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India shares lower at close of trade; Nifty 50 down 0.20%

Published 31/01/2018, 09:45 pm
India shares lower at close of trade; Nifty 50 down 0.20%
NSEI
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NIFVIX
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CIPL
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REDY
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HDFC
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KTKM
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RELI
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TAMO
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TISC
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TEML
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UPLL
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INUS
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BSESN
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BSESCGIP
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BSESHLIP
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BSEMET
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Healthcare, Fast Moving Consumer Goods and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.20%, while the BSE Sensex 30 index lost 0.19%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 2.19% or 7.55 points to trade at 351.55 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) added 1.93% or 20.95 points to end at 1108.95 and Tech Mahindra Ltd (NS:TEML) was up 1.34% or 8.05 points to 612.65 in late trade.

Biggest losers included Tata Steel Ltd (NS:TISC), which lost 3.93% or 28.90 points to trade at 705.05 in late trade. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 3.56% or 82.15 points to end at 2225.35 and UPL Ltd (NS:UPLL) shed 2.51% or 19.35 points to 752.05.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 1.25% to 961.15, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 1.15% to settle at 1955.55 and Tata Motors Ltd (BO:TAMO) which gained 0.77% to close at 399.25.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 3.75% to 2225.25 in late trade, Tata Steel Ltd (BO:TISC) which lost 3.75% to settle at 705.05 and Cipla Ltd. (BO:CIPL) which was down 3.15% to 587.45 at the close.

Declining stocks outnumbered rising ones by 1030 to 573 and 32 ended unchanged; on the Bombay Stock Exchange, 1705 fell and 1029 advanced, while 147 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 15.9300.

In commodities trading, Gold Futures for February delivery was up 0.46% or 6.20 to $1341.60 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.53% or 0.34 to hit $64.16 a barrel, while the April Brent oil contract fell 0.58% or 0.40 to trade at $68.12 a barrel.

USD/INR was down 0.24% to 63.625, while EUR/INR rose 0.26% to 79.1970.

The US Dollar Index Futures was down 0.26% at 88.79.

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