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India stocks lower at close of trade; Nifty 50 down 0.10%

Published 01/02/2016, 09:45 pm
India stocks lower at close of trade; Nifty 50 down 0.10%

Investing.com – India stocks were lower after the close on Monday, as losses in the Banking, Power and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.10%, while the BSE Sensex 30 index fell 0.18%.

The best performers of the session on the Nifty 50 were Adani Ports & Special Economic Zone (NS:APSE), which rose 4.17% or 8.85 points to trade at 221.10 at the close. Meanwhile, Yes Bank Ltd. (NS:YESB) added 3.43% or 25.60 points to end at 772.40 and Coal India Limited (NS:COAL) was up 2.69% or 8.60 points to 328.55 in late trade.

The worst performers of the session were ICICI Bank Ltd . (NS:ICBK), which fell 5.63% or 12.95 points to trade at 217.20 at the close. State Bank Of India (NS:SBI) declined 3.97% or 7.15 points to end at 172.75 and Maruti Suzuki India Ltd. (NS:MRTI) was down 3.60% or 147.60 points to 3948.25.

The top performers on the BSE Sensex 30 were Coal India Limited (BO:COAL) which rose 2.67% to 328.60, Bharti Airtel Ltd (BO:BRTI) which was up 2.35% to settle at 296.50 and Cipla Ltd. (BO:CIPL) which gained 2.07% to close at 597.80.

The worst performers were ICICI Bank Ltd. (BO:ICBK) which was down 5.63% to 217.15 in late trade, State Bank Of India (BO:SBI) which lost 3.92% to settle at 172.90 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 3.68% to 3946.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 797 to 674 and 11 ended unchanged; on the Bombay Stock Exchange, 428 rose and 388 declined, while 7 ended unchanged.

Shares in ICICI Bank Ltd. (NS:ICBK) fell to 52-week lows; losing 5.63% or 12.95 to 217.20. Shares in State Bank Of India (NS:SBI) fell to 52-week lows; losing 3.97% or 7.15 to 172.75. Shares in ICICI Bank Ltd. (BO:ICBK) fell to 52-week lows; falling 5.63% or 12.95 to 217.15. Shares in State Bank Of India (BO:SBI) fell to 52-week lows; down 3.92% or 7.05 to 172.90.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 3.77% to 17.8900.

Gold for February delivery was up 0.62% or 6.90 to $1123.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.44% or 0.48 to hit $33.13 a barrel, while the April Brent oil contract fell 0.57% or 0.20 to trade at $35.78 a barrel.

USD/INR was down 0.05% to 67.856, while EUR/INR rose 0.27% to 73.7140.

The US Dollar Index was down 0.15% at 99.44.

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