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India stocks lower at close of trade; Nifty 50 down 1.77%

Published 04/19/2021, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 1.77%
NSEI
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NIFVIX
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BRIT
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CIPL
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REDY
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INBK
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INFY
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APSE
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ONGC
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PGRD
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SUN
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BSESN
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BSECG
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BSEREAL
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BSEPSU
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Investing.com – India stocks were lower after the close on Monday, as losses in the Real Estate, Capital Goods and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 declined 1.77%, while the BSE Sensex 30 index fell 1.81%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 2.28% or 111.45 points to trade at 5004.70 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 1.27% or 11.95 points to end at 950.00 and Britannia Industries Ltd (NS:BRIT) was up 0.91% or 33.50 points to 3730.00 in late trade.

The worst performers of the session were Adani Port and Special Economic Zone Ltd (NS:APSE), which fell 4.83% or 36.50 points to trade at 719.00 at the close. Power Grid Corporation of India Ltd (NS:PGRD) declined 4.12% or 8.65 points to end at 201.20 and Oil And Natural Gas Corporation Ltd (NS:ONGC) was down 3.91% or 4.20 points to 103.10.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 1.58% to 4970.55, Infosys Ltd (BO:INFY) which was up 0.74% to settle at 1362.60 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which lost 0.89% to close at 640.30.

The worst performers were Power Grid Corporation of India Ltd (BO:PGRD) which was down 4.17% to 201.15 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 3.91% to settle at 103.10 and IndusInd Bank Ltd. (BO:INBK) which was down 3.89% to 831.70 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1415 to 287 and 52 ended unchanged; on the Bombay Stock Exchange, 2125 fell and 734 advanced, while 189 ended unchanged.

Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; gaining 1.27% or 11.95 to 950.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 10.21% to 22.4850.

Gold Futures for June delivery was up 0.42% or 7.45 to $1787.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.32% or 0.20 to hit $62.99 a barrel, while the June Brent oil contract fell 0.31% or 0.21 to trade at $66.56 a barrel.

USD/INR was up 0.47% to 74.880, while EUR/INR rose 0.98% to 90.1525.

The US Dollar Index Futures was down 0.49% at 91.100.

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