India stocks lower at close of trade; Nifty 50 down 1.32%

This post was originally published on this site

At the close in NSE, the Nifty 50 lost 1.32% to hit a new 1-month low, while the BSE Sensex 30 index fell 1.26%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 6.14% or 49.30 points to trade at 851.90 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 4.26% or 24.05 points to end at 588.40 and ICICI Bank Ltd (NS:ICBK) was up 2.03% or 10.70 points to 538.95 in late trade.

The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 5.30% or 258.25 points to trade at 4613.55 at the close. Maruti Suzuki India Ltd. (NS:MRTI) declined 4.83% or 366.50 points to end at 7222.00 and Hero MotoCorp Ltd (NS:HROM) was down 3.69% or 125.40 points to 3272.00.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 5.97% to 850.55, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 3.91% to settle at 586.45 and ICICI Bank Ltd (BO:ICBK) which gained 2.05% to close at 539.00.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 5.56% to 4605.00 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 4.99% to settle at 7207.95 and Bharti Airtel Ltd (BO:BRTI) which was down 3.33% to 552.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 877 to 740 and 65 ended unchanged; on the Bombay Stock Exchange, 1444 fell and 1338 advanced, while 147 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.33% to 25.3425 a new 6-months high.

Gold Futures for April delivery was up 0.93% or 17.10 to $1858.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.36% or 0.19 to hit $52.53 a barrel, while the April Brent oil contract rose 0.69% or 0.38 to trade at $55.48 a barrel.

USD/INR was up 0.00% to 72.932, while EUR/INR fell 0.01% to 88.3895.

The US Dollar Index Futures was up 0.24% at 90.642.

Add Comment