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India stocks lower at close of trade; Nifty 50 down 0.10%

by December 24, 2024
written by December 24, 2024

Investing.com – India stocks were lower after the close on Tuesday, as losses in the Fast Moving Consumer Goods, Metals and Healthcare sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.10%, while the BSE Sensex 30 index declined 0.11%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 1.92% or 13.90 points to trade at 736.10 at the close. Meanwhile, Adani Enterprises Ltd (NS:ADEL) added 1.43% or 33.50 points to end at 2,372.45 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 1.00% or 2.90 points to 292.00 in late trade.

The worst performers of the session were Power Grid Corporation of India Ltd (NS:PGRD), which fell 1.65% or 5.20 points to trade at 310.10 at the close. JSW Steel Ltd (NS:JSTL) declined 1.62% or 15.20 points to end at 921.85 and SBI Life Insurance Company Ltd (NS:SBIL) was down 1.30% or 18.30 points to 1,387.00.

The top performers on the BSE Sensex 30 were Tata Motors Ltd (BO:TAMO) which rose 1.79% to 735.45, ITC Ltd (BO:ITC) which was up 0.88% to settle at 478.35 and Nestle India Ltd (BO:NEST) which gained 0.78% to close at 2,168.55.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.79% to 309.60 in late trade, JSW Steel Ltd (BO:JSTL) which lost 1.44% to settle at 923.20 and State Bank Of India (BO:SBI) which was down 1.09% to 812.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1285 to 1201 and 155 ended unchanged; on the Bombay Stock Exchange, 1913 fell and 1906 advanced, while 92 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.83% to 13.14.

Gold Futures for February delivery was up 0.05% or 1.26 to $2,629.46 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.84% or 0.58 to hit $69.82 a barrel, while the March Brent oil contract rose 0.79% or 0.57 to trade at $72.89 a barrel.

USD/INR was up 0.10% to 85.19, while EUR/INR fell 0.03% to 88.51.

The US Dollar Index Futures was up 0.14% at 107.96.

This post appeared first on investing.com
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