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India shares lower at close of trade; Nifty 50 down 0.58%

Published 15/05/2019, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.58%
NSEI
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NIFVIX
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BJFN
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EICH
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ITC
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KTKM
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TAMO
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UPLL
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YESB
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ZEE
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BSESN
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BSEAUTO
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BSEMET
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BSEPOWER
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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, Power and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.58%, while the BSE Sensex 30 index declined 0.55%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 4.52% or 130.25 points to trade at 3002.75 at the close. Eicher Motors Ltd. (NS:EICH) added 4.23% or 814.10 points to end at 19997.75 and UPL Ltd (NS:UPLL) was up 1.56% or 14.90 points to 969.50 in late trade.

Biggest losers included Yes Bank Ltd (NS:YESB), which lost 8.66% or 13.50 points to trade at 142.95 in late trade. Tata Motors Ltd (NS:TAMO) declined 7.48% or 13.80 points to end at 169.45 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 6.84% or 23.70 points to 322.35.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 4.11% to 3002.55, ITC Ltd (BO:ITC) which was up 1.05% to settle at 297.10 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 0.68% to close at 1394.25.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 8.01% to 143.65 in late trade, Tata Motors Ltd (BO:TAMO) which lost 8.00% to settle at 169.60 and Tata Motors Ltd DVR (BO:TAMdv) which was down 6.37% to 80.85 at the close.

Declining stocks outnumbered rising ones by 1007 to 591 and 53 ended unchanged; on the Bombay Stock Exchange, 1500 fell and 941 advanced, while 159 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 5.62% to 28.6575 a new 3-year high.

In commodities trading, Gold Futures for June delivery was up 0.20% or 2.55 to $1298.85 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.31% or 0.81 to hit $60.97 a barrel, while the July Brent oil contract fell 0.90% or 0.64 to trade at $70.60 a barrel.

USD/INR was up 0.04% to 70.335, while EUR/INR fell 0.07% to 78.7695.

The US Dollar Index Futures was up 0.02% at 97.338.

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