Title: India stocks lower at close of trade; Nifty 50 down 0.48%

Oct 21, 2021 06:45AM ET

By: AnalysisWatch

India's stocks were lower after the nearby on Thursday, as misfortunes in the IT, innovation, and metals areas drove shares lower.

On the nearby NSE, the Nifty 50 declined 0.48%, while the BSE Sensex 30 lost 0.55%.

Kotak Mahindra Bank Ltd. (NS: KTKM) was the best performer on the Nifty 50, rising 6.37% or 128.30 points to trade at 2143.75 in the nearby. In the interim, Tata Motors Ltd (NS: TAMO) added 4.33% or 21.10 focuses to end at 508.00 and Grasim Industries Ltd (NS: GRAS) was up 3.52% or 59.50 focuses to 1752.00 in late exchange.

Asian Paints Ltd. (NS: ASPN) was the most noticeably bad performer of the meeting, falling 5.29% or 167.60 points to trade at 3002.00 in the nearby. Hindalco Industries Ltd. (NS: HALC) declined 3.74% or 19.20 focuses to end at 493.75 and Reliance Industries Ltd. (NS: RELI) was down 2.88% or 77.90 focuses to 2622.50.

The top entertainers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO: KTKM), which rose 6.51% to 2145.65, Housing Development Finance Corporation Ltd. (BO: HDFC), which was up 1.70% to settle at 2842.90, and ICICI Bank Ltd. (BO: ICBK), which gained 1.52% to close at 756.85.

Falling stocks dwarfed propelling ones on the India National Stock Exchange by 918 to 801 and 50 finished unaltered; on the Bombay Stock Exchange, 1586 fell and 1529 progressed, while 128 finished unaltered.

Kotak Mahindra Bank Ltd. (NS: KTKM) shares arrived at a record-breaking high, rising 6.37%, or 128.30, to 2143.75. Kotak Mahindra Bank Ltd. (BO: KTKM) shares arrived at an unsurpassed high, rising 6.51%, or 131.15 points, to 2145.65. Shares in ICICI Bank Ltd (BO: ICBK) rose to untouched highs, gaining 1.52% or 11.30 to 756.85.