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India shares lower at close of trade; Nifty 50 down 0.39%

Published 17/11/2016, 10:45
India shares lower at close of trade; Nifty 50 down 0.39%
TTM
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NSEI
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ABUJ
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BAJA
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BRTI
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GAIL
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HALC
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PGRD
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TCS
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ZEE
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BSESITIP
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BSECRBX
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TAMdv
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Investing.com – India equities were lower at the close on Thursday, as losses in the Technology, IT and Carbon sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.39% to hit a new 3-month low, while the BSE Sensex 30 index fell 0.27%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd . (NS:TAMO), which rose 3.70% or 16.95 points to trade at 475.40 at the close. Hindalco Industries Ltd. (NS:HALC) added 3.56% or 5.80 points to end at 168.60 and Tata Motors DV Ltd (NS:TAMdv) was up 2.17% or 6.35 points to 299.00 in late trade.

Biggest losers included Ambuja Cements Ltd. (NS:ABUJ), which lost 3.78% or 7.65 points to trade at 194.60 in late trade. Bharti Airtel Ltd. (NS:BRTI) declined 3.58% or 11.10 points to end at 298.55 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 2.78% or 13.20 points to 462.10.

The top performers on the BSE Sensex 30 were Tata Motors Ltd. (BO:TAMO) which rose 3.21% to 472.60, POWER GRID CORPORATION OF INDIA (BO:PGRD) which was up 2.66% to settle at 192.95 and Gail (India) Ltd. (BO:GAIL) which gained 1.52% to close at 435.00.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 4.26% to 296.35 in late trade, Bajaj Auto Limited (BO:BAJA) which lost 2.55% to settle at 2544.35 and Tata Consultancy Services Ltd. (BO:TCS) which was down 2.20% to 2142.15 at the close.

Declining stocks outnumbered rising ones by 940 to 545 and 46 ended unchanged; on the Bombay Stock Exchange, 1647 fell and 927 advanced, while 152 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was down 4.06% to 18.7100.

In commodities trading, Gold for December delivery was up 0.42% or 5.10 to $1229.00 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.33% or 0.15 to hit $45.72 a barrel, while the January Brent oil contract rose 0.47% or 0.22 to trade at $46.85 a barrel.

USD/INR was down 0.29% to 67.816, while EUR/INR rose 0.06% to 72.7490.

The US Dollar Index was down 0.27% at 100.11.

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