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

Published 07/12/2016, 09:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.50%
NSEI
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NIFVIX
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AXBK
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BPCL
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BOB
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EICH
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HROM
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HDFC
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APSE
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SBI
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BSEBANK
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Healthcare, Real Estate and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.50%, while the BSE Sensex 30 index lost 0.59%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 4.60% or 1032.50 points to trade at 23490.00 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) added 3.43% or 21.05 points to end at 634.00 and Adani Ports & Special Economic Zone (NS:APSE) was up 2.32% or 6.30 points to 278.20 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd. (NS:SUN), which lost 5.91% or 41.75 points to trade at 664.40 in late trade. Bank Of Baroda (NS:BOB) declined 3.20% or 5.20 points to end at 157.10 and AXIS Bank Ltd. (NS:AXBK) shed 1.96% or 8.95 points to 447.00.

The top performers on the BSE Sensex 30 were Adani Ports & Special Economic Zone (BO:APSE) which rose 1.86% to 277.10, Housing Development Finance Corp. (BO:HDFC) which was up 1.74% to settle at 1265.45 and Hero MotoCorp Limited (BO:HROM) which gained 1.31% to close at 3240.00.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 5.96% to 663.95 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 2.00% to settle at 447.55 and State Bank Of India (BO:SBI) which was down 1.47% to 255.35 at the close.

Declining stocks outnumbered rising ones by 890 to 577 and 67 ended unchanged; on the Bombay Stock Exchange, 1500 fell and 1060 advanced, while 172 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 1.52% to 16.8450.

In commodities trading, Gold for February delivery was up 0.27% or 3.15 to $1173.25 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.31% or 0.16 to hit $51.09 a barrel, while the February Brent oil contract rose 0.37% or 0.20 to trade at $54.13 a barrel.

USD/INR was up 0.01% to 67.746, while EUR/INR rose 0.04% to 72.6400.

The US Dollar Index was up 0.07% at 100.58.

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