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India shares lower at close of trade; Nifty 50 down 1.01%

Published 18/05/2017, 11:45
India shares lower at close of trade; Nifty 50 down 1.01%
INFY
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TTM
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WIT
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RDY
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NSEI
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NIFVIX
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AXBK
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BOSH
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GRAS
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TCS
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YESB
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BSESN
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BSEMET
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BSEPOWER
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BSEREAL
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Investing.com – India equities were lower at the close on Thursday, as losses in the Real Estate, Metals and Power sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 1.01%, while the BSE Sensex 30 index declined 0.73%.

The biggest gainers of the session on the Nifty 50 were Tata Consultancy Services Ltd. (NS:TCS), which rose 3.29% or 80.85 points to trade at 2536.20 at the close. Wipro Ltd . (NS:WIPR) added 2.91% or 14.85 points to end at 525.40 and Infosys Ltd (NS:INFY) was up 0.94% or 8.95 points to 961.75 in late trade.

Biggest losers included Bosch Ltd (NS:BOSH), which lost 3.68% or 890.90 points to trade at 23264.25 in late trade. Yes Bank Ltd. (NS:YESB) declined 3.68% or 53.50 points to end at 1401.15 and Grasim Industries Ltd (NS:GRAS) shed 3.46% or 40.55 points to 1130.30.

The top performers on the BSE Sensex 30 were Wipro Ltd. (BO:WIPR) which rose 3.47% to 523.60, Tata Consultancy Services Ltd. (BO:TCS) which was up 3.38% to settle at 2534.10 and Infosys Ltd (BO:INFY) which gained 1.00% to close at 961.70.

The worst performers were Tata Motors Ltd. (BO:TAMO) which was down 2.55% to 438.20 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 2.15% to settle at 491.85 and Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 1.96% to 2678.35 at the close.

Declining stocks outnumbered rising ones by 1308 to 264 and 7 ended unchanged; on the Bombay Stock Exchange, 2023 fell and 651 advanced, while 149 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 10.81% to 11.7850.

In commodities trading, Gold Futures for June delivery was up 0.36% or 4.48 to $1263.18 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.59% or 0.78 to hit $48.29 a barrel, while the July Brent oil contract fell 1.61% or 0.84 to trade at $51.37 a barrel.

USD/INR was up 0.86% to 64.830, while EUR/INR rose 0.84% to 72.1623.

The US Dollar Index Futures was up 0.07% at 97.41.

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