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India shares lower at close of trade; Nifty 50 down 0.37%

Published 20/02/2020, 10:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.37%
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Investing.com – India equities were lower at the close on Thursday, as losses in the Oil & Gas, IT and Consumer Durables sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.37%, while the BSE Sensex 30 index declined 0.37%.

The biggest gainers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 3.40% or 38.80 points to trade at 1180.95 at the close. Zee Entertainment Enterprises Ltd. (NS:ZEE) added 3.29% or 8.30 points to end at 260.55 and Tata Steel Ltd (NS:TISC) was up 2.37% or 10.25 points to 443.45 in late trade.

Biggest losers included Cipla Ltd. (NS:CIPL), which lost 2.41% or 10.80 points to trade at 436.70 in late trade. Asian Paints Ltd. (NS:ASPN) declined 2.10% or 39.65 points to end at 1845.25 and Hindustan Unilever Ltd. (NS:HLL) shed 1.80% or 41.15 points to 2251.00.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 3.57% to 1181.75, Tata Steel Ltd (BO:TISC) which was up 2.48% to settle at 443.70 and State Bank Of India (BO:SBI) which gained 2.31% to close at 327.65.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was down 2.30% to 1842.85 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.85% to settle at 2251.00 and Tata Consultancy Services Ltd. (BO:TCS) which was down 1.75% to 2156.30 at the close.

Advancing stocks outnumbered falling ones by 774 to 760 and 88 ended unchanged; on the Bombay Stock Exchange, 1219 fell and 1172 advanced, while 161 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.30% to 13.7000.

In commodities trading, Gold Futures for April delivery was up 0.08% or 1.25 to $1613.05 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.24% or 0.13 to hit $53.62 a barrel, while the April Brent oil contract fell 0.12% or 0.07 to trade at $59.05 a barrel.

USD/INR was up 0.09% to 71.653, while EUR/INR rose 0.05% to 77.3855.

The US Dollar Index Futures was up 0.14% at 99.733.

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