Investing.com – India equities were lower at the close on Friday, as losses in the Power, Oil & Gas and Public Sector Undertakings sectors propelled shares lower.
At the close in NSE, the Nifty 50 fell 1.61% to hit a new 3-month low, while the BSE Sensex 30 index declined 1.45%.
The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 6.34% or 26.55 points to trade at 445.60 at the close. Bajaj Auto Ltd (NS:BAJA) added 6.01% or 223.60 points to end at 3,941.00 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was up 2.65% or 111.50 points to 4,312.45 in late trade.
Biggest losers included Adani Enterprises Ltd (NS:ADEL), which lost 18.52% or 627.50 points to trade at 2,761.45 in late trade. Adani Ports and Special Economic Zone Ltd (NS:APSE) declined 16.29% or 116.20 points to end at 596.95 and State Bank Of India (NS:SBI) shed 5.06% or 28.75 points to 539.95.
The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 2.78% to 4,321.35, ITC Ltd (BO:ITC) which was up 1.77% to settle at 345.65 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 0.71% to close at 1,320.60.
The worst performers were State Bank Of India (BO:SBI) which was down 5.03% to 540.20 in late trade, ICICI Bank Ltd (BO:ICBK) which lost 4.41% to settle at 817.55 and IndusInd Bank Ltd. (BO:INBK) which was down 3.43% to 1,116.60 at the close.
Declining stocks outnumbered rising ones by 1629 to 313 and 31 ended unchanged; on the Bombay Stock Exchange, 2575 fell and 848 advanced, while 96 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 18.18% to 17.32 a new 3-month high.
In commodities trading, Gold Futures for February delivery was down 0.06% or 1.25 to $1,928.75 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.21% or 0.98 to hit $81.99 a barrel, while the March Brent oil contract rose 1.20% or 1.05 to trade at $88.52 a barrel.
USD/INR was up 0.11% to 81.50, while EUR/INR rose 0.13% to 88.77.
The US Dollar Index Futures was down 0.05% at 101.59.