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India shares lower at close of trade; Nifty 50 down 2.01%

Published 05/04/2016, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 2.01%
IBN
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NSEI
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BPCL
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HCLT
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HLL
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HDFC
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APSE
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Investing.com – India equities were lower at the close on Tuesday, as losses in the Banking, Auto and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 2.01%, while the BSE Sensex 30 index fell 2.03%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 0.40% or 3.40 points to trade at 843.25 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) added 0.38% or 3.40 points to end at 890.40 and POWER GRID CORPORATION OF INDIA (NS:PGRD) was up 0.32% or 0.45 points to 139.05 in late trade.

Biggest losers included Adani Ports & Special Economic Zone (NS:APSE), which lost 6.72% or 16.30 points to trade at 226.25 in late trade. ICICI Bank Ltd . (NS:ICBK) declined 5.51% or 13.15 points to end at 225.60 and State Bank Of India (NS:SBI) shed 5.32% or 10.35 points to 184.35.

The top performers on the BSE Sensex 30 were Housing Development Finance Corp. (BO:HDFC) which fell 0.07% to 1103.40, Tata Consultancy Services Ltd. (BO:TCS) which was down 0.33% to settle at 2462.65 and Hindustan Unilever Ltd. (BO:HLL) which lost 0.43% to close at 868.25.

The worst performers were ICICI Bank Ltd. (BO:ICBK) which was down 5.45% to 225.50 in late trade, State Bank Of India (BO:SBI) which lost 5.38% to settle at 184.50 and Vedanta Ltd (BO:VDAN) which was down 5.24% to 85.85 at the close.

Declining stocks outnumbered rising ones by 1038 to 377 and 43 ended unchanged; on the Bombay Stock Exchange, 627 fell and 193 advanced, while 18 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 2.18% to 17.8300.

In commodities trading, Gold for June delivery was up 1.12% or 13.60 to $1232.90 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.45% or 0.16 to hit $35.54 a barrel, while the June Brent oil contract fell 0.50% or 0.19 to trade at $37.50 a barrel.

USD/INR was up 0.59% to 66.505, while EUR/INR rose 0.30% to 75.5070.

The US Dollar Index was up 0.17% at 94.75.

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