India stocks lower at close of trade; Nifty 50 down 0.13%
Nov 09, 2021 05:45AM ET
India's stocks were lower after the close on Tuesday, as misfortunes in the metals, consumer durables, and banking areas drove shares lower.
On the nearby NSE, the Nifty 50 fell 0.13%, while the BSE Sensex 30 list fell 0.19%.
Mahindra and Mahindra Ltd. (NS: MAHM) was the best performer on the Nifty 50, rising 3.80%, or 32.65 points, to trade at 892.15 at the close. In the meantime, Tata Motors Ltd (NS: TAMO) rose 1.65% or 8.25 points to 509.65, while Hero MotoCorp Ltd (NS: HROM) rose 1.27% or 34.10 points to 2717.00 in late trading.
The top entertainers on the BSE Sensex 30 were Mahindra and Mahindra Ltd. (BO: MAHM), which rose 3.92% to 892.90, Larsen and Toubro Ltd. (BO: LART), which was up 1.18% to settle at 1946.85, and State Bank of India (BO: SBI), which gained 1.16% to close at 529.20.
HDFC Bank Ltd. (BO: HDBK), which fell 1.82% to 1571.15 in late exchange, Housing Development Finance Corporation Ltd. (BO: HDFC), which fell 1.44% to 2935.45 in the nearby, and Maruti Suzuki India Ltd. (BO: MRTI), which fell 1.42% to 7577.05 in the nearby, were the worst performers.
Rising stocks dwarfed declining ones on the Indian National Stock Exchange by 1077 to 666, and 66 finished unaltered; on the Bombay Stock Exchange, 1949 rose and 1263 declined, while 169 finished unaltered.
Shares of Tata Motors Ltd (NS: TAMO) reached a three-year high, rising 1.65%, or $8.25, to 509.65. Larsen and Toubro Ltd (BO:LART) shares reached an all-time high, gaining 1.18%, or 22.75 cents, to 1946.85 cents.
The India VIX, which estimates the inferred unpredictability of Nifty 50 choices, was down 2.07% to 16.0025.
USD/INR was up 0.20% to 74.049, while EUR/INR rose 0.26% to 85.8520.