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India stocks lower at close of trade; Nifty 50 down 0.89%

Published 08/10/2017, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.89%
NSEI
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NIFVIX
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REDY
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GAIL
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INFY
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TCS
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TAMO
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TEML
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WIPR
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BSESN
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BSEAUTO
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BSESHLIP
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BSEREAL
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TAMdv
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, Healthcare and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.89%, while the BSE Sensex 30 index fell 0.84%.

The best performers of the session on the Nifty 50 were Tech Mahindra Ltd (NS:TEML), which rose 2.58% or 10.15 points to trade at 404.00 at the close. Meanwhile, Infosys Ltd (NS:INFY) added 1.23% or 11.90 points to end at 981.25 and Wipro Ltd (NS:WIPR) was up 0.58% or 1.65 points to 288.15 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 8.62% or 35.85 points to trade at 380.20 at the close. Tata Motors DV Ltd (NS:TAMdv) declined 8.59% or 20.80 points to end at 221.45 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was down 5.07% or 103.90 points to 1944.45.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO:INFY) which rose 1.35% to 982.50, Wipro Ltd (BO:WIPR) which was up 0.44% to settle at 288.00 and Tata Consultancy Services Ltd. (BO:TCS) which gained 0.37% to close at 2511.25.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 8.60% to 380.90 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 4.77% to settle at 1948.95 and Gail (India) Ltd. (BO:GAIL) which was down 3.39% to 368.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1422 to 129 and 5 ended unchanged; on the Bombay Stock Exchange, 2154 fell and 340 advanced, while 106 ended unchanged.

Shares in Tata Motors Ltd (NS:TAMO) fell to 52-week lows; down 8.62% or 35.85 to 380.20. Shares in Tata Motors DV Ltd (NS:TAMdv) fell to 52-week lows; falling 8.59% or 20.80 to 221.45. Shares in Dr. Reddy’s Laboratories Ltd (NS:REDY) fell to 3-years lows; losing 5.07% or 103.90 to 1944.45. Shares in Tata Motors Ltd (BO:TAMO) fell to 52-week lows; losing 8.60% or 35.85 to 380.90. Shares in Dr. Reddy’s Laboratories Ltd (BO:REDY) fell to 3-years lows; down 4.77% or 97.70 to 1948.95.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.60% to 13.8025 a new 3-months high.

Gold Futures for December delivery was up 0.52% or 6.67 to $1285.97 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.50% or 0.25 to hit $49.81 a barrel, while the October Brent oil contract rose 0.80% or 0.42 to trade at $53.12 a barrel.

USD/INR was up 0.18% to 64.011, while EUR/INR fell 0.10% to 75.0095.

The US Dollar Index Futures was up 0.21% at 93.61.

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