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India stocks lower at close of trade; Nifty 50 down 1.01%

Published 05/21/2019, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 1.01%
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Auto, Public Sector Undertakings and Green Energy sectors led shares lower.

At the close in NSE, the Nifty 50 lost 1.01%, while the BSE Sensex 30 index fell 0.97%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 2.92% or 75.60 points to trade at 2667.00 at the close. Meanwhile, Bharti Infratel Ltd (NS:BHRI) added 2.10% or 5.65 points to end at 276.10 and Reliance Industries Ltd (NS:RELI) was up 1.06% or 14.00 points to 1339.80 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 6.60% or 12.55 points to trade at 176.80 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 4.20% or 16.45 points to end at 374.45 and Zee Entertainment Enterprises Ltd. (NS:ZEE) was down 4.33% or 15.70 points to 347.70.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 1.08% to 1339.75, Bajaj Finance Ltd (BO:BJFN) which was up 0.76% to settle at 3432.65 and Hindustan Unilever Ltd. (BO:HLL) which gained 0.62% to close at 1783.50.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 7.05% to 176.60 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 6.42% to settle at 83.10 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 3.25% to 6857.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1068 to 520 and 52 ended unchanged; on the Bombay Stock Exchange, 1527 fell and 933 advanced, while 144 ended unchanged.

Shares in Bajaj Finance Ltd (BO:BJFN) rose to all time highs; gaining 0.76% or 25.95 to 3432.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 8.35% to 25.6525.

Gold Futures for June delivery was down 0.15% or 1.95 to $1275.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.82% or 0.52 to hit $63.73 a barrel, while the July Brent oil contract rose 0.63% or 0.45 to trade at $72.42 a barrel.

USD/INR was down 0.20% to 69.707, while EUR/INR rose 0.01% to 77.7270.

The US Dollar Index Futures was up 0.18% at 97.938.

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