India shares decrease at shut of commerce; Nifty 50 down zero.74%

© Reuters. India stocks lower at close of trade; Nifty 50 down 0.74% – India stocks were lower after the close on Friday, as losses in the , and sectors led shares lower.

At the close in NSE, the lost 0.74%, while the index declined 0.75%.

The best performers of the session on the were Britannia Industries Ltd (NS:), which rose 1.06% or 45.85 points to trade at 4,359.05 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:) added 0.98% or 12.25 points to end at 1,264.90 and Reliance Industries Ltd (NS:) was up 0.91% or 22.85 points to 2,536.90 in late trade.

The worst performers of the session were Tata Consultancy Services Ltd. (NS:), which fell 3.01% or 99.55 points to trade at 3,211.55 at the close. JSW Steel Ltd (NS:) declined 2.98% or 22.35 points to end at 728.35 and IndusInd Bank Ltd. (NS:) was down 2.79% or 33.95 points to 1,181.90.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 1.06% to 1,264.95, Reliance Industries Ltd (BO:) which was up 0.94% to settle at 2,537.25 and Nestle India Ltd (BO:) which gained 0.57% to close at 19,872.40.

The worst performers were Tata Consultancy Services Ltd. (BO:) which was down 2.97% to 3,212.00 in late trade, IndusInd Bank Ltd. (BO:) which lost 2.81% to settle at 1,181.80 and Bajaj Finserv Ltd (BO:) which was down 2.63% to 1,429.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1277 to 638 and 57 ended unchanged; on the Bombay Stock Exchange, 1988 fell and 1385 advanced, while 125 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 0.28% to 15.02.

Gold Futures for February delivery was up 0.06% or 1.15 to $1,841.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.75% or 0.55 to hit $74.22 a barrel, while the March Brent oil contract rose 0.65% or 0.51 to trade at $79.20 a barrel.

USD/INR was up 0.23% to 82.76, while EUR/INR rose 0.18% to 87.02.

The US Dollar Index Futures was up 0.33% at 105.17.

Related Articles