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India stocks lower at close of trade; S&P CNX Nifty down 0.38%

Published 08/31/2015, 06:45 AM
India stocks lower at close of trade; S&P CNX Nifty down 0.38%
RDY
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NSEI
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NIFVIX
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BRTI
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BHEL
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CIPL
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COAL
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HALC
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LUPN
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PGRD
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BSESN
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BSECG
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BSEPOWER
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BSEREAL
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Investing.com – India stocks were lower after the close on Monday, as losses in the Power, Real Estate and Capital Goods sectors led shares lower.

At the close in NSE, the S&P CNX Nifty declined 0.38%, while the BSE Sensex 30 index fell 0.41%.

The best performers of the session on the S&P CNX Nifty were Lupin Ltd (NSE:LUPN), which rose 4.01% or 74.70 points to trade at 1935.55 at the close. Meanwhile, Cipla Ltd. (NSE:CIPL) added 3.38% or 22.30 points to end at 682.15 and Dr. Reddy's Laboratories Ltd. (NSE:REDY) was up 2.92% or 121.90 points to 4302.65 in late trade.

The worst performers of the session were Bharat Heavy Electricals Ltd. (NSE:BHEL), which fell 3.47% or 8.15 points to trade at 226.45 at the close. POWER GRID CORPORATION OF INDIA (NSE:PGRD) declined 3.33% or 4.50 points to end at 130.65 and Bharti Airtel Ltd. (NSE:BRTI) was down 2.26% or 8.20 points to 354.30.

The top performers on the BSE Sensex 30 were Cipla Ltd. (BO:CIPL) which rose 3.30% to 681.50, Dr. Reddy's Laboratories Ltd. (BO:REDY) which was up 3.15% to settle at 4310.15 and Coal India Limited (BO:COAL) which gained 2.50% to close at 366.35.

The worst performers were Bharat Heavy Electricals Ltd. (BO:BHEL) which was down 3.45% to 226.50 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 2.14% to settle at 354.50 and Hindalco Industries Ltd. (BO:HALC) which was down 2.08% to 80.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 809 to 619 and 7 ended unchanged; on the Bombay Stock Exchange, 412 fell and 333 advanced, while 1 ended unchanged.

Shares in Dr. Reddy's Laboratories Ltd. (NSE:REDY) rose to all time highs; up 2.92% or 121.90 to 4302.65. Shares in Dr. Reddy's Laboratories Ltd. (BO:REDY) rose to all time highs; gaining 3.15% or 131.45 to 4310.15.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was up 5.42% to 24.5950.

Gold for December delivery was down 0.17% or 1.90 to $1132.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.77% or 0.80 to hit $44.42 a barrel, while the October Brent oil contract fell 2.30% or 1.15 to trade at $48.90 a barrel.

USD/INR was up 0.48% to 66.471, while EUR/INR rose 0.72% to 74.4940.

The US Dollar Index was down 0.12% at 96.03.

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