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India stocks lower at close of trade; S&P CNX Nifty down 2.15%

Published 09/04/2015, 06:45 AM
© Reuters.  India stocks lower at close of trade; S&P CNX Nifty down 2.15%
NSEI
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NIFVIX
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BPCL
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BRTI
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COAL
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GAIL
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HLL
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VDAN
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TTPW
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TISC
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BSESN
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BSEPOWER
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BSEREAL
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BSEBANK
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Investing.com – India stocks were lower after the close on Friday, as losses in the Real Estate, Power and Banking sectors led shares lower.

At the close in NSE, the S&P CNX Nifty declined 2.15% to hit a new 52-week low, while the BSE Sensex 30 index fell 2.18%.

The best performers of the session on the S&P CNX Nifty were Bharat Petroleum Corp. Ltd. (NSE:BPCL), which rose 1.51% or 12.65 points to trade at 850.60 at the close. Meanwhile, Bharti Airtel Ltd. (NSE:BRTI) added 0.94% or 3.25 points to end at 350.00 and Coal India Limited (NSE:COAL) was up 0.64% or 2.20 points to 347.50 in late trade.

The worst performers of the session were Tata Power Co. Ltd (NSE:TTPW), which fell 5.59% or 3.35 points to trade at 56.55 at the close. Vedanta Ltd (NSE:VDAN) declined 5.09% or 5.00 points to end at 93.25 and TATA STEEL LIMITED (NSE:TISC) was down 4.72% or 10.85 points to 218.90.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 0.75% to 349.85, Coal India Limited (BO:COAL) which was up 0.32% to settle at 346.75 and Hindustan Unilever Ltd. (BO:HLL) which lost 0.70% to close at 830.35.

The worst performers were Tata Power Co. Ltd (BO:TTPW) which was down 5.59% to 56.55 in late trade, Vedanta Ltd (BO:VDAN) which lost 4.84% to settle at 93.30 and Gail (India) Ltd. (BO:GAIL) which was down 4.73% to 280.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1240 to 186 and 13 ended unchanged; on the Bombay Stock Exchange, 656 fell and 95 advanced, while 4 ended unchanged.

Shares in Tata Power Co. Ltd (NSE:TTPW) fell to 5-year lows; down 5.59% or 3.35 to 56.55. Shares in Tata Power Co. Ltd (BO:TTPW) fell to 3-years lows; falling 5.59% or 3.35 to 56.55.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was up 9.57% to 26.4225.

Gold for December delivery was down 0.18% or 2.00 to $1122.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.79% or 0.37 to hit $46.38 a barrel, while the October Brent oil contract fell 0.46% or 0.23 to trade at $50.45 a barrel.

USD/INR was up 0.56% to 66.487, while EUR/INR rose 0.58% to 74.0190.

The US Dollar Index was down 0.02% at 96.30.

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