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India stocks lower at close of trade; S&P CNX Nifty down 1.13%

Published 08/26/2015, 06:45 AM
India stocks lower at close of trade; S&P CNX Nifty down 1.13%
TTM
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NSEI
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NIFVIX
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ABUJ
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BHEL
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CAIL
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HROM
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HDFC
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MAHM
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TTPW
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TEML
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BSESN
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BSESHLIP
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BSEBANK
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BSEGRNX
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Investing.com – India stocks were lower after the close on Wednesday, as losses in the Banking, Green Energy and Healthcare sectors led shares lower.

At the close in NSE, the S&P CNX Nifty declined 1.13% to hit a new 6-months low, while the BSE Sensex 30 index lost 1.22%.

The best performers of the session on the S&P CNX Nifty were Bharat Heavy Electricals Ltd. (NSE:BHEL), which rose 3.96% or 9.15 points to trade at 240.15 at the close. Meanwhile, Cairn India Limited (NSE:CAIL) added 3.10% or 3.90 points to end at 129.75 and Tata Power Co. Ltd (NSE:TTPW) was up 2.91% or 1.70 points to 60.20 in late trade.

The worst performers of the session were Ambuja Cements Ltd. (NSE:ABUJ), which fell 4.53% or 9.40 points to trade at 198.20 at the close. Tech Mahindra Limited (NSE:TEML) declined 3.92% or 20.70 points to end at 507.30 and Housing Development Finance Corp. (NSE:HDFC) was down 3.77% or 43.20 points to 1102.35.

The top performers on the BSE Sensex 30 were Bharat Heavy Electricals Ltd. (BO:BHEL) which rose 3.45% to 240.20, Tata Motors Ltd. (BO:TAMO) which was up 2.31% to settle at 336.80 and Tata Power Co. Ltd (BO:TTPW) which gained 2.29% to close at 60.20.

The worst performers were Housing Development Finance Corp. (BO:HDFC) which was down 3.77% to 1102.45 in late trade, Hero MotoCorp Limited (BO:HROM) which lost 3.45% to settle at 2391.95 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 3.07% to 1215.30 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 723 to 692 and 8 ended unchanged; on the Bombay Stock Exchange, 375 rose and 363 declined, while 7 ended unchanged.

Shares in Ambuja Cements Ltd. (NSE:ABUJ) fell to 52-week lows; falling 4.53% or 9.40 to 198.20.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 4.96% to 25.5150.

Gold for December delivery was down 0.62% or 7.10 to $1131.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.10% or 0.04 to hit $39.35 a barrel, while the October Brent oil contract rose 0.32% or 0.14 to trade at $43.35 a barrel.

USD/INR was down 0.31% to 66.076, while EUR/INR fell 1.06% to 75.5290.

The US Dollar Index was up 0.64% at 94.52.

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