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India stocks lower at close of trade; Nifty 50 down 0.75%

Published 04/10/2019, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.75%
NSEI
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NIFVIX
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ASPN
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BRTI
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CIPL
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HLL
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HALC
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TCS
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TAMO
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WIPR
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BSESN
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BSESITIP
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BSEMET
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BSETECK
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TAMdv
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Investing.com – India stocks were lower after the close on Wednesday, as losses in the Technology, Metals and IT sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.75%, while the BSE Sensex 30 index lost 0.91%.

The best performers of the session on the Nifty 50 were Tata Motors Ltd (NS:TAMO), which rose 4.81% or 9.90 points to trade at 216.05 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 2.72% or 14.45 points to end at 546.45 and Wipro Ltd (NS:WIPR) was up 2.72% or 7.45 points to 281.00 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 3.74% or 13.15 points to trade at 340.00 at the close. Hindalco Industries Ltd. (NS:HALC) declined 2.56% or 5.55 points to end at 211.70 and Tata Consultancy Services Ltd. (NS:TCS) was down 2.29% or 47.85 points to 2040.25.

The top performers on the BSE Sensex 30 were Tata Motors Ltd (BO:TAMO) which rose 4.68% to 215.65, Tata Motors Ltd DVR (BO:TAMdv) which was up 3.18% to settle at 102.35 and Hindustan Unilever Ltd. (BO:HLL) which gained 0.78% to close at 1691.75.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.28% to 340.05 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.15% to settle at 1412.45 and Tata Consultancy Services Ltd. (BO:TCS) which was down 2.12% to 2043.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 921 to 652 and 80 ended unchanged; on the Bombay Stock Exchange, 1340 fell and 1097 advanced, while 157 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.19% to 21.1300 a new 3-months high.

Gold Futures for June delivery was down 0.05% or 0.65 to $1307.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.69% or 0.44 to hit $64.42 a barrel, while the June Brent oil contract rose 0.47% or 0.33 to trade at $70.94 a barrel.

USD/INR was down 0.01% to 69.248, while EUR/INR rose 0.08% to 78.0750.

The US Dollar Index Futures was down 0.05% at 96.562.

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