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India stocks lower at close of trade; Nifty 50 down 1.28%

Published 06/17/2019, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 1.28%
NSEI
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NIFVIX
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COAL
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INFY
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JSTL
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VDAN
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TAMO
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TISC
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WIPR
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YESB
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ZEE
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BSESN
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BSEMET
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BSEOIL
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BSEPSU
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Investing.com – India stocks were lower after the close on Monday, as losses in the Metals, Oil & Gas and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 declined 1.28%, while the BSE Sensex 30 index lost 1.25%.

The best performers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 0.74% or 0.85 points to trade at 116.15 at the close. Meanwhile, Zee Entertainment Enterprises Ltd. (NS:ZEE) added 0.36% or 1.20 points to end at 338.10 and Wipro Ltd (NS:WIPR) was up 0.12% or 0.35 points to 299.15 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 5.78% or 29.00 points to trade at 473.10 at the close. JSW Steel Ltd (NS:JSTL) declined 3.78% or 10.25 points to end at 260.20 and Tata Motors Ltd (NS:TAMO) was down 3.47% or 5.70 points to 158.75.

The top performers on the BSE Sensex 30 were Yes Bank Ltd (BO:YESB) which rose 0.74% to 116.20, Coal India Ltd (BO:COAL) which was up 0.10% to settle at 255.20 and Infosys Ltd (BO:INFY) which unchanged 0.00% to close at 740.40.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 5.66% to 473.05 in late trade, Vedanta Ltd (BO:VDAN) which lost 3.33% to settle at 163.95 and Tata Motors Ltd (BO:TAMO) which was down 3.20% to 158.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1278 to 347 and 45 ended unchanged; on the Bombay Stock Exchange, 1794 fell and 665 advanced, while 123 ended unchanged.

Shares in JSW Steel Ltd (NS:JSTL) fell to 52-week lows; losing 3.78% or 10.25 to 260.20. Shares in Wipro Ltd (NS:WIPR) rose to 3-years highs; gaining 0.12% or 0.35 to 299.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 5.43% to 14.6500.

Gold Futures for August delivery was down 0.53% or 7.15 to $1337.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.63% or 0.33 to hit $52.18 a barrel, while the August Brent oil contract fell 0.50% or 0.31 to trade at $61.70 a barrel.

USD/INR was up 0.16% to 69.945, while EUR/INR rose 0.18% to 78.4180.

The US Dollar Index Futures was down 0.03% at 97.035.

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