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India shares lower at close of trade; Nifty 50 down 0.65%

Published 13/08/2018, 11:45
India shares lower at close of trade; Nifty 50 down 0.65%
NSEI
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NIFVIX
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BPCL
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GAIL
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HPCL
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INFY
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SBI
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VDAN
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SUN
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TEML
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WIPR
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YESB
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BSESN
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BSEOIL
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BSEPSU
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BSEBANK
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SMMN
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Investing.com – India equities were lower at the close on Monday, as losses in the Oil & Gas, Public Sector Undertakings and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.65%, while the BSE Sensex 30 index declined 0.59%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd (NS:GAIL), which rose 3.32% or 12.05 points to trade at 375.45 at the close. Tech Mahindra Ltd (NS:TEML) added 2.64% or 17.05 points to end at 659.95 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 1.95% or 10.80 points to 563.90 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd. (NS:BPCL), which lost 5.75% or 23.10 points to trade at 379.70 in late trade. Hindustan Petroleum Corporation Ltd (NS:HPCL) declined 4.77% or 13.65 points to end at 273.10 and Indiabulls Housing Finance Ltd (NS:INBF) shed 3.92% or 51.90 points to 1276.50.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 1.75% to 1409.45, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.65% to settle at 562.75 and Wipro Ltd (BO:WIPR) which gained 1.31% to close at 282.70.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 3.40% to 216.05 in late trade, State Bank Of India (BO:SBI) which lost 3.17% to settle at 294.80 and Yes Bank Ltd (BO:YESB) which was down 3.11% to 371.10 at the close.

Declining stocks outnumbered rising ones by 1119 to 499 and 42 ended unchanged; on the Bombay Stock Exchange, 1698 fell and 918 advanced, while 143 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.28% to 13.4000.

In commodities trading, Gold Futures for December delivery was down 0.80% or 9.80 to $1209.20 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.27% or 0.18 to hit $67.45 a barrel, while the October Brent oil contract unchanged 0.00% or 0.00 to trade at $72.81 a barrel.

USD/INR was up 1.14% to 69.885, while EUR/INR rose 1.16% to 79.5235.

The US Dollar Index Futures was up 0.06% at 96.25.

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