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

Published 17/09/2020, 08:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.76%
NSEI
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NIFVIX
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BJFS
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REDY
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HCLT
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HALC
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INFY
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LART
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MRTI
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PGRD
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SHCM
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TAMO
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ZEE
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BSESN
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BSEMET
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BSEREAL
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BSEBANK
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Investing.com – India equities were lower at the close on Thursday, as losses in the Real Estate, Metals and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.76%, while the BSE Sensex 30 index fell 0.82%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 4.26% or 197.10 points to trade at 4825.00 at the close. Zee Entertainment Enterprises Ltd. (NS:ZEE) added 2.36% or 5.10 points to end at 220.95 and HCL Technologies Ltd (NS:HCLT) was up 2.16% or 17.05 points to 806.30 in late trade.

Biggest losers included Hindalco Industries Ltd. (NS:HALC), which lost 4.35% or 8.00 points to trade at 175.80 in late trade. Tata Motors Ltd (NS:TAMO) declined 2.44% or 3.70 points to end at 147.75 and Shree Cements Ltd. (NS:SHCM) shed 2.34% or 477.85 points to 19910.00.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 2.10% to 805.95, Infosys Ltd (BO:INFY) which was up 1.09% to settle at 1012.00 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 0.77% to close at 7109.00.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 2.22% to 6007.00 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 1.92% to settle at 168.60 and Larsen & Toubro Ltd (BO:LART) which was down 1.70% to 906.30 at the close.

Declining stocks outnumbered rising ones by 1011 to 602 and 79 ended unchanged; on the Bombay Stock Exchange, 1519 fell and 1109 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 2.24% to 20.1000.

In commodities trading, Gold Futures for December delivery was down 1.10% or 21.65 to $1948.85 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.02% or 0.01 to hit $40.17 a barrel, while the November Brent oil contract rose 0.05% or 0.02 to trade at $42.24 a barrel.

USD/INR was up 0.12% to 73.617, while EUR/INR fell 0.06% to 86.8195.

The US Dollar Index Futures was up 0.12% at 93.237.

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