Title: India stocks lower at close of trade; Nifty 50 down 1.04%

10/29/2021 06:45:18 AM GMT

By: AnalysisWatch

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

On the nearby NSE, the Nifty 50 fell 1.04%, while the BSE Sensex 30 list declined 1.13%.

The best entertainers of the meeting on the Nifty 50 were UltraTech Cement Ltd (NS: ULTC), which rose 2.54% or 189.40 focusing on the exchange at 7636.05 at the close. Meanwhile, Cipla Ltd. (NS: CIPL) rose 2.05% or 18.25 points to end at 910.00, while Dr. Reddy's Laboratories Ltd. (NS: REDY) rose 1.95% or 89.25 points to 4659.20 in late trading.

The most exceedingly awful entertainers of the meeting were Tech Mahindra Ltd (NS:TEML), which fell 3.62% or 55.45 points to trade at 1477.85 at the nearby. NTPC Ltd (NS: NTPC) dropped 3.42% or 4.70 points to 132.65, while Kotak Mahindra Bank Ltd. (NS: KTKM) dropped 3.21% or 67.35 points to 2031.15.

The top entertainers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 2.61% to 7632.75, Dr. Reddy's Laboratories Ltd (BO:REDY) which was up 2.12% to settle at 4670.05 and Maruti Suzuki India Ltd. (BO:MRTI) which acquired 1.49% to close at 7483.40.

The worst performers were Tech Mahindra Ltd (BO:TEML), which dropped 3.53% to 1478.75 in late trading, NTPC Ltd (BO:NTPC), which dropped 3.05% to 133.30, and Kotak Mahindra Bank Ltd. (BO:KTKM), which dropped 2.76% to 2040.00.

Falling stocks dwarfed propelling ones on the India National Stock Exchange by 1005 to 732 and 54 finished unaltered; on the Bombay Stock Exchange, 1719 fell and 1355 progressed, while 142 finished unaltered.

The India VIX, which estimates the suggested unpredictability of Nifty 50 choices, was down 2.72% to 17.4250.