Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

India stocks lower at close of trade; Nifty 50 down 0.21%

Published 12/05/2019, 05:45 AM
Updated 12/05/2019, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.21%

Investing.com – India stocks were lower after the close on Thursday, as losses in the Metals, Public Sector Undertakings and Oil & Gas sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.21%, while the BSE Sensex 30 index lost 0.17%.

The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 6.18% or 17.40 points to trade at 300.05 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 2.01% or 41.70 points to end at 2121.30 and ITC Ltd (NS:ITC) was up 1.58% or 3.85 points to 246.95 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 3.52% or 9.15 points to trade at 251.45 at the close. Coal India Ltd (NS:COAL) declined 3.38% or 6.85 points to end at 196.40 and Bharti Airtel Ltd. (NS:BRTI) was down 2.65% or 12.25 points to 447.35.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 2.04% to 2121.50, ITC Ltd (BO:ITC) which was up 1.54% to settle at 246.90 and Larsen & Toubro Ltd (BO:LART) which gained 1.28% to close at 1301.65.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.96% to 447.20 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.31% to settle at 399.65 and IndusInd Bank Ltd. (BO:INBK) which was down 2.21% to 1509.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 882 to 663 and 81 ended unchanged; on the Bombay Stock Exchange, 1295 fell and 1076 advanced, while 177 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 7.37% to 14.3050 a new 3-months low.

Gold Futures for February delivery was down 0.08% or 1.15 to $1479.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.05% or 0.03 to hit $58.46 a barrel, while the February Brent oil contract rose 0.38% or 0.24 to trade at $63.24 a barrel.

USD/INR was down 0.14% to 71.370, while EUR/INR rose 0.04% to 79.1890.

The US Dollar Index Futures was down 0.13% at 97.475.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.