India Stock Market Overview

Investing.com – India stocks were lower after the close on Friday, as losses in the Real Estate, Power, and Capital Goods sectors led shares lower.

At the close in NSE, the Nifty 50 fell 1.35%, while the BSE Sensex 30 index lost 1.28%.

Best Performers

The best performers of the session on the Nifty 50 were:
– Dr Reddy’s Laboratories Ltd (NS:REDY): rose 1.36% or 18.05 points to trade at 1,343.65.
– Nestle India Ltd (NS:NEST): added 0.14% or 3.10 points to end at 2,163.50.
– ICICI Bank Ltd (NS:ICBK): up 0.12% or 1.50 points to 1,288.40 in late trade.

Worst Performers

The worst performers of the session were:
– Tech Mahindra Ltd (NS:TEML): fell 3.89% or 68.30 points to trade at 1,686.05.
– Trent Ltd (NS:TREN): declined 3.67% or 260.45 points to end at 6,831.55.
– IndusInd Bank Ltd. (NS:INBK): down 3.62% or 34.95 points to 929.45.

BSE Sensex 30

The top performers on the BSE Sensex 30 were:
– JSW Steel Ltd (BO:JSTL): rose 0.52% to 930.25.
– Nestle India Ltd (BO:NEST): up 0.25% to settle at 2,166.60.
– ICICI Bank Ltd (BO:ICBK): gained 0.13% to close at 1,288.90.

The worst performers were:
– Tech Mahindra Ltd (BO:TEML): down 3.92% to 1,686.15.
– IndusInd Bank Ltd. (BO:INBK): lost 3.43% to settle at 931.00.
– Axis Bank Ltd. (BO:AXBK): down 3.36% to 1,071.25.

Market Statistics

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 2174 to 357 and 101 ended unchanged; on the Bombay Stock Exchange, 2792 fell and 1014 advanced, while 95 ended unchanged.

Shares in IndusInd Bank Ltd. (NS:INBK) fell to 52-week lows, losing 3.62% or 34.95 points to 929.45.

Shares in IndusInd Bank Ltd. (BO:INBK) also fell to 52-week lows, down 3.43% or 33.05 points to 931.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.88% to 15.07.

Commodities Trading

• Gold Futures for February delivery was up 0.47% or 12.19 to $2,620.29 a troy ounce.
• Crude oil for delivery in January fell 2.71% or 1.91 to hit $68.67 a barrel.
• The February Brent oil contract fell 0.95% or 0.69 to trade at $72.19 a barrel.

Currency Exchange

• USD/INR was down 0.10% to 85.02.
• EUR/INR rose 0.14% to 88.33.

The US Dollar Index Futures was down 0.23% at 107.90.