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India shares lower at close of trade; Nifty 50 down 0.52%

Published 26/07/2016, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.52%
INFY
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NSEI
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AXBK
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Investing.com – India equities were lower at the close on Tuesday, as losses in the Real Estate, Auto and Healthcare sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.52%, while the BSE Sensex 30 index fell 0.42%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd. (NS:AXBK), which rose 2.92% or 15.70 points to trade at 553.80 at the close. Yes Bank Ltd. (NS:YESB) added 1.47% or 17.40 points to end at 1200.15 and POWER GRID CORPORATION OF INDIA (NS:PGRD) was up 1.45% or 2.45 points to 171.40 in late trade.

Biggest losers included Dr. Reddy's Laboratories Ltd. (NS:REDY), which lost 4.67% or 162.70 points to trade at 3319.65 in late trade. Hindalco Industries Ltd. (NS:HALC) declined 2.63% or 3.55 points to end at 131.65 and ICICI Bank Ltd . (NS:ICBK) shed 2.61% or 7.00 points to 261.65.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 2.85% to 553.65, TATA STEEL LIMITED (BO:TISC) which was up 1.06% to settle at 367.65 and Infosys Ltd (BO:INFY) which gained 0.77% to close at 1088.80.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 4.37% to 3322.85 in late trade, ICICI Bank Ltd. (BO:ICBK) which lost 2.64% to settle at 262.05 and Hindalco Industries Ltd. (BO:HALC) which was down 2.37% to 131.75 at the close.

Declining stocks outnumbered rising ones by 996 to 477 and 59 ended unchanged; on the Bombay Stock Exchange, 1078 fell and 538 advanced, while 59 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 0.62% to 15.6200.

In commodities trading, Gold for December delivery was up 0.03% or 0.45 to $1327.65 a troy ounce. Meanwhile, Crude oil for delivery in September fell 1.00% or 0.43 to hit $42.70 a barrel, while the October Brent oil contract fell 0.64% or 0.29 to trade at $44.84 a barrel.

USD/INR was down 0.22% to 67.260, while EUR/INR fell 0.14% to 74.0220.

The US Dollar Index was down 0.21% at 97.08.

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