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India stocks mixed at close of trade; S&P CNX Nifty down 0.01%

Published 03/27/2015, 06:45 AM
India stocks mixed at close of trade; S&P CNX Nifty down 0.01%
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Investing.com – India stocks were mixed after the close on Friday, as gains in the S&P BSE Capital Goods, S&P BSE Bankex and S&P BSE IT sectors led shares higher while losses in the S&P BSE Oil & Gas, S&P BSE IPO and Fast Moving Consumer Goods sectors led shares lower.

At the close in NSE, the S&P CNX Nifty fell 0.01% to hit a new 1-month low, while the BSE Sensex 30 index gained 0.10%.

The best performers of the session on the S&P CNX Nifty were Jindal Steel & Power Ltd (NSE:JNSP), which rose 4.63% or 6.95 points to trade at 157.20 at the close. Meanwhile, IDFC LIMITED (NSE:IDFC) added 3.89% or 6.30 points to end at 168.10 and Hindalco Industries Ltd. (NSE:HALC) was up 3.40% or 4.40 points to 133.95 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NSE:BRTI), which fell 5.79% or 23.15 points to trade at 376.50 at the close. Cairn India Limited (NSE:CAIL) declined 3.36% or 7.50 points to end at 215.45 and Wipro Ltd. (NSE:WIPR) was down 3.13% or 19.75 points to 612.15.

The top performers on the BSE Sensex 30 were Hindalco Industries Ltd. (BO:HALC) which rose 2.97% to 133.550, Infosys Ltd (BO:INFY) which was up 2.68% to settle at 2201.950 and State Bank Of India (BO:SBI) which gained 2.59% to close at 263.550.

The worst performers were Bharti Airtel Ltd. (BO:BRTI) which was down 5.64% to 376.200 in late trade, Wipro Ltd. (BO:WIPR) which lost 3.45% to settle at 612.000 and Reliance Industries Ltd (BO:RELI) which was down 2.27% to 811.750 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 860 to 564 and 4 ended unchanged; on the Bombay Stock Exchange, 349 fell and 233 advanced.

Shares in Cairn India Limited (NSE:CAIL) fell to 3-year lows; down 3.36% or 7.50 to 215.45. Shares in Reliance Industries Ltd (BO:RELI) fell to 52-week lows; down 2.27% or 18.850 to 811.750.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 4.37% to 14.5000.

Gold for April delivery was down 0.55% or 6.60 to $1198.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.92% or 0.98 to hit $50.45 a barrel, while the May Brent oil contract fell 1.37% or 0.81 to trade at $58.38 a barrel.

USD/INR was down 0.63% to 62.585, while EUR/INR fell 0.98% to 67.7205.

The US Dollar Index was up 0.44% at 97.97.

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