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India shares lower at close of trade; Nifty 50 down 1.05%

Published 18/12/2015, 10:45
India shares lower at close of trade; Nifty 50 down 1.05%

Investing.com – India equities were lower at the close on Friday, as losses in the IT, Technology and Green Energy sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 1.05%, while the BSE Sensex 30 index fell 1.10%.

The biggest gainers of the session on the Nifty 50 were Adani Ports & Special Economic Zone (NS:APSE), which rose 1.52% or 3.90 points to trade at 260.20 at the close. Idea Cellular Ltd (NS:IDEA) added 0.93% or 1.25 points to end at 135.00 and Ambuja Cements Ltd. (NS:ABUJ) was up 0.68% or 1.35 points to 199.50 in late trade.

Biggest losers included Vedanta Ltd (NS:VDAN), which lost 3.27% or 2.85 points to trade at 84.30 in late trade. UltraTech Cement Ltd (NS:ULTC) declined 2.86% or 82.75 points to end at 2815.10 and Bajaj Auto Limited (NS:BAJA) shed 2.43% or 61.55 points to 2469.55.

The top performers on the BSE Sensex 30 were Tata Power Co. Ltd (BO:TTPW) which rose 0.93% to 65.15, NTPC Limited (BO:NTPC) which was up 0.63% to settle at 136.25 and Coal India Limited (BO:COAL) which gained 0.13% to close at 316.55.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 3.21% to 84.35 in late trade, Infosys Ltd (BO:INFY) which lost 1.90% to settle at 1085.95 and State Bank Of India (BO:SBI) which was down 1.88% to 226.65 at the close.

Declining stocks outnumbered rising ones by 805 to 664 and 9 ended unchanged; on the Bombay Stock Exchange, 461 fell and 325 advanced, while 18 ended unchanged on the India National Stock Exchange.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 1.95% to 14.4925.

In commodities trading, Gold for February delivery was up 0.55% or 5.80 to $1055.40 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.13% or 0.04 to hit $34.91 a barrel, while the February Brent oil contract rose 0.59% or 0.22 to trade at $37.28 a barrel.

USD/INR was up 0.03% to 66.425, while EUR/INR fell 0.04% to 71.8800.

The US Dollar Index was down 0.21% at 98.99.

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