India stocks lower at close of trade; Nifty 50 down 0.78%

This post was originally published on this site

At the close in NSE, the Nifty 50 declined 0.78%, while the BSE Sensex 30 index declined 0.76%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 7.15% or 11.50 points to trade at 172.40 at the close. Meanwhile, Yes Bank Ltd (NS:YESB) added 6.65% or 1.75 points to end at 28.05 and IndusInd Bank Ltd. (NS:INBK) was up 6.58% or 28.00 points to 453.50 in late trade.

The worst performers of the session were NTPC Ltd (NS:NTPC), which fell 4.33% or 4.10 points to trade at 90.60 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 4.25% or 14.60 points to end at 329.20 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was down 4.16% or 3.30 points to 75.95.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 6.58% to 453.65, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 3.45% to settle at 400.75 and Reliance Industries Ltd (BO:RELI) which gained 3.12% to close at 1507.25.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 4.54% to 75.65 in late trade, NTPC Ltd (BO:NTPC) which lost 4.38% to settle at 90.60 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 3.69% to 1199.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 801 to 696 and 95 ended unchanged; on the Bombay Stock Exchange, 1207 fell and 1012 advanced, while 149 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.19% to 39.9300.

Gold Futures for June delivery was up 0.56% or 9.40 to $1697.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 8.88% or 2.13 to hit $26.12 a barrel, while the July Brent oil contract rose 6.43% or 1.91 to trade at $31.63 a barrel.

USD/INR was down 0.34% to 75.823, while EUR/INR fell 0.40% to 81.7905.

The US Dollar Index Futures was up 0.12% at 100.257.