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India stocks lower at close of trade; S&P CNX Nifty down 1.96%

Published 06/11/2015, 06:45 AM
India stocks lower at close of trade; S&P CNX Nifty down 1.96%
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Banking, Auto and Power sectors led shares lower.

At the close in NSE, the S&P CNX Nifty fell 1.96% to hit a new 6-months low, while the BSE Sensex 30 index fell 1.75%.

The best performers of the session on the S&P CNX Nifty were Vedanta Ltd (NSE:VDAN), which rose 1.62% or 3.00 points to trade at 188.00 at the close. Meanwhile, Tech Mahindra Limited (NSE:TEML) added 0.22% or 1.25 points to end at 557.55 and Bharat Petroleum Corp. Ltd. (NSE:BPCL) was down 0.18% or 1.50 points to 842.40 in late trade.

The worst performers of the session were Tata Power Co. Ltd (NSE:TTPW), which fell 5.21% or 3.85 points to trade at 70.00 at the close. Idea Cellular Ltd (NSE:IDEA) declined 4.56% or 8.00 points to end at 167.50 and Asian Paints Ltd. (NSE:ASPN) was down 4.16% or 30.75 points to 708.40.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:VDAN) which rose 1.54% to 187.70, Gail (India) Ltd. (BO:GAIL) which was down 0.10% to settle at 395.20 and Hindustan Unilever Ltd. (BO:HLL) which lost 0.30% to close at 817.80.

The worst performers were Tata Power Co. Ltd (BO:TTPW) which was down 4.88% to 70.15 in late trade, Tata Motors Ltd. (BO:TAMO) which lost 3.61% to settle at 430.35 and Bharat Heavy Electricals Ltd. (BO:BHEL) which was down 3.24% to 243.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1120 to 296 and 9 ended unchanged; on the Bombay Stock Exchange, 586 fell and 137 advanced, while 2 ended unchanged.

Shares in Tata Power Co. Ltd (NSE:TTPW) fell to 52-week lows; falling 5.21% or 3.85 to 70.00. Shares in Tata Power Co. Ltd (BO:TTPW) fell to 52-week lows; falling 4.88% or 3.60 to 70.15.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was up 4.26% to 17.8050.

Gold for August delivery was down 0.62% or 7.30 to $1179.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.07% or 0.66 to hit $60.77 a barrel, while the July Brent oil contract fell 0.87% or 0.57 to trade at $65.13 a barrel.

USD/INR was up 0.36% to 63.995, while EUR/INR fell 0.11% to 72.1260.

The US Dollar Index was up 0.47% at 95.03.

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