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India shares lower at close of trade; Nifty 50 down 0.27%

Published 16/12/2019, 09:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.27%
NSEI
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GRAS
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HCLT
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HLL
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ITC
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TISC
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TEML
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Investing.com – India equities were lower at the close on Monday, as losses in the Metals, Fast Moving Consumer Goods and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.27%, while the BSE Sensex 30 index declined 0.17%.

The biggest gainers of the session on the Nifty 50 were Tata Consultancy Services Ltd. (NS:TCS), which rose 2.84% or 58.75 points to trade at 2126.75 at the close. HCL Technologies Ltd (NS:HCLT) added 1.66% or 9.00 points to end at 552.20 and Tech Mahindra Ltd (NS:TEML) was up 1.66% or 12.65 points to 773.30 in late trade.

Biggest losers included Grasim Industries Ltd (NS:GRAS), which lost 2.37% or 18.55 points to trade at 763.10 in late trade. Adani Port and Special Economic Zone Ltd (NS:APSE) declined 2.29% or 8.65 points to end at 368.35 and ITC Ltd (NS:ITC) shed 1.92% or 4.65 points to 236.90.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 2.70% to 2127.55, HCL Technologies Ltd (BO:HCLT) which was up 1.65% to settle at 552.30 and Tech Mahindra Ltd (BO:TEML) which gained 1.60% to close at 773.55.

The worst performers were ITC Ltd (BO:ITC) which was down 1.97% to 236.90 in late trade, Tata Steel Ltd (BO:TISC) which lost 1.80% to settle at 421.05 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.57% to 1973.90 at the close.

Declining stocks outnumbered rising ones by 896 to 680 and 73 ended unchanged; on the Bombay Stock Exchange, 1287 fell and 1083 advanced, while 206 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.86% to 13.4150.

In commodities trading, Gold Futures for February delivery was up 0.04% or 0.55 to $1481.75 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.05% or 0.03 to hit $60.01 a barrel, while the February Brent oil contract rose 0.18% or 0.12 to trade at $65.34 a barrel.

USD/INR was up 0.30% to 71.005, while EUR/INR rose 0.43% to 79.1000.

The US Dollar Index Futures was down 0.18% at 96.575.

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