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

© Reuters. India stocks lower at close of trade; Nifty 50 down 0.76% – India stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in NSE, the lost 0.76%, while the index declined 1.01%.

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

The worst performers of the session were Kotak Mahindra Bank Ltd. (NS:), which fell 5.67% or 70.90 points to trade at 1180.00 at the close. Hero MotoCorp Ltd (NS:) declined 4.67% or 89.60 points to end at 1829.45 and Bajaj Finance Ltd (NS:) was down 4.39% or 100.30 points to 2187.00.

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

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

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

Shares in Hindustan Unilever Ltd. (NS:) rose to all time highs; gaining 5.39% or 126.55 to 2473.00. Shares in Bajaj Finance Ltd (NS:) fell to 52-week lows; falling 4.39% or 100.30 to 2187.00. Shares in Hindustan Unilever Ltd. (BO:) rose to all time highs; up 6.07% or 142.45 to 2489.75. Shares in Bajaj Finance Ltd (BO:) fell to 52-week lows; down 4.63% or 105.95 to 2182.55.

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

Gold Futures for June delivery was down 1.37% or 24.20 to $1744.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.73% or 0.75 to hit $19.36 a barrel, while the June Brent oil contract fell 4.29% or 1.27 to trade at $28.33 a barrel.

USD/INR was up 0.52% to 76.404, while EUR/INR fell 0.14% to 83.3340.

The US Dollar Index Futures was up 0.72% at 99.595.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.