India Stock Market Report

Investing.com – India stocks were lower after the close on Thursday, led by losses in the Banking, Consumer Durables, and Capital Goods sectors.

At the close in NSE, the Nifty 50 lost 0.98%, while the BSE Sensex 30 index fell 1.17%.

Best Performers

• Dr Reddy’s Laboratories Ltd (NS:REDY): +3.94% (50.20 points) to 1,325.60
• Cipla Ltd. (NS:CIPL): +2.32% (34.15 points) to 1,506.55
• Bharat Petroleum Corp. Ltd. (NS:BPCL): +2.17% (6.25 points) to 294.55

Worst Performers

• Bajaj Finserv Ltd (NS:BJFS): -2.53% (41.20 points) to 1,589.55
• Asian Paints Ltd. (NS:ASPN): -2.29% (53.60 points) to 2,291.85
• JSW Steel Ltd (NS:JSTL): -2.21% (20.90 points) to 925.95

BSE Sensex 30 Best Performers

• Sun Pharmaceutical Industries Ltd. (BO:SUN): +1.32% to 1,824.00
• Power Grid Corporation of India Ltd (BO:PGRD): +0.37% to 322.75
• Hindustan Unilever Ltd. (BO:HLL): +0.11% to 2,360.00

BSE Sensex 30 Worst Performers

• Bajaj Finserv Ltd (BO:BJFS): -2.50% to 1,590.00
• JSW Steel Ltd (BO:JSTL): -2.33% to 925.00
• Bajaj Finance Ltd (BO:BJFN): -2.25% to 6,914.00

Market Overview

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1556 to 943 and 135 ended unchanged; on the Bombay Stock Exchange, 2166 fell and 1640 advanced, while 99 ended unchanged.

Shares in Asian Paints Ltd. (NS:ASPN) fell to 3-year lows; losing 2.29% (53.60) to 2,291.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.86% to 14.64.

Commodity Trading

• Gold Futures for February delivery was down 0.76% (20.06) to $2,633.24 a troy ounce.
• Crude oil for January delivery fell 0.74% (0.52) to hit $70.06 a barrel, while February Brent oil contract rose 0.08% (0.06) to trade at $73.45 a barrel.

Currency Exchange Rates

• USD/INR was down 0.01% to 85.09, while EUR/INR rose 0.80% to 88.59.
• The US Dollar Index Futures was down 0.10% at 107.64.