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India stocks lower at close of trade; Nifty 50 down 1.11%

Published 01/03/2019, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 1.11%
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Metals, Oil & Gas and Capital Goods sectors led shares lower.

At the close in NSE, the Nifty 50 fell 1.11%, while the BSE Sensex 30 index fell 1.05%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 3.31% or 8.75 points to trade at 271.60 at the close. Meanwhile, Bajaj Auto Ltd (NS:BAJA) added 0.11% or 3.00 points to end at 2701.35 and Asian Paints Ltd. (NS:ASPN) was up 0.27% or 3.70 points to 1388.30 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:EICH), which fell 4.22% or 893.30 points to trade at 20211.45 at the close. Indian Oil Corporation Ltd (NS:IOC) declined 3.32% or 4.55 points to end at 132.65 and Hindustan Petroleum Corporation Ltd (NS:HPCL) was down 3.47% or 8.90 points to 248.30.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 0.50% to 950.60, Bajaj Auto Ltd (BO:BAJA) which was up 0.41% to settle at 2700.40 and Asian Paints Ltd. (BO:ASPN) which gained 0.32% to close at 1386.00.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 3.04% to 718.95 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 2.98% to settle at 143.20 and Vedanta Ltd (BO:VDAN) which was down 2.64% to 188.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1096 to 468 and 72 ended unchanged; on the Bombay Stock Exchange, 1563 fell and 914 advanced, while 144 ended unchanged.

Shares in Eicher Motors Ltd. (NS:EICH) fell to 52-week lows; falling 4.22% or 893.30 to 20211.45. Shares in Vedanta Ltd (BO:VDAN) fell to 52-week lows; falling 2.64% or 5.10 to 188.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.46% to 16.7900.

Gold Futures for February delivery was up 0.44% or 5.60 to $1289.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.88% or 0.41 to hit $46.13 a barrel, while the March Brent oil contract fell 0.22% or 0.12 to trade at $54.79 a barrel.

USD/INR was up 0.17% to 70.118, while EUR/INR rose 0.46% to 79.7340.

The US Dollar Index Futures was down 0.31% at 96.125.

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