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India shares lower at close of trade; Nifty 50 down 0.20%

Published 10/05/2019, 11:45
India shares lower at close of trade; Nifty 50 down 0.20%
NSEI
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NIFVIX
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BRTI
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HCLT
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ICBK
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SBI
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TISC
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YESB
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ZEE
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BSESN
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BSESITIP
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BSEMET
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BSEOIL
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Investing.com – India equities were lower at the close on Friday, as losses in the Metals, IT and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.20% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.26%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 3.52% or 12.60 points to trade at 371.20 at the close. State Bank Of India (NS:SBI) added 2.54% or 7.60 points to end at 308.05 and Bharti Airtel Ltd. (NS:BRTI) was up 1.92% or 6.05 points to 324.10 in late trade.

Biggest losers included Tata Steel Ltd (NS:TISC), which lost 6.20% or 32.20 points to trade at 486.80 in late trade. HCL Technologies Ltd (NS:HCLT) declined 4.54% or 51.55 points to end at 1086.65 and Yes Bank Ltd (NS:YESB) shed 3.46% or 5.90 points to 163.85.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 2.94% to 308.05, Bharti Airtel Ltd (BO:BRTI) which was up 2.09% to settle at 322.30 and ICICI Bank Ltd (BO:ICBK) which gained 0.88% to close at 384.80.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 6.10% to 487.30 in late trade, HCL Technologies Ltd (BO:HCLT) which lost 4.07% to settle at 1086.05 and Yes Bank Ltd (BO:YESB) which was down 3.70% to 164.00 at the close.

Declining stocks outnumbered rising ones by 789 to 768 and 82 ended unchanged; on the Bombay Stock Exchange, 1213 fell and 1179 advanced, while 157 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.34% to 26.3350 a new 3-year high.

In commodities trading, Gold Futures for June delivery was up 0.08% or 1.05 to $1286.25 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.62% or 0.38 to hit $62.08 a barrel, while the July Brent oil contract rose 0.58% or 0.41 to trade at $70.80 a barrel.

USD/INR was down 0.34% to 69.826, while EUR/INR fell 0.33% to 78.4480.

The US Dollar Index Futures was down 0.04% at 97.127.

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