India stocks lower at close of trade; Nifty 50 down 0.21%
Dec 08, 2024

Investing.com – India stocks were lower after the close on Monday, as losses in the Fast Moving Consumer Goods , Healthcare and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.21%, while the BSE Sensex 30 index lost 0.23%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS: WIPR ), which rose 2.15% or 6.40 points to trade at 303.75 at the close. Meanwhile, Larsen & Toubro Ltd (NS: LART ) added 2.08% or 80.60 points to end at 3,947.30 and SBI Life Insurance Company Ltd (NS: SBIL ) was up 1.43% or 20.75 points to 1,469.30 in late trade.

The worst performers of the session were Tata Consumer Products Ltd (NS: TACN ), which fell 4.16% or 40.50 points to trade at 933.95 at the close. Hindustan Unilever Ltd. (NS: HLL ) declined 3.34% or 83.05 points to end at 2,400.75 and Tata Motors Ltd (NS: TAMO ) was down 2.21% or 18.05 points to 798.75.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO: WIPR ) which rose 2.74% to 305.40, Larsen & Toubro Ltd (BO: LART ) which was up 2.33% to settle at 3,955.95 and JSW Steel Ltd (BO: JSTL ) which gained 1.04% to close at 1,013.35.

The worst performers were Hindustan Unilever Ltd. (BO: HLL ) which was down 3.26% to 2,403.05 in late trade, Tata Motors Ltd (BO: TAMO ) which lost 2.21% to settle at 798.70 and Axis Bank Ltd. (BO: AXBK ) which was down 1.64% to 1,166.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1363 to 1156 and 141 ended unchanged; on the Bombay Stock Exchange, 2231 rose and 1661 declined, while 165 ended unchanged.

Shares in Wipro Ltd (NS: WIPR ) rose to 52-week highs; up 2.15% or 6.40 to 303.75. Shares in Larsen & Toubro Ltd (NS: LART ) rose to all time highs; rising 2.08% or 80.60 to 3,947.30. Shares in Wipro Ltd (BO: WIPR ) rose to 52-week highs; rising 2.74% or 8.15 to 305.40. Shares in Larsen & Toubro Ltd (BO: LART ) rose to all time highs; rising 2.33% or 90.15 to 3,955.95.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 0.07% to 14.13 a new 1-month low.

Gold Futures for February delivery was up 0.77% or 20.39 to $2,679.99 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.34% or 0.90 to hit $68.10 a barrel, while the February Brent oil contract rose 1.15% or 0.82 to trade at $71.94 a barrel.

USD/INR was up 0.07% to 84.73, while EUR/INR rose 0.01% to 89.66.

The US Dollar Index Futures was down 0.18% at 105.54.