India stocks lower at close of trade; Nifty 50 down 1.08%

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPED9O0DC_M.jpg

At the close in NSE, the Nifty 50 declined 1.08%, while the BSE Sensex 30 index lost 1.13%.

The best performers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose 2.57% or 6.65 points to trade at 265.25 at the close. Meanwhile, Coal India Ltd (NS:COAL) added 2.33% or 3.00 points to end at 131.95 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 1.97% or 10.25 points to 531.05 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 7.15% or 1548.95 points to trade at 20124.00 at the close. Tata Motors Ltd (NS:TAMO) declined 4.80% or 6.30 points to end at 124.85 and Mahindra & Mahindra Ltd. (NS:MAHM) was down 3.27% or 20.65 points to 610.80.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.15% to 532.00, NTPC Ltd (BO:NTPC) which was up 1.61% to settle at 88.60 and Tata Steel Ltd (BO:TISC) which gained 1.26% to close at 418.45.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 3.29% to 610.50 in late trade, State Bank Of India (BO:SBI) which lost 2.68% to settle at 196.45 and Bajaj Finance Ltd (BO:BJFN) which was down 2.57% to 3330.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1033 to 581 and 75 ended unchanged; on the Bombay Stock Exchange, 1548 fell and 1018 advanced, while 125 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 5.37% to 21.6725.

Gold Futures for December delivery was down 0.76% or 15.00 to $1955.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.52% or 0.22 to hit $42.02 a barrel, while the October Brent oil contract fell 0.44% or 0.20 to trade at $44.76 a barrel.

USD/INR was up 0.13% to 74.906, while EUR/INR rose 0.08% to 88.4420.

The US Dollar Index Futures was down 0.07% at 93.248.