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India stocks lower at close of trade; Nifty 50 down 0.04%

Published 07/13/2018, 06:45 AM
Updated 07/13/2018, 06:50 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.04%
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Investing.com – India stocks were lower after the close on Friday, as losses in the Real Estate, Public Sector Undertakings and Capital Goods sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.04%, while the BSE Sensex 30 index fell 0.02%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 3.72% or 30.05 points to trade at 838.70 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 2.57% or 9.70 points to end at 386.65 and Bajaj Finance Ltd (NS:BJFN) was up 2.44% or 59.00 points to 2468.60 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 4.54% or 24.25 points to trade at 508.70 at the close. Bharti Infratel Ltd (NS:BHRI) declined 3.76% or 11.80 points to end at 302.70 and UPL Ltd (NS:UPLL) was down 2.35% or 13.65 points to 562.55.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 1.34% to 1096.75, Infosys Ltd (BO:INFY) which was up 1.12% to settle at 1309.10 and Bajaj Auto Ltd (BO:BAJA) which gained 1.02% to close at 3133.45.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 2.80% to 154.60 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 2.48% to settle at 523.90 and ITC Ltd (BO:ITC) which was down 2.29% to 270.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1221 to 393 and 46 ended unchanged; on the Bombay Stock Exchange, 1782 fell and 768 advanced, while 125 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to all time highs; rising 2.44% or 59.00 to 2468.60. Shares in UPL Ltd (NS:UPLL) fell to 52-week lows; falling 2.35% or 13.65 to 562.55. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; rising 1.34% or 14.55 to 1096.75.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.62% to 12.3025.

Gold Futures for August delivery was down 0.46% or 5.70 to $1240.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.36% or 0.25 to hit $70.08 a barrel, while the September Brent oil contract fell 0.69% or 0.51 to trade at $73.94 a barrel.

USD/INR was up 0.28% to 68.464, while EUR/INR fell 0.47% to 79.5940.

The US Dollar Index Futures was up 0.38% at 94.93.

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