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India shares lower at close of trade; Nifty 50 down 0.54%

Published 04/09/2018, 08:45 pm
India shares lower at close of trade; Nifty 50 down 0.54%
NSEI
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NIFVIX
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ASPN
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GRAS
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HCLT
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INFY
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APSE
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SBI
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TCS
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TEML
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ULTC
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WIPR
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BSESN
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BSECD
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BSEREAL
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BSEPSU
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Investing.com – India equities were lower at the close on Tuesday, as losses in the Consumer Durables, Public Sector Undertakings and Real Estate sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.54%, while the BSE Sensex 30 index fell 0.40%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd (NS:INFY), which rose 2.21% or 15.87 points to trade at 737.15 at the close. HCL Technologies Ltd (NS:HCLT) added 2.56% or 26.85 points to end at 1076.35 and Tech Mahindra Ltd (NS:TEML) was up 2.73% or 20.35 points to 763.90 in late trade.

Biggest losers included Grasim Industries Ltd (NS:GRAS), which lost 4.09% or 43.55 points to trade at 1023.15 in late trade. UltraTech Cement Ltd (NS:ULTC) declined 3.72% or 162.55 points to end at 4201.15 and Asian Paints Ltd. (NS:ASPN) shed 3.57% or 48.60 points to 1311.30.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 2.64% to 735.65, Tata Consultancy Services Ltd. (BO:TCS) which was up 1.86% to settle at 2093.20 and Wipro Ltd (BO:WIPR) which gained 1.42% to close at 313.55.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was down 3.49% to 1312.05 in late trade, State Bank Of India (BO:SBI) which lost 3.20% to settle at 296.60 and Adani Port and Special Economic Zone Ltd (BO:APSE) which was down 2.95% to 373.30 at the close.

Declining stocks outnumbered rising ones by 1298 to 339 and 36 ended unchanged; on the Bombay Stock Exchange, 1939 fell and 727 advanced, while 128 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.91% to 13.7825 a new 1-month high.

In commodities trading, Gold Futures for December delivery was down 0.59% or 7.10 to $1199.60 a troy ounce. Meanwhile, Crude oil for delivery in October rose 2.03% or 1.42 to hit $71.22 a barrel, while the November Brent oil contract rose 1.73% or 1.35 to trade at $79.50 a barrel.

USD/INR was up 0.49% to 71.520, while EUR/INR fell 0.14% to 82.6145.

The US Dollar Index Futures was up 0.48% at 95.53.

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