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Title: India stocks lower at the close of trade; Nifty 50 down 0.50%




Nov 24, 2021 05:45AM ET


By: AnalysisWatch


Indian stocks were down at the close on Wednesday as losses in the IT, auto, and technology sectors led shares to lower.


At the close on the NSE, the Nifty 50 lost 0.50 percent to hit a fresh 1-month low, while the BSE Sensex 30 index slipped 0.55 percent.


Among the best performers on the Nifty 50 were Adani Ports and Special Economic Zone Ltd, which rose 4.63%, or 33.80 points, to trade at 763.05 points at the close. Meanwhile, Oil and Natural Gas Corporation Ltd gained 4.26% or 6.25 points to close at 152.95, while Coal India Ltd gained 1.86% or 2.90 points to 159.10 in late trade.

Tata Consumer Products Ltd was the worst performer, falling 2.68% or 22.00 points to close at 798.95 in late trade. Maruti Suzuki India Ltd lost 2.39% or 62.25 points to close at 2536.95, while Maruti Suzuki India Ltd fell 2.35% or 184.55 points to 7669.45.


The top gainers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd, up 1.45% at 2012.00, NTPC Ltd, up 1.42% to close at 135.40, and ICICI Bank Ltd, up 1.11% to close at 760.20.


The worst performers were Maruti Suzuki India Ltd which fell 2.62% to 7645.50 in late trade, Infosys Ltd lost 2.01% to close at 1697.50 and ITC Ltd fell 1.60% to 227.90 at the close of trade.


On the Indian National Stock Exchange, rising stocks outweighed falling ones by 1020 to 728, and 45 ended unchanged; on the Bombay Stock Exchange, 1912 stocks rose while 1279 fell and 133 ended unchanged.


The Indian VIX, which measures the implied volatility of Nifty 50 options, fell 5.11% to 17.0950.

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