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India shares lower at close of trade; Nifty 50 down 1.27%

Published 17/03/2021, 09:45 pm
India shares lower at close of trade; Nifty 50 down 1.27%
NSEI
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NIFVIX
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BPCL
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HDFC
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INFY
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ITC
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ONGC
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SBI
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SUN
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TCS
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TAMO
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BSESN
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BSEOIL
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BSEPOWER
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BSEPSU
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Oil & Gas, Public Sector Undertakings and Power sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.27%, while the BSE Sensex 30 index lost 1.12%.

The biggest gainers of the session on the Nifty 50 were ITC Ltd (NS:ITC), which rose 1.32% or 2.75 points to trade at 210.60 at the close. Infosys Ltd (NS:INFY) added 0.22% or 3.00 points to end at 1387.00 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 0.21% or 5.15 points to 2515.55 in late trade.

Biggest losers included Oil And Natural Gas Corporation Ltd (NS:ONGC), which lost 5.00% or 5.75 points to trade at 109.35 in late trade. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 4.80% or 21.80 points to end at 432.05 and Tata Motors Ltd (NS:TAMO) shed 4.42% or 14.15 points to 305.80.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 1.20% to 210.55, Infosys Ltd (BO:INFY) which was up 0.23% to settle at 1387.50 and Tata Consultancy Services Ltd. (BO:TCS) which gained 0.13% to close at 3112.70.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 4.95% to 109.40 in late trade, Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 3.12% to settle at 583.25 and State Bank Of India (BO:SBI) which was down 3.08% to 366.80 at the close.

Declining stocks outnumbered rising ones by 1383 to 293 and 47 ended unchanged; on the Bombay Stock Exchange, 2077 fell and 804 advanced, while 132 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.16% to 20.1575 a new 1-month low.

In commodities trading, Gold Futures for April delivery was up 0.21% or 3.65 to $1734.55 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.66% or 0.43 to hit $64.37 a barrel, while the May Brent oil contract fell 0.94% or 0.64 to trade at $67.75 a barrel.

USD/INR was up 0.00% to 72.512, while EUR/INR rose 0.12% to 86.3910.

The US Dollar Index Futures was down 0.04% at 91.847.

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