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India stocks lower at close of trade; Nifty 50 down 0.75%

Published 05/03/2016, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.75%
IBN
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NSEI
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NIFVIX
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ARBN
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BRTI
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BHEL
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CAIL
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COAL
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HDFC
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LUPN
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TTPW
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INUS
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BSESN
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SPBSITIP
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BSEMET
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BSEPSU
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the IT, Metals and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.75%, while the BSE Sensex 30 index fell 0.81%.

The best performers of the session on the Nifty 50 were Aurobindo Pharma Ltd. (NS:ARBN), which rose 4.34% or 33.40 points to trade at 803.25 at the close. Meanwhile, Bharti Airtel Ltd. (NS:BRTI) added 2.95% or 10.55 points to end at 368.35 and Bharti Infratel Limited (NS:BHRI) was up 2.13% or 8.000 points to 383.650 in late trade.

The worst performers of the session were Cairn India Limited (NS:CAIL), which fell 3.39% or 5.10 points to trade at 145.40 at the close. Coal India Limited (NS:COAL) declined 3.29% or 9.50 points to end at 279.15 and Lupin Ltd (NS:LUPN) was down 2.68% or 43.45 points to 1575.60.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 1.97% to 364.90, Tata Power Co. Ltd (BO:TTPW) which was up 1.35% to settle at 71.10 and Housing Development Finance Corp. (BO:HDFC) which gained 0.62% to close at 1099.50.

The worst performers were Coal India Limited (BO:COAL) which was down 3.07% to 279.85 in late trade, Bharat Heavy Electricals Ltd. (BO:BHEL) which lost 2.58% to settle at 124.50 and ICICI Bank Ltd. (BO:ICBK) which was down 2.47% to 221.35 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 823 to 604 and 67 ended unchanged; on the Bombay Stock Exchange, 517 fell and 319 advanced, while 22 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 2.16% to 17.4625.

Gold for June delivery was up 0.16% or 2.05 to $1297.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.30% or 0.58 to hit $44.20 a barrel, while the July Brent oil contract fell 0.98% or 0.45 to trade at $45.38 a barrel.

USD/INR was up 0.14% to 66.441, while EUR/INR rose 0.56% to 76.9610.

The US Dollar Index was down 0.35% at 92.21.

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