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India stocks lower at close of trade; Nifty 50 down 0.17%

Published 07/25/2019, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.17%
NSEI
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NIFVIX
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BJFN
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BJFS
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CIPL
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INBK
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VDAN
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SUN
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TAMO
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Oil & Gas, Metals and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.17% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.04%.

The best performers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 4.45% or 7.35 points to trade at 171.45 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 3.52% or 18.25 points to end at 536.65 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was up 3.29% or 12.50 points to 391.95 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 4.79% or 7.25 points to trade at 144.30 at the close. Bajaj Finserv Ltd (NS:BJFS) declined 4.18% or 295.30 points to end at 6782.30 and Bajaj Finance Ltd (NS:BJFN) was down 4.30% or 136.55 points to 3046.50.

The top performers on the BSE Sensex 30 were Vedanta Ltd (BO:VDAN) which rose 3.82% to 171.35, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 2.69% to settle at 437.15 and IndusInd Bank Ltd. (BO:INBK) which gained 2.26% to close at 1392.20.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 4.56% to 144.35 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 3.95% to settle at 3046.40 and Tata Motors Ltd DVR (BO:TAMdv) which was down 3.39% to 69.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 907 to 665 and 70 ended unchanged; on the Bombay Stock Exchange, 1306 fell and 1023 advanced, while 157 ended unchanged.

Shares in Tata Motors Ltd (NS:TAMO) fell to 5-year lows; falling 4.79% or 7.25 to 144.30. Shares in Tata Motors Ltd (BO:TAMO) fell to 5-year lows; falling 4.56% or 6.90 to 144.35. Shares in Tata Motors Ltd DVR (BO:TAMdv) fell to 5-year lows; losing 3.39% or 2.45 to 69.75.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.98% to 12.6350.

Gold Futures for August delivery was up 0.21% or 2.95 to $1426.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.13% or 0.63 to hit $56.51 a barrel, while the September Brent oil contract rose 1.16% or 0.73 to trade at $63.91 a barrel.

USD/INR was up 0.06% to 69.013, while EUR/INR rose 0.09% to 76.8915.

The US Dollar Index Futures was down 0.06% at 97.398.

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