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India shares mixed at close of trade; Nifty 50 down 0.10%

Published 24/09/2019, 08:45 pm
© Reuters.  India shares mixed at close of trade; Nifty 50 down 0.10%
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Investing.com – India equities were mixed at the close on Tuesday, as gains in the IT, Technology and Fast Moving Consumer Goods sectors propelled shares higher while losses in the Capital Goods, Metals and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.10%, while the BSE Sensex 30 index climbed 0.02%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd (NS:INFY), which rose 3.88% or 29.65 points to trade at 794.05 at the close. Reliance Industries Ltd (NS:RELI) added 3.09% or 38.30 points to end at 1278.70 and Tech Mahindra Ltd (NS:TEML) was up 3.11% or 21.25 points to 703.85 in late trade.

Biggest losers included JSW Steel Ltd (NS:JSTL), which lost 4.19% or 10.20 points to trade at 233.35 in late trade. Eicher Motors Ltd. (NS:EICH) declined 3.84% or 739.35 points to end at 18434.25 and State Bank Of India (NS:SBI) shed 4.06% or 12.75 points to 302.60.

The top performers on the BSE Sensex 30 were Mahindra Lifespace Developers Ltd. (BO:MALD) which rose 2.60% to 408.75, Indiabulls Real Estate Ltd (BO:INRL) which was up 1.69% to settle at 60.10 and The Phoenix Mills Ltd. (BO:PHOE) which gained 0.85% to close at 735.30.

The worst performers were Sobha Developers Ltd. (BO:SOBH) which was down 3.82% to 516.60 in late trade, Prestige Estates Projects Ltd (BO:PREG) which lost 3.18% to settle at 295.15 and Oberoi Realty Ltd (BO:OEBO) which was down 1.69% to 545.50 at the close.

Declining stocks outnumbered rising ones by 887 to 681 and 72 ended unchanged; on the Bombay Stock Exchange, 1309 fell and 1124 advanced, while 140 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.36% to 16.7325.

In commodities trading, Gold Futures for December delivery was down 0.15% or 2.35 to $1529.15 a troy ounce. Meanwhile, Crude oil for delivery in November fell 1.13% or 0.66 to hit $57.98 a barrel, while the November Brent oil contract fell 1.27% or 0.82 to trade at $63.95 a barrel.

USD/INR was up 0.33% to 71.020, while EUR/INR rose 0.31% to 78.0395.

The US Dollar Index Futures was up 0.05% at 98.275.

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