Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

India stocks lower at close of trade; Nifty 50 down 0.05%

Published 06/27/2019, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.05%
NSEI
-
NIFVIX
-
HCLT
-
MAHM
-
APSE
-
RELI
-
TAMO
-
TEML
-
UPLL
-
BSESN
-
BSESITIP
-
BSEMET
-
BSETECK
-
SMMN
-
TAMdv
-

Investing.com – India stocks were lower after the close on Thursday, as losses in the IT, Technology and Metals sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.05%, while the BSE Sensex 30 index declined 0.01%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 2.48% or 4.00 points to trade at 165.85 at the close. Meanwhile, Indiabulls Housing Finance Ltd (NS:INBF) added 2.07% or 12.70 points to end at 627.45 and Mahindra & Mahindra Ltd. (NS:MAHM) was up 2.32% or 14.95 points to 657.90 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 2.10% or 15.05 points to trade at 701.95 at the close. Adani Port and Special Economic Zone Ltd (NS:APSE) declined 1.29% or 5.35 points to end at 406.50 and UPL Ltd (NS:UPLL) was down 1.62% or 15.50 points to 943.50.

The top performers on the BSE Sensex 30 were Tata Motors Ltd DVR (BO:TAMdv) which rose 4.20% to 81.80, Tata Motors Ltd (BO:TAMO) which was up 2.95% to settle at 165.85 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 2.37% to close at 658.50.

The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 2.26% to 701.95 in late trade, Reliance Industries Ltd (BO:RELI) which lost 1.52% to settle at 1274.85 and HCL Technologies Ltd (BO:HCLT) which was down 1.52% to 1064.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 929 to 636 and 75 ended unchanged; on the Bombay Stock Exchange, 1350 rose and 1088 declined, while 154 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.71% to 14.6450.

Gold Futures for August delivery was down 0.47% or 6.65 to $1408.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.03% or 0.61 to hit $58.77 a barrel, while the September Brent oil contract fell 0.84% or 0.55 to trade at $65.14 a barrel.

USD/INR was down 0.10% to 69.124, while EUR/INR fell 0.08% to 78.6490.

The US Dollar Index Futures was down 0.04% at 95.685.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.