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India shares lower at close of trade; Nifty 50 down 0.53%

Published 24/07/2019, 08:45 pm
India shares lower at close of trade; Nifty 50 down 0.53%
NSEI
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NIFVIX
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ASPN
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HLL
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HDFC
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INBK
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APSE
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TAMO
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UPLL
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ZEE
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BSESN
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BSEAUTO
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BSEMET
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BSEOIL
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SMMN
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TAMdv
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Metals, Auto and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.53% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.36%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 4.28% or 15.45 points to trade at 379.60 at the close. Asian Paints Ltd. (NS:ASPN) added 3.44% or 49.15 points to end at 1483.40 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 1.94% or 41.40 points to 2184.25 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd (NS:APSE), which lost 5.08% or 20.30 points to trade at 380.80 in late trade. Indiabulls Housing Finance Ltd (NS:INBF) declined 4.50% or 28.85 points to end at 611.70 and UPL Ltd (NS:UPLL) shed 5.45% or 35.15 points to 617.05.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 3.42% to 1477.15, Hindustan Unilever Ltd. (BO:HLL) which was up 2.06% to settle at 1728.00 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 1.84% to close at 2177.00.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 3.87% to 1361.45 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 3.86% to settle at 72.20 and Tata Motors Ltd (BO:TAMO) which was down 3.17% to 151.25 at the close.

Declining stocks outnumbered rising ones by 1124 to 456 and 64 ended unchanged; on the Bombay Stock Exchange, 1557 fell and 802 advanced, while 141 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.97% to 12.7600.

In commodities trading, Gold Futures for August delivery was up 0.31% or 4.45 to $1426.15 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.09% or 0.05 to hit $56.82 a barrel, while the September Brent oil contract fell 0.20% or 0.13 to trade at $63.70 a barrel.

USD/INR was down 0.01% to 69.010, while EUR/INR fell 0.05% to 76.9255.

The US Dollar Index Futures was down 0.05% at 97.373.

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