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Title: India stocks lower at close of trade; Nifty 50 down 0.25%

Writer's picture: analysiswatchanalysiswatch

Feb 04, 2022 05:45AM ET


By: AnalysisWatch


Indian stocks fell after the close on Friday as losses in real estate, autos and public sectors led to a decline in equities.


At the close on the NSE, the Nifty 50 index was down 0.25 percent, while the BSE Sensex 30 index was down 0.24 percent.


The best performing stock of the session on the Nifty 50 was Hindalco Industries Ltd, which rose 2.45%, or 12.55 points, to trade at 525.20 points at the close. Meanwhile, Oil and Natural Gas Corporation Ltd. rose 1.28 percent, or 2.15 points, to 169.65 points, while Sun Pharmaceutical Industries Ltd. rose 1.18 percent, or 10.40 points, to 893.95 points.


The worst performer of the session was Hero MotoCorp Ltd, which fell 2.15%, 59.75 points, to trade at 2721.75 points at the close. State Bank of India closed down 1.81%, or 9.80 points, at 530.30 points, and NTPC Ltd fell 1.79%, or 2.45 points, at 134.20 points.

On the BSE Sensex 30, Sun Pharmaceutical Industries Ltd rose 1.21% to 894.05 points, Asian Paints Ltd closed up 1.06% to 3236.70 points and Tata Steel Ltd closed up 0.90% to 1176.15 points.


The worst performers were State Bank of India, which fell 1.83% to 530.20 in late trading, Mahindra & Mahindra Ltd, which lost 1.73% to 841.25, and NTPC Ltd, which lost 1.72% to 134.25 at the close.


On the National Stock Exchange of India, the number of shares that fell exceeded the number of shares that rose, falling from 1,054 to 745, with 38 shares closing unchanged; on the Bombay Stock Exchange, 1,679 shares fell and 1,560 rose, with 90 shares closing unchanged.


Sun Pharmaceutical Industries Ltd shares reached a 5-year high, rising 1.18 percent to Rs. 893.95.Sun Pharmaceutical Industries Ltd. shares reached a 5-year high, rising 1.21 percent to Rs 10.65 per share, or Rs 894.05.

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