🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Shares

India shares lower at close of trade; Nifty 50 down 0.84%

Published 03/09/2018, 11:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.84%
NSEI
-
NIFVIX
-
AXBK
-
BAJA
-
BJFN
-
REDY
-
EICH
-
HLL
-
PGRD
-
WIPR
-
BSESN
-
BSESCGIP
-
BSEPOWER
-
BSEREAL
-
TAMdv
-

Investing.com – India equities were lower at the close on Monday, as losses in the Fast Moving Consumer Goods, Real Estate and Power sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.84%, while the BSE Sensex 30 index declined 0.86%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 3.85% or 96.00 points to trade at 2593.40 at the close. Eicher Motors Ltd. (NS:EICH) added 2.34% or 655.25 points to end at 28885.85 and Wipro Ltd (NS:WIPR) was up 2.62% or 7.90 points to 308.35 in late trade.

Biggest losers included Bajaj Finance Ltd (NS:BJFN), which lost 4.78% or 136.50 points to trade at 2724.05 in late trade. Hindustan Unilever Ltd. (NS:HLL) declined 4.51% or 80.30 points to end at 1699.10 and Power Grid Corporation of India Ltd (NS:PGRD) shed 3.62% or 7.30 points to 194.50.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 2.49% to 309.15, Tata Motors Ltd DVR (BO:TAMdv) which was up 1.34% to settle at 144.10 and Bajaj Auto Ltd (BO:BAJA) which gained 0.68% to close at 2765.15.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 4.58% to 1699.05 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 2.92% to settle at 194.75 and AXIS Bank Ltd. (BO:AXBK) which was down 2.69% to 631.75 at the close.

Declining stocks outnumbered rising ones by 854 to 768 and 52 ended unchanged; on the Bombay Stock Exchange, 1384 fell and 1297 advanced, while 176 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.31% to 13.3925 a new 1-month high.

In commodities trading, Gold Futures for December delivery was up 0.22% or 2.70 to $1207.10 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.21% or 0.15 to hit $69.92 a barrel, while the November Brent oil contract rose 0.57% or 0.44 to trade at $78.08 a barrel.

USD/INR was up 0.30% to 71.085, while EUR/INR rose 0.24% to 82.5630.

The US Dollar Index Futures was up 0.02% at 95.07.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.