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India stocks lower at close of trade; Nifty 50 down 0.56%

Published 02/17/2020, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.56%
NSEI
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NIFVIX
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COAL
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GAIL
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HROM
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ONGC
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VDAN
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SUN
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TCS
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TITN
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YESB
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NEST
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Investing.com – India stocks were lower after the close on Monday, as losses in the Oil & Gas, Public Sector Undertakings and Power sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.56%, while the BSE Sensex 30 index declined 0.49%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 1.73% or 22.35 points to trade at 1315.80 at the close. Meanwhile, Nestle India Ltd (NS:NEST) added 1.58% or 258.50 points to end at 16614.95 and Vedanta Ltd (NS:VDAN) was up 0.85% or 1.20 points to 142.30 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 3.98% or 1.55 points to trade at 37.35 at the close. Coal India Ltd (NS:COAL) declined 3.81% or 6.65 points to end at 168.10 and GAIL Ltd (NS:GAIL) was down 3.71% or 4.55 points to 118.00.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 1.86% to 1316.35, Nestle India Ltd (BO:NEST) which was up 1.70% to settle at 16629.40 and Tata Consultancy Services Ltd. (BO:TCS) which gained 0.89% to close at 2203.25.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 3.20% to 99.95 in late trade, Hero MotoCorp Ltd (BO:HROM) which lost 3.07% to settle at 2284.35 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 2.37% to 408.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1110 to 462 and 76 ended unchanged; on the Bombay Stock Exchange, 1645 fell and 783 advanced, while 144 ended unchanged.

Shares in Nestle India Ltd (NS:NEST) rose to all time highs; up 1.58% or 258.50 to 16614.95. Shares in Coal India Ltd (NS:COAL) fell to all time lows; down 3.81% or 6.65 to 168.10. Shares in Oil And Natural Gas Corporation Ltd (BO:ONGC) fell to 5-year lows; down 3.20% or 3.30 to 99.95. Shares in Nestle India Ltd (BO:NEST) rose to all time highs; up 1.70% or 278.65 to 16629.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 5.88% to 14.4150.

Gold Futures for April delivery was down 0.19% or 3.00 to $1583.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.08% or 0.04 to hit $52.36 a barrel, while the April Brent oil contract fell 0.02% or 0.01 to trade at $57.31 a barrel.

USD/INR was down 0.22% to 71.372, while EUR/INR fell 0.08% to 77.4170.

The US Dollar Index Futures was down 0.02% at 98.983.

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