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India shares lower at close of trade; Nifty 50 down 0.76%

Published 14/06/2019, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.76%
NSEI
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Investing.com – India equities were lower at the close on Friday, as losses in the Real Estate, Banking and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.76%, while the BSE Sensex 30 index declined 0.73%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 1.53% or 4.15 points to trade at 275.05 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) added 0.50% or 1.95 points to end at 392.55 and Vedanta Ltd (NS:VDAN) was up 0.18% or 0.30 points to 169.55 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd. (NS:ZEE), which lost 4.50% or 15.85 points to trade at 336.50 in late trade. IndusInd Bank Ltd. (NS:INBK) declined 4.59% or 68.35 points to end at 1426.80 and Indiabulls Housing Finance Ltd (NS:INBF) shed 4.53% or 31.45 points to 672.25.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 0.80% to 1529.15, Vedanta Ltd (BO:VDAN) which was up 0.74% to settle at 169.60 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 0.58% to close at 392.35.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 4.36% to 1425.10 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 2.78% to settle at 80.50 and Bharti Airtel Ltd (BO:BRTI) which was down 2.74% to 353.30 at the close.

Declining stocks outnumbered rising ones by 1144 to 434 and 69 ended unchanged; on the Bombay Stock Exchange, 1671 fell and 754 advanced, while 140 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.72% to 13.8950.

In commodities trading, Gold Futures for August delivery was up 1.08% or 14.45 to $1358.15 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.36% or 0.19 to hit $52.09 a barrel, while the August Brent oil contract fell 0.13% or 0.08 to trade at $61.23 a barrel.

USD/INR was up 0.29% to 69.733, while EUR/INR rose 0.26% to 78.5785.

The US Dollar Index Futures was up 0.08% at 97.078.

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