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India shares lower at close of trade; Nifty 50 down 0.32%

Published 04/06/2020, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.32%
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Investing.com – India equities were lower at the close on Thursday, as losses in the Banking, Capital Goods and Real Estate sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.32%, while the BSE Sensex 30 index fell 0.38%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 7.70% or 7.45 points to trade at 104.15 at the close. Bharti Airtel Ltd. (NS:BRTI) added 5.73% or 31.60 points to end at 583.25 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was up 5.52% or 10.80 points to 206.50 in late trade.

Biggest losers included Asian Paints Ltd. (NS:ASPN), which lost 4.64% or 79.65 points to trade at 1636.90 in late trade. Bajaj Finance Ltd (NS:BJFN) declined 4.04% or 97.45 points to end at 2314.45 and Housing Development Finance Corporation Ltd (NS:HDFC) shed 4.03% or 74.00 points to 1761.65.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 5.62% to 582.70, Tech Mahindra Ltd (BO:TEML) which was up 5.32% to settle at 582.30 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 4.40% to close at 497.00.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was down 4.54% to 1638.30 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 4.10% to settle at 1761.05 and Bajaj Finance Ltd (BO:BJFN) which was down 4.10% to 2314.20 at the close.

Advancing stocks outnumbered falling ones by 823 to 716 and 61 ended unchanged; on the Bombay Stock Exchange, 1241 rose and 1090 declined, while 139 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.17% to 29.6900 a new 1-month low.

In commodities trading, Gold Futures for August delivery was up 0.51% or 8.65 to $1713.45 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.77% or 0.66 to hit $36.63 a barrel, while the August Brent oil contract fell 0.83% or 0.33 to trade at $39.46 a barrel.

USD/INR was up 0.33% to 75.561, while EUR/INR rose 0.05% to 84.6280.

The US Dollar Index Futures was up 0.30% at 97.547.

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