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India shares lower at close of trade; Nifty 50 down 0.60%

Published 04/11/2016, 09:45 pm
India shares lower at close of trade; Nifty 50 down 0.60%
WIT
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RDY
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NSEI
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NIFVIX
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HCLT
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ITC
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LUPN
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MAHM
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SUN
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INUS
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BSESN
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BSESHLIP
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BSEMET
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BSEREAL
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TAMdv
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Investing.com – India equities were lower at the close on Friday, as losses in the Healthcare, Real Estate and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.60% to hit a new 3-month low, while the BSE Sensex 30 index fell 0.57%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 3.92% or 29.90 points to trade at 793.00 at the close. ITC Ltd (NS:ITC) added 3.14% or 7.55 points to end at 247.85 and Tata Motors DV Ltd (NS:TAMdv) was up 1.25% or 4.15 points to 336.00 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd. (NS:SUN), which lost 7.08% or 49.85 points to trade at 653.80 in late trade. Dr. Reddy's Laboratories Ltd. (NS:REDY) declined 5.22% or 170.35 points to end at 3092.00 and Bharti Infratel Limited (NS:BHRI) shed 4.57% or 17.400 points to 363.500.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 3.64% to 249.10, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.02% to settle at 1372.45 and Wipro Ltd. (BO:WIPR) which gained 0.91% to close at 452.45.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 7.41% to 652.75 in late trade, Dr. Reddy's Laboratories Ltd. (BO:REDY) which lost 5.67% to settle at 3077.20 and Lupin Ltd (BO:LUPN) which was down 3.57% to 1420.90 at the close.

Declining stocks outnumbered rising ones by 1340 to 174 and 31 ended unchanged; on the Bombay Stock Exchange, 2187 fell and 654 advanced, while 112 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 2.32% to 16.8475 a new 1-month high.

In commodities trading, Gold for December delivery was down 0.06% or 0.75 to $1302.55 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.16% or 0.07 to hit $44.59 a barrel, while the January Brent oil contract fell 0.45% or 0.21 to trade at $46.14 a barrel.

USD/INR was up 0.09% to 66.755, while EUR/INR rose 0.02% to 74.0670.

The US Dollar Index was up 0.03% at 97.22.

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