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India stocks lower at close of trade; Nifty 50 down 0.14%

Published 02/22/2018, 05:45 AM
India stocks lower at close of trade; Nifty 50 down 0.14%
NSEI
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NIFVIX
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ARBN
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BPCL
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REDY
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KTKM
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APSE
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ONGC
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PGRD
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SUN
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BSESN
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BSEOIL
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BSEPOWER
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BSEPSU
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Oil & Gas, Power and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.14%, while the BSE Sensex 30 index lost 0.07%.

The best performers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS:SUN), which rose 3.76% or 19.75 points to trade at 541.45 at the close. Meanwhile, Aurobindo Pharma Ltd. (NS:ARBN) added 3.08% or 17.60 points to end at 586.85 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 2.38% or 9.40 points to 404.00 in late trade.

The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 4.35% or 19.45 points to trade at 427.45 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) declined 2.10% or 4.00 points to end at 186.10 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was down 1.93% or 41.80 points to 2123.45.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 3.32% to 542.15, Adani Port and Special Economic Zone Ltd (BO:APSE) which was up 2.16% to settle at 404.10 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 2.01% to close at 1075.90.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.19% to 2121.30 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 2.05% to settle at 186.20 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.88% to 190.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1058 to 528 and 42 ended unchanged; on the Bombay Stock Exchange, 1661 fell and 988 advanced, while 151 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.83% to 14.8325.

Gold Futures for April delivery was down 0.47% or 6.20 to $1325.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.66% or 0.41 to hit $61.27 a barrel, while the April Brent oil contract fell 0.46% or 0.30 to trade at $65.12 a barrel.

USD/INR was up 0.15% to 65.005, while EUR/INR rose 0.37% to 79.9051.

The US Dollar Index Futures was down 0.09% at 89.95.

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