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India stocks lower at close of trade; Nifty 50 down 0.23%

Published 08/26/2016, 06:45 AM
Updated 08/26/2016, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.23%

Investing.com – India stocks were lower after the close on Friday, as losses in the IT, Capital Goods and Real Estate sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.23%, while the BSE Sensex 30 index fell 0.19%.

The best performers of the session on the Nifty 50 were Tata Motors DV Ltd (NS:TAMdv), which rose 3.31% or 10.55 points to trade at 329.55 at the close. Meanwhile, Bharti Infratel Limited (NS:BHRI) added 2.21% or 7.500 points to end at 346.850 and Tata Motors Ltd . (NS:TAMO) was up 2.00% or 9.90 points to 503.75 in late trade.

The worst performers of the session were Wipro Ltd . (NS:WIPR), which fell 2.78% or 14.00 points to trade at 490.00 at the close. HCL Technologies Ltd (NS:HCLT) declined 2.42% or 19.30 points to end at 778.75 and Bank Of Baroda (NS:BOB) was down 2.25% or 3.65 points to 158.30.

The top performers on the BSE Sensex 30 were Tata Motors Ltd. (BO:TAMO) which rose 2.01% to 503.65, Gail (India) Ltd. (BO:GAIL) which was up 1.61% to settle at 379.20 and Reliance Industries Ltd (BO:RELI) which gained 1.44% to close at 1027.70.

The worst performers were Wipro Ltd. (BO:WIPR) which was down 3.00% to 489.95 in late trade, Larsen & Toubro Limited (BO:LART) which lost 2.02% to settle at 1427.85 and Infosys Ltd (BO:INFY) which was down 1.52% to 1020.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 959 to 503 and 72 ended unchanged; on the Bombay Stock Exchange, 1015 fell and 565 advanced, while 84 ended unchanged.

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Shares in Wipro Ltd. (NS:WIPR) fell to 52-week lows; falling 2.78% or 14.00 to 490.00. Shares in Wipro Ltd. (BO:WIPR) fell to 52-week lows; losing 3.00% or 15.15 to 489.95.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 2.15% to 13.5700.

Gold for December delivery was up 0.31% or 4.10 to $1328.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.23% or 0.11 to hit $47.22 a barrel, while the October Brent oil contract fell 0.52% or 0.26 to trade at $49.41 a barrel.

USD/INR was up 0.07% to 67.058, while EUR/INR rose 0.08% to 75.6870.

The US Dollar Index was down 0.04% at 94.64.

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