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India shares lower at close of trade; Nifty 50 down 0.76%

Published 15/04/2020, 11:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.76%
NSEI
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HCLT
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HROM
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Investing.com – India equities were lower at the close on Wednesday, as losses in the Banking, Auto and Consumer Durables sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.76%, while the BSE Sensex 30 index lost 1.01%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 8.02% or 26.05 points to trade at 351.00 at the close. Hindustan Unilever Ltd. (NS:HLL) added 5.39% or 126.55 points to end at 2473.00 and Britannia Industries Ltd (NS:BRIT) was up 5.24% or 141.75 points to 2847.90 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd. (NS:KTKM), which lost 5.67% or 70.90 points to trade at 1180.00 in late trade. Hero MotoCorp Ltd (NS:HROM) declined 4.67% or 89.60 points to end at 1829.45 and Bajaj Finance Ltd (NS:BJFN) shed 4.39% or 100.30 points to 2187.00.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 6.07% to 2489.75, HCL Technologies Ltd (BO:HCLT) which was up 4.95% to settle at 481.00 and ITC Ltd (BO:ITC) which gained 4.65% to close at 190.10.

The worst performers were Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 6.23% to 1173.30 in late trade, Hero MotoCorp Ltd (BO:HROM) which lost 4.76% to settle at 1826.20 and Bajaj Finance Ltd (BO:BJFN) which was down 4.63% to 2182.55 at the close.

Advancing stocks outnumbered falling ones by 1019 to 506 and 79 ended unchanged; on the Bombay Stock Exchange, 1373 rose and 902 declined, while 162 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.35% to 49.7350 a new 1-month low.

In commodities trading, Gold Futures for June delivery was down 1.37% or 24.30 to $1744.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.68% or 0.74 to hit $19.37 a barrel, while the June Brent oil contract fell 4.26% or 1.26 to trade at $28.34 a barrel.

USD/INR was up 0.52% to 76.404, while EUR/INR fell 0.14% to 83.3380.

The US Dollar Index Futures was up 0.72% at 99.593.

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