🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

India shares lower at close of trade; Nifty 50 down 1.71%

Published 24/04/2020, 08:45 pm
India shares lower at close of trade; Nifty 50 down 1.71%
NSEI
-
NIFVIX
-
AXBK
-
BJFN
-
BRIT
-
HROM
-
INBK
-
RELI
-
SUN
-
ZEE
-
INUS
-
BSESN
-
BSEMET
-
BSEREAL
-
BSEBANK
-

Investing.com – India equities were lower at the close on Friday, as losses in the Real Estate, Banking and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.71%, while the BSE Sensex 30 index fell 1.68%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 4.00% or 54.90 points to trade at 1425.80 at the close. Britannia Industries Ltd (NS:BRIT) added 3.51% or 103.60 points to end at 3051.00 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 1.69% or 8.05 points to 485.50 in late trade.

Biggest losers included Bajaj Finance Ltd (NS:BJFN), which lost 8.70% or 189.05 points to trade at 1983.40 in late trade. Bharti Infratel Ltd (NS:BHRI) declined 7.98% or 13.25 points to end at 152.85 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 7.52% or 11.85 points to 145.70.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.34% to 1417.35, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.67% to settle at 485.25 and Hero MotoCorp Ltd (BO:HROM) which gained 1.38% to close at 1890.00.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 9.14% to 1976.45 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 6.58% to settle at 383.10 and AXIS Bank Ltd. (BO:AXBK) which was down 5.96% to 404.10 at the close.

Declining stocks outnumbered rising ones by 1094 to 423 and 77 ended unchanged; on the Bombay Stock Exchange, 1502 fell and 744 advanced, while 150 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.29% to 39.1175 a new 1-month low.

In commodities trading, Gold Futures for June delivery was up 0.73% or 12.70 to $1758.10 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.12% or 0.02 to hit $16.52 a barrel, while the June Brent oil contract rose 1.03% or 0.22 to trade at $21.55 a barrel.

USD/INR was up 0.58% to 76.331, while EUR/INR rose 0.72% to 82.3650.

The US Dollar Index Futures was down 0.01% at 100.520.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.