India shares lower at close of trade; Nifty 50 down 0.28%

  • Investing.com
  • Stock Market News
India shares lower at close of trade; Nifty 50 down 0.28%
Credit: © Reuters.

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

At the close in NSE, the Nifty 50 fell 0.28%, while the BSE Sensex 30 index fell 0.29%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS: EICH ), which rose 2.94% or 74.00 points to trade at 2589.65 at the close. UltraTech Cement Ltd (NS: ULTC ) added 2.60% or 192.40 points to end at 7601.45 and Bajaj Finance Ltd (NS: BJFN ) was up 2.09% or 133.90 points to 6544.00 in late trade.

Biggest losers included Hindalco Industries Ltd. (NS: HALC ), which lost 2.21% or 9.65 points to trade at 426.95 in late trade. Kotak Mahindra Bank Ltd. (NS: KTKM ) declined 2.16% or 38.65 points to end at 1749.70 and ICICI Bank Ltd (NS: ICBK ) shed 1.84% or 12.90 points to 688.30.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO: ULTC ) which rose 2.46% to 7592.60, Bajaj Finance Ltd (BO: BJFN ) which was up 2.12% to settle at 6544.45 and Bajaj Finserv Ltd (BO: BJFS ) which gained 1.78% to close at 15011.00.

The worst performers were Kotak Mahindra Bank Ltd. (BO: KTKM ) which was down 2.09% to 1750.65 in late trade, ICICI Bank Ltd (BO: ICBK ) which lost 1.80% to settle at 688.40 and Power Grid Corporation of India Ltd (BO: PGRD ) which was down 1.42% to 180.60 at the close.

Declining stocks outnumbered rising ones by 1169 to 519 and 35 ended unchanged; on the Bombay Stock Exchange, 2012 fell and 1013 advanced, while 103 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 3.78% to 12.9050.

In commodities trading, Gold Futures for December delivery was up 0.05% or 0.85 to $1788.65 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.90% or 0.60 to hit $66.94 a barrel, while the October Brent oil contract rose 1.04% or 0.72 to trade at $69.75 a barrel.

USD/INR was down 0.18% to 74.237, while EUR/INR fell 0.12% to 86.9720.

The US Dollar Index Futures was down 0.04% at 93.108.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles