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

Published 04/30/2021, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 1.77%
NSEI
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COAL
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DIVI
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REDY
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HDBK
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Investing.com – India stocks were lower after the close on Friday, as losses in the Banking, Carbon and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 lost 1.77%, while the BSE Sensex 30 index declined 1.98%.

The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 3.94% or 4.10 points to trade at 108.15 at the close. Meanwhile, Coal India Ltd (NS:COAL) added 3.90% or 5.00 points to end at 133.05 and Divi's Laboratories Ltd. (NS:DIVI) was up 3.87% or 151.50 points to 4062.35 in late trade.

The worst performers of the session were Housing Development Finance Corporation Ltd (NS:HDFC), which fell 4.68% or 118.75 points to trade at 2420.10 at the close. HDFC Bank Ltd (NS:HDBK) declined 4.09% or 60.20 points to end at 1412.30 and ICICI Bank Ltd (NS:ICBK) was down 3.37% or 20.95 points to 600.50.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 4.32% to 108.55, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.57% to settle at 654.70 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.23% to close at 5164.30.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 4.38% to 2420.15 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 4.09% to settle at 1412.20 and ICICI Bank Ltd (BO:ICBK) which was down 3.36% to 600.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 904 to 719 and 78 ended unchanged; on the Bombay Stock Exchange, 1524 fell and 1304 advanced, while 161 ended unchanged.

Shares in Divi's Laboratories Ltd. (NS:DIVI) rose to all time highs; up 3.87% or 151.50 to 4062.35. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 52-week highs; rising 1.57% or 10.10 to 654.70.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.19% to 23.0275.

Gold Futures for June delivery was up 0.01% or 0.25 to $1768.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.58% or 1.03 to hit $63.98 a barrel, while the July Brent oil contract fell 1.37% or 0.93 to trade at $67.12 a barrel.

USD/INR was down 0.05% to 74.053, while EUR/INR fell 0.32% to 89.4975.

The US Dollar Index Futures was up 0.26% at 90.825.

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