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India shares lower at close of trade; Nifty 50 down 1.15%

Published 09/02/2018, 10:45
India shares lower at close of trade; Nifty 50 down 1.15%
NSEI
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NIFVIX
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ARBN
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BRTI
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CIPL
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REDY
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HCLT
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HDFC
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ICBK
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TISC
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TEML
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YESB
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BSESN
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BSEAUTO
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BSEBANK
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BSECRBX
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Investing.com – India equities were lower at the close on Friday, as losses in the Banking, Carbon and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.15% to hit a new 1-month low, while the BSE Sensex 30 index lost 1.16%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 2.24% or 21.15 points to trade at 964.00 at the close. Cipla Ltd. (NS:CIPL) added 2.18% or 13.35 points to end at 621.40 and Tata Steel Ltd (NS:TISC) was up 1.95% or 13.10 points to 685.30 in late trade.

Biggest losers included Yes Bank Ltd (NS:YESB), which lost 2.96% or 9.90 points to trade at 325.55 in late trade. Aurobindo Pharma Ltd. (NS:ARBN) declined 2.33% or 14.00 points to end at 589.50 and Tech Mahindra Ltd (NS:TEML) shed 2.22% or 13.50 points to 595.25.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 1.77% to 683.25, Cipla Ltd. (BO:CIPL) which was up 1.55% to settle at 623.20 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 0.94% to close at 2199.45.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.38% to 326.60 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 2.10% to settle at 420.50 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 2.05% to 1774.55 at the close.

Declining stocks outnumbered rising ones by 807 to 788 and 29 ended unchanged; on the Bombay Stock Exchange, 1347 fell and 1324 advanced, while 138 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 8.20% to 19.2300.

In commodities trading, Gold Futures for April delivery was down 0.10% or 1.30 to $1317.70 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.03% or 0.63 to hit $60.52 a barrel, while the April Brent oil contract fell 0.66% or 0.43 to trade at $64.38 a barrel.

USD/INR was down 0.26% to 64.421, while EUR/INR rose 0.26% to 78.9498.

The US Dollar Index Futures was up 0.01% at 90.20.

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