

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy