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

  • January 24, 2025

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

At the close in NSE, the Nifty 50 lost 0.50%, while the BSE Sensex 30 index lost 0.43%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NSE: HLL ), which rose 2.51% or 58.30 points to trade at 2,380.00 at the close. Meanwhile, Britannia Industries Ltd (NSE: BRIT ) added 1.79% or 89.90 points to end at 5,102.50 and Eicher Motors Ltd. (NSE: EICH ) was up 1.45% or 74.05 points to 5,190.25 in late trade.

The worst performers of the session were Dr Reddy’s Laboratories Ltd (NSE: REDY ), which fell 4.90% or 63.20 points to trade at 1,226.20 at the close. Trent Ltd (NSE: TREN ) declined 4.09% or 234.60 points to end at 5,499.00 and Mahindra & Mahindra Ltd. (NSE: MAHM ) was down 3.03% or 87.45 points to 2,799.00.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO: HLL ) which rose 2.42% to 2,379.00, ICICI Bank Ltd (BO: ICBK ) which was up 0.99% to settle at 1,214.40 and Tech Mahindra Ltd (BO: TEML ) which gained 0.75% to close at 1,725.70.

The worst performers were Mahindra & Mahindra Ltd. (BO: MAHM ) which was down 2.94% to 2,800.55 in late trade, Zomato Ltd (BO: ZOMT ) which lost 2.88% to settle at 215.50 and Tata Motors Ltd (BO: TAMO ) which was down 2.49% to 733.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1915 to 411 and 40 ended unchanged; on the Bombay Stock Exchange, 2772 fell and 999 advanced, while 117 ended unchanged.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 0.27% to 16.74.

Gold Futures for February delivery was up 0.52% or 14.44 to $2,779.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.40% or 0.30 to hit $74.92 a barrel, while the March Brent oil contract rose 0.38% or 0.30 to trade at $78.59 a barrel.

USD/INR was down 0.28% to 86.18, while EUR/INR rose 0.48% to 90.46.

The US Dollar Index Futures was down 0.51% at 107.31.