Market Update

Investing.com – Indian stocks closed lower on Tuesday, primarily due to losses in the Power, Public Sector Undertakings, and Capital Goods sectors.

At the close on the NSE, the Nifty 50 dropped 1.23% to a new 3-month low, while the BSE Sensex 30 index decreased by 1.16%.

Best Performers of the Nifty 50

• Trent Ltd (NS:TREN): +0.74% or 47.85 points, closed at 6,528.55.
• Infosys Ltd (NS:INFY): +0.47% or 8.70 points, closed at 1,868.80.
• Sun Pharmaceutical Industries Ltd. (NS:SUN): +0.35% or 6.25 points, closed at 1,800.85.

Worst Performers of the Nifty 50

• Britannia Industries Ltd (NS:BRIT): -7.49% or 407.10 points, closed at 5,027.55.
• Bharat Electronics Ltd (NS:BAJE): -3.20% or 9.60 points, closed at 290.15.
• NTPC Ltd (NS:NTPC): -3.12% or 12.25 points, closed at 380.30.

Best Performers on the BSE Sensex 30

• Sun Pharmaceutical Industries Ltd. (BO:SUN): +0.28% to 1,800.00.
• Infosys Ltd (BO:INFY): +0.06% to 1,861.10.
• ICICI Bank Ltd (BO:ICBK): +0.04% to 1,269.60.

Worst Performers on the BSE Sensex 30

• NTPC Ltd (BO:NTPC): -3.06% to 380.45.
• Asian Paints Ltd. (BO:ASPN): -2.79% to 2,471.80.
• HDFC Bank Ltd (BO:HDBK): -2.75% to 1,718.00.

Market Breadth

On the India National Stock Exchange, falling stocks outnumbered advancing stocks by 1918 to 533, with 160 unchanged. On the Bombay Stock Exchange, 2589 declined, 1179 advanced, and 96 remained unchanged.

Shares in Asian Paints Ltd. fell to a 3-year low, declining 2.79% or 70.85 to 2,471.80.

The India VIX, which measures the implied volatility of Nifty 50 options, increased by 3.28% to 14.74.

Commodities Update

• Gold Futures for December delivery: -0.76% or 19.90 to $2,597.80 per troy ounce.
• Crude oil for December delivery: +0.56% or 0.38 to $68.42 per barrel.
• Brent oil for January: +0.52% or 0.37 to $72.20 per barrel.

Currency Update

• USD/INR: -0.03% to 84.39.
• EUR/INR: -0.45% to 89.55.
• US Dollar Index Futures: +0.34% at 105.82.