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India shares lower at close of trade; Nifty 50 down 0.13%

Published 11/05/2020, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.13%
NSEI
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NIFVIX
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BAJA
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BPCL
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REDY
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HROM
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HLL
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ICBK
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KTKM
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MRTI
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TAMO
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INUS
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BSESN
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BSESCGIP
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BSEPOWER
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BSEBANK
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Investing.com – India equities were lower at the close on Monday, as losses in the Banking, Power and Fast Moving Consumer Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.13%, while the BSE Sensex 30 index declined 0.26%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd (NS:HROM), which rose 6.09% or 119.50 points to trade at 2082.10 at the close. Tata Motors Ltd (NS:TAMO) added 5.92% or 4.80 points to end at 85.85 and Bharti Infratel Ltd (NS:BHRI) was up 5.91% or 10.30 points to 184.55 in late trade.

Biggest losers included ICICI Bank Ltd (NS:ICBK), which lost 4.62% or 15.60 points to trade at 322.10 in late trade. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 3.16% or 10.25 points to end at 314.50 and Dr. Reddy’s Laboratories Ltd (NS:REDY) shed 2.96% or 118.00 points to 3866.00.

The top performers on the BSE Sensex 30 were Hero MotoCorp Ltd (BO:HROM) which rose 6.29% to 2085.85, Maruti Suzuki India Ltd. (BO:MRTI) which was up 5.89% to settle at 4931.95 and Bajaj Auto Ltd (BO:BAJA) which gained 5.79% to close at 2556.30.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 5.23% to 320.10 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 2.60% to settle at 1187.00 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.84% to 2049.85 at the close.

Declining stocks outnumbered rising ones by 761 to 745 and 102 ended unchanged; on the Bombay Stock Exchange, 1232 fell and 1043 advanced, while 183 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.96% to 38.0375.

In commodities trading, Gold Futures for June delivery was down 0.82% or 14.10 to $1699.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.94% or 0.48 to hit $24.26 a barrel, while the July Brent oil contract fell 2.39% or 0.74 to trade at $30.23 a barrel.

USD/INR was up 0.34% to 75.767, while EUR/INR rose 0.13% to 82.0030.

The US Dollar Index Futures was up 0.34% at 100.108.

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