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India stocks lower at close of trade; Nifty 50 down 0.27%

Published 11/05/2018, 05:45 AM
India stocks lower at close of trade; Nifty 50 down 0.27%
NSEI
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NIFVIX
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AXBK
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CIPL
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IOC
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INBK
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NTPC
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PGRD
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SBI
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UPLL
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WIPR
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BSESN
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BSESHLIP
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BSEOIL
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BSEPOWER
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SMMN
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Investing.com – India stocks were lower after the close on Monday, as losses in the Power, Oil & Gas and Healthcare sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.27%, while the BSE Sensex 30 index lost 0.17%.

The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 3.77% or 10.75 points to trade at 294.95 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 2.04% or 12.45 points to end at 624.40 and UPL Ltd (NS:UPLL) was up 2.13% or 15.15 points to 724.30 in late trade.

The worst performers of the session were Cipla Ltd. (NS:CIPL), which fell 7.35% or 44.60 points to trade at 563.05 at the close. Indian Oil Corporation Ltd (NS:IOC) declined 5.16% or 7.65 points to end at 140.30 and Indiabulls Housing Finance Ltd (NS:INBF) was down 4.35% or 37.90 points to 834.10.

The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.45% to 295.30, AXIS Bank Ltd. (BO:AXBK) which was up 2.35% to settle at 624.30 and Wipro Ltd (BO:WIPR) which gained 1.52% to close at 323.95.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 3.29% to 1491.70 in late trade, NTPC Ltd (BO:NTPC) which lost 2.72% to settle at 153.60 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 2.18% to 185.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 823 to 765 and 64 ended unchanged; on the Bombay Stock Exchange, 1289 fell and 1249 advanced, while 153 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.87% to 19.4825.

Gold Futures for December delivery was up 0.20% or 2.50 to $1233.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.40% or 0.25 to hit $62.89 a barrel, while the January Brent oil contract fell 0.15% or 0.11 to trade at $72.72 a barrel.

USD/INR was down 0.00% to 73.088, while EUR/INR rose 0.79% to 83.1605.

The US Dollar Index Futures was down 0.01% at 96.33.

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