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India stocks lower at close of trade; Nifty 50 down 0.19%

Published 10/24/2019, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.19%
NSEI
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NIFVIX
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BRTI
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EICH
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GRAS
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HCLT
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INBK
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RELI
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SBI
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YESB
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INUS
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BSESN
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BSEPOWER
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BSEPSU
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BSEBANK
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Public Sector Undertakings, Power and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.19%, while the BSE Sensex 30 index declined 0.10%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 2.96% or 10.65 points to trade at 372.35 at the close. Meanwhile, Reliance Industries Ltd (NS:RELI) added 3.07% or 42.70 points to end at 1436.45 and Eicher Motors Ltd. (NS:EICH) was up 2.89% or 593.75 points to 21032.35 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:BHRI), which fell 7.89% or 20.45 points to trade at 237.55 at the close. Yes Bank Ltd (NS:YESB) declined 5.37% or 2.75 points to end at 48.30 and Grasim Industries Ltd (NS:GRAS) was down 6.12% or 45.45 points to 705.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.31% to 372.45, Reliance Industries Ltd (BO:RELI) which was up 3.12% to settle at 1436.25 and HCL Technologies Ltd (BO:HCLT) which gained 2.09% to close at 1118.55.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 5.76% to 48.30 in late trade, State Bank Of India (BO:SBI) which lost 4.65% to settle at 262.70 and IndusInd Bank Ltd. (BO:INBK) which was down 3.78% to 1282.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 893 to 661 and 71 ended unchanged; on the Bombay Stock Exchange, 1318 fell and 1036 advanced, while 149 ended unchanged.

Shares in Bharti Infratel Ltd (NS:BHRI) fell to 5-year lows; falling 7.89% or 20.45 to 237.55. Shares in Reliance Industries Ltd (NS:RELI) rose to all time highs; gaining 3.07% or 42.70 to 1436.45. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; rising 3.12% or 43.40 to 1436.25.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.78% to 16.2400.

Gold Futures for December delivery was down 0.24% or 3.55 to $1492.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.52% or 0.29 to hit $55.68 a barrel, while the December Brent oil contract fell 0.31% or 0.19 to trade at $60.98 a barrel.

USD/INR was up 0.42% to 71.015, while EUR/INR rose 0.39% to 79.0115.

The US Dollar Index Futures was up 0.05% at 97.287.

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