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India shares lower at close of trade; Nifty 50 down 0.69%

Published 27/03/2017, 11:45
Updated 27/03/2017, 11:45
India shares lower at close of trade; Nifty 50 down 0.69%

Investing.com – India equities were lower at the close on Monday, as losses in the Metals, Oil & Gas and Healthcare sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.69%, while the BSE Sensex 30 index lost 0.63%.

The biggest gainers of the session on the Nifty 50 were Bank Of Baroda (NS:BOB), which rose 1.69% or 2.85 points to trade at 171.90 at the close. Bharti Infratel Limited (NS:BHRI) added 1.56% or 4.85 points to end at 315.25 and IndusInd Bank Ltd. (NS:INBK) was up 1.11% or 15.45 points to 1405.00 in late trade.

Biggest losers included Idea Cellular Ltd (NS:IDEA), which lost 3.63% or 3.30 points to trade at 87.60 in late trade. TATA STEEL LIMITED (NS:TISC) declined 3.51% or 17.30 points to end at 475.90 and Hindalco Industries Ltd. (NS:HALC) shed 3.44% or 6.70 points to 188.20.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 1.20% to 279.35, POWER GRID CORPORATION OF INDIA (BO:PGRD) which was up 0.88% to settle at 195.40 and Housing Development Finance Corp. (BO:HDFC) which gained 0.87% to close at 1474.80.

The worst performers were TATA STEEL LIMITED (BO:TISC) which was down 3.15% to 477.65 in late trade, Reliance Industries Ltd (BO:RELI) which lost 2.76% to settle at 1250.75 and Asian Paints Ltd. (BO:ASPN) which was down 2.07% to 1043.90 at the close.

Declining stocks outnumbered rising ones by 908 to 596 and 62 ended unchanged; on the Bombay Stock Exchange, 1594 fell and 1126 advanced, while 225 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.82% to 12.4350.

In commodities trading, Gold Futures for April delivery was up 0.71% or 8.85 to $1257.35 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.73% or 0.35 to hit $47.62 a barrel, while the June Brent oil contract fell 0.49% or 0.25 to trade at $50.67 a barrel.

USD/INR was down 0.50% to 65.067, while EUR/INR rose 0.06% to 70.7099.

The US Dollar Index Futures was down 0.65% at 98.94.

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