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India stocks lower at close of trade; Nifty 50 down 0.80%

Published 12/05/2018, 05:45 AM
India stocks lower at close of trade; Nifty 50 down 0.80%
NSEI
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NIFVIX
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HCLT
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HDBK
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HLL
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HALC
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HDFC
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SUN
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TISC
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BSESN
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BSEAUTO
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BSESHLIP
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BSEMET
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TAMdv
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Investing.com – India stocks were lower after the close on Wednesday, as losses in the Metals, Auto and Healthcare sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.80%, while the BSE Sensex 30 index fell 0.69%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 2.45% or 44.35 points to trade at 1848.10 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 1.60% or 31.05 points to end at 1973.30 and HCL Technologies Ltd (NS:HCLT) was up 0.95% or 9.80 points to 1051.05 in late trade.

The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 5.80% or 25.70 points to trade at 412.95 at the close. Hindalco Industries Ltd. (NS:HALC) declined 5.19% or 12.10 points to end at 221.35 and Tata Steel Ltd (NS:TISC) was down 4.03% or 21.70 points to 517.70.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.07% to 1845.60, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 1.75% to settle at 1973.20 and HDFC Bank Ltd (BO:HDBK) which gained 0.51% to close at 2099.45.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 6.59% to 413.60 in late trade, Tata Steel Ltd (BO:TISC) which lost 4.27% to settle at 515.30 and Tata Motors Ltd DVR (BO:TAMdv) which was down 3.85% to 92.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1171 to 413 and 53 ended unchanged; on the Bombay Stock Exchange, 1713 fell and 763 advanced, while 136 ended unchanged.

Shares in Hindustan Unilever Ltd. (NS:HLL) rose to all time highs; rising 2.45% or 44.35 to 1848.10. Shares in Sun Pharmaceutical Industries Ltd. (NS:SUN) fell to 5-year lows; falling 5.80% or 25.70 to 412.95. Shares in Hindustan Unilever Ltd. (BO:HLL) rose to all time highs; rising 2.07% or 37.35 to 1845.60. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) fell to 5-year lows; falling 6.59% or 29.20 to 413.60.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.56% to 18.3900.

Gold Futures for February delivery was down 0.42% or 5.20 to $1241.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.06% or 0.03 to hit $53.22 a barrel, while the February Brent oil contract fell 0.10% or 0.06 to trade at $62.02 a barrel.

USD/INR was down 0.06% to 70.595, while EUR/INR rose 0.12% to 80.0770.

The US Dollar Index Futures was up 0.04% at 96.945.

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