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India stocks lower at close of trade; Nifty 50 down 0.24%

Published 10/30/2020, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.24%
NSEI
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NIFVIX
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BJFN
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BPCL
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BRTI
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HROM
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MRTI
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APSE
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NTPC
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SUN
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TISC
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ZEE
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BSESN
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BSEAUTO
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BSESCGIP
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BSEBANK
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Investing.com – India stocks were lower after the close on Friday, as losses in the Auto, Banking and Fast Moving Consumer Goods sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.24%, while the BSE Sensex 30 index fell 0.34%.

The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 4.63% or 8.30 points to trade at 187.40 at the close. Meanwhile, Adani Port and Special Economic Zone Ltd (NS:APSE) added 4.46% or 15.30 points to end at 358.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 3.51% or 12.00 points to 353.80 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 4.00% or 18.05 points to trade at 432.75 at the close. Hero MotoCorp Ltd (NS:HROM) declined 3.08% or 89.10 points to end at 2804.90 and Maruti Suzuki India Ltd. (NS:MRTI) was down 2.52% or 179.70 points to 6938.00.

The top performers on the BSE Sensex 30 were Tata Steel Ltd (BO:TISC) which rose 2.27% to 410.35, NTPC Ltd (BO:NTPC) which was up 2.14% to settle at 88.30 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 2.03% to close at 466.00.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.82% to 433.60 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 2.45% to settle at 6940.00 and Bajaj Finance Ltd (BO:BJFN) which was down 2.44% to 3297.05 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 830 to 760 and 92 ended unchanged; on the Bombay Stock Exchange, 1299 rose and 1191 declined, while 170 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.04% to 24.7525 a new 1-month high.

Gold Futures for December delivery was up 0.36% or 6.75 to $1874.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.50% or 0.18 to hit $35.99 a barrel, while the January Brent oil contract fell 0.55% or 0.21 to trade at $38.05 a barrel.

USD/INR was up 0.23% to 74.543, while EUR/INR rose 0.18% to 86.9730.

The US Dollar Index Futures was down 0.06% at 93.918.

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