Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

India shares lower at close of trade; Nifty 50 down 1.31%

Published 09/11/2016, 09:45 pm
© Reuters.  India shares lower at close of trade; Nifty 50 down 1.31%
RDY
-
NSEI
-
NIFVIX
-
ABUJ
-
HROM
-
MRTI
-
SBI
-
SUN
-
TCS
-
BSESN
-
BSECD
-
SPBSITIP
-
BSEREAL
-

Investing.com – India equities were lower at the close on Wednesday, as losses in the Real Estate, Consumer Durables and IT sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 1.31% to hit a new 3-month low, while the BSE Sensex 30 index declined 1.23%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy's Laboratories Ltd. (NS:REDY), which rose 5.64% or 175.80 points to trade at 3294.80 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) added 4.82% or 30.60 points to end at 666.00 and State Bank Of India (NS:SBI) was up 3.23% or 8.15 points to 260.80 in late trade.

Biggest losers included Ambuja Cements Ltd. (NS:ABUJ), which lost 5.58% or 13.65 points to trade at 231.00 in late trade. Maruti Suzuki India Ltd. (NS:MRTI) declined 4.57% or 259.00 points to end at 5410.00 and Tata Consultancy Services Ltd. (NS:TCS) shed 4.27% or 97.40 points to 2185.80.

The top performers on the BSE Sensex 30 were Dr. Reddy's Laboratories Ltd. (BO:REDY) which rose 5.04% to 3271.70, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 4.07% to settle at 661.10 and State Bank Of India (BO:SBI) which gained 2.83% to close at 259.75.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 4.93% to 2171.05 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 4.68% to settle at 5396.70 and Hero MotoCorp Limited (BO:HROM) which was down 3.97% to 3235.70 at the close.

Declining stocks outnumbered rising ones by 1273 to 231 and 19 ended unchanged; on the Bombay Stock Exchange, 2120 fell and 588 advanced, while 96 ended unchanged on the India National Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The India Vix, which measures the implied volatility of Nifty 50 options, was down 0.89% to 16.6200.

In commodities trading, Gold for December delivery was up 2.39% or 30.45 to $1304.95 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.18% or 0.08 to hit $45.06 a barrel, while the January Brent oil contract rose 0.26% or 0.12 to trade at $46.16 a barrel.

USD/INR was up 0.43% to 66.490, while EUR/INR rose 1.03% to 73.7870.

The US Dollar Index was down 0.60% at 97.29.

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.