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India shares lower at close of trade; Nifty 50 down 0.22%

Published 13/02/2020, 10:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.22%
NSEI
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NIFVIX
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REDY
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INBK
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INFY
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NTPC
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SBI
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TISC
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TITN
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YESB
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ZEE
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BSEMET
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Investing.com – India equities were lower at the close on Thursday, as losses in the Banking, Oil & Gas and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.22%, while the BSE Sensex 30 index lost 0.26%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 6.39% or 2.25 points to trade at 37.45 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) added 3.95% or 126.30 points to end at 3322.00 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was up 2.56% or 5.95 points to 238.00 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:INBK), which lost 3.57% or 45.55 points to trade at 1231.85 in late trade. Tata Steel Ltd (NS:TISC) declined 1.77% or 7.95 points to end at 440.00 and NTPC Ltd (NS:NTPC) shed 1.71% or 2.00 points to 114.80.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 2.37% to 1298.70, State Bank Of India (BO:SBI) which was up 2.33% to settle at 327.45 and Infosys Ltd (BO:INFY) which gained 1.45% to close at 792.35.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 3.68% to 1230.20 in late trade, NTPC Ltd (BO:NTPC) which lost 1.71% to settle at 114.65 and Tata Steel Ltd (BO:TISC) which was down 1.57% to 440.90 at the close.

Declining stocks outnumbered rising ones by 861 to 642 and 103 ended unchanged; on the Bombay Stock Exchange, 1375 fell and 995 advanced, while 143 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.85% to 13.3700 a new 1-month low.

In commodities trading, Gold Futures for April delivery was up 0.39% or 6.15 to $1577.75 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.70% or 0.36 to hit $50.81 a barrel, while the April Brent oil contract fell 1.08% or 0.60 to trade at $55.19 a barrel.

USD/INR was up 0.08% to 71.349, while EUR/INR rose 0.19% to 77.6495.

The US Dollar Index Futures was down 0.15% at 98.770.

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