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India stocks lower at close of trade; Nifty 50 down 0.45%

Published 01/21/2020, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.45%
NSEI
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NIFVIX
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BPCL
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HDFC
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KTKM
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MAHM
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MRTI
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TAMO
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TISC
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ULTC
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ZEE
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INUS
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BSESN
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BSEMET
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BSEPOWER
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BSEREAL
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Power, Real Estate and Metals sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.45%, while the BSE Sensex 30 index declined 0.49%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 8.63% or 19.15 points to trade at 241.00 at the close. Meanwhile, Zee Entertainment Enterprises Ltd. (NS:ZEE) added 4.52% or 12.25 points to end at 283.00 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 1.39% or 6.35 points to 463.50 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 3.29% or 16.15 points to trade at 474.50 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 2.86% or 16.25 points to end at 550.95 and Tata Motors Ltd (NS:TAMO) was down 2.44% or 4.75 points to 190.25.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 0.50% to 4489.45, Kotak Mahindra Bank Ltd. (BO:KTKM) which was up 0.46% to settle at 1625.50 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 0.37% to close at 2464.50.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 3.01% to 475.90 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 2.42% to settle at 553.35 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.10% to 7290.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 874 to 645 and 101 ended unchanged; on the Bombay Stock Exchange, 1318 fell and 1064 advanced, while 161 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.94% to 15.8625 a new 1-month high.

Gold Futures for February delivery was down 0.31% or 4.85 to $1555.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.96% or 0.56 to hit $58.02 a barrel, while the March Brent oil contract fell 1.21% or 0.79 to trade at $64.41 a barrel.

USD/INR was up 0.17% to 71.147, while EUR/INR rose 0.26% to 79.0025.

The US Dollar Index Futures was down 0.09% at 97.270.

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