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India shares lower at close of trade; Nifty 50 down 0.39%

Published 24/12/2019, 10:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.39%
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Investing.com – India equities were lower at the close on Tuesday, as losses in the Oil & Gas, Capital Goods and IT sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.39%, while the BSE Sensex 30 index lost 0.44%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 3.02% or 1.50 points to trade at 51.20 at the close. Cipla Ltd. (NS:CIPL) added 2.00% or 9.35 points to end at 478.70 and IndusInd Bank Ltd. (NS:INBK) was up 1.32% or 19.70 points to 1521.85 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd. (NS:BPCL), which lost 2.72% or 13.40 points to trade at 477.80 in late trade. HCL Technologies Ltd (NS:HCLT) declined 1.74% or 9.95 points to end at 560.55 and Reliance Industries Ltd (NS:RELI) shed 1.71% or 26.90 points to 1546.45.

The top performers on the BSE Sensex 30 were Yes Bank Ltd (BO:YESB) which rose 3.12% to 51.20, IndusInd Bank Ltd. (BO:INBK) which was up 1.69% to settle at 1521.35 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which gained 0.76% to close at 125.60.

The worst performers were HCL Technologies Ltd (BO:HCLT) which was down 1.88% to 560.60 in late trade, Reliance Industries Ltd (BO:RELI) which lost 1.59% to settle at 1545.95 and HDFC Bank Ltd (BO:HDBK) which was down 1.00% to 1289.30 at the close.

Declining stocks outnumbered rising ones by 867 to 677 and 82 ended unchanged; on the Bombay Stock Exchange, 1291 fell and 1088 advanced, while 162 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.78% to 11.6250 a new 52-week low.

In commodities trading, Gold Futures for February delivery was up 0.42% or 6.25 to $1494.95 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.15% or 0.09 to hit $60.61 a barrel, while the February Brent oil contract rose 0.24% or 0.16 to trade at $66.55 a barrel.

USD/INR was up 0.06% to 71.255, while EUR/INR fell 0.06% to 78.8970.

The US Dollar Index Futures was up 0.15% at 97.380.

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