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India shares lower at close of trade; Nifty 50 down 0.15%

Published 25/01/2018, 09:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.15%
NSEI
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ARBN
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COAL
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REDY
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GAIL
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ICBK
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APSE
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UPLL
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Investing.com – India equities were lower at the close on Thursday, as losses in the Public Sector Undertakings, Real Estate and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.15%, while the BSE Sensex 30 index fell 0.31%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd (NS:INBF), which rose 2.74% or 37.35 points to trade at 1394.00 at the close. ICICI Bank Ltd (NS:ICBK) added 2.06% or 7.25 points to end at 360.80 and GAIL Ltd (NS:GAIL) was up 1.31% or 6.35 points to 493.75 in late trade.

Biggest losers included UPL Ltd (NS:UPLL), which lost 6.71% or 55.30 points to trade at 768.95 in late trade. State Bank Of India (NS:SBI) declined 5.08% or 16.75 points to end at 313.15 and Aurobindo Pharma Ltd. (NS:ARBN) shed 2.82% or 18.55 points to 639.70.

The top performers on the BSE Sensex 30 were Gail (India) Ltd. (BO:GAIL) which rose 2.04% to 494.50, ICICI Bank Ltd (BO:ICBK) which was up 1.60% to settle at 358.30 and Coal India Ltd (BO:COAL) which gained 1.56% to close at 299.65.

The worst performers were State Bank Of India (BO:SBI) which was down 4.96% to 313.15 in late trade, Adani Port and Special Economic Zone Ltd (BO:APSE) which lost 2.37% to settle at 437.60 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.26% to 2504.00 at the close.

Declining stocks outnumbered rising ones by 1079 to 519 and 35 ended unchanged; on the Bombay Stock Exchange, 1670 fell and 1112 advanced, while 151 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.95% to 17.5075.

In commodities trading, Gold Futures for February delivery was up 0.21% or 2.80 to $1359.10 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.69% or 0.45 to hit $66.06 a barrel, while the March Brent oil contract rose 0.43% or 0.30 to trade at $70.83 a barrel.

USD/INR was up 0.02% to 63.581, while EUR/INR fell 0.01% to 78.9865.

The US Dollar Index Futures was down 0.15% at 88.89.

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