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India shares lower at close of trade; Nifty 50 down 1.03%

Published 20/01/2020, 09:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 1.03%
NSEI
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NIFVIX
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BRTI
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GAIL
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IOC
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ITC
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KTKM
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ONGC
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PGRD
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ZEE
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INUS
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Investing.com – India equities were lower at the close on Monday, as losses in the Banking, Oil & Gas and Carbon sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.03%, while the BSE Sensex 30 index lost 0.99%.

The biggest gainers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD), which rose 3.82% or 7.55 points to trade at 204.95 at the close. Bharti Infratel Ltd (NS:BHRI) added 2.70% or 5.90 points to end at 224.15 and GAIL Ltd (NS:GAIL) was up 1.78% or 2.25 points to 128.60 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd. (NS:KTKM), which lost 4.66% or 79.10 points to trade at 1619.00 in late trade. Indian Oil Corporation Ltd (NS:IOC) declined 3.71% or 4.55 points to end at 118.10 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 3.48% or 9.80 points to 271.90.

The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:PGRD) which rose 3.75% to 204.80, Bharti Airtel Ltd (BO:BRTI) which was up 1.85% to settle at 509.25 and ITC Ltd (BO:ITC) which gained 0.85% to close at 241.90.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 4.70% to 1618.05 in late trade, Reliance Industries Ltd (BO:RELI) which lost 3.08% to settle at 1532.00 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 2.39% to 122.35 at the close.

Declining stocks outnumbered rising ones by 1040 to 510 and 93 ended unchanged; on the Bombay Stock Exchange, 1515 fell and 893 advanced, while 170 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.08% to 15.4100.

In commodities trading, Gold Futures for February delivery was down 0.04% or 0.55 to $1559.75 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.38% or 0.22 to hit $58.80 a barrel, while the March Brent oil contract rose 0.54% or 0.35 to trade at $65.20 a barrel.

USD/INR was up 0.08% to 71.132, while EUR/INR rose 0.02% to 78.8540.

The US Dollar Index Futures was up 0.09% at 97.445.

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