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 0.38%

Published 01/16/2018, 05:45 AM
Updated 01/16/2018, 05:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.38%

Investing.com – India stocks were lower after the close on Tuesday, as losses in the Real Estate, Metals and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.38%, while the BSE Sensex 30 index lost 0.21%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 5.90% or 18.60 points to trade at 331.95 at the close. Meanwhile, HCL Technologies Ltd (NS:HCLT) added 4.40% or 40.05 points to end at 949.25 and Infosys Ltd (NS:INFY) was up 3.86% or 41.70 points to 1122.85 in late trade.

The worst performers of the session were Coal India Ltd (NS:COAL), which fell 4.87% or 14.90 points to trade at 291.60 at the close. Hindustan Petroleum Corporation Ltd (NS:HPCL) declined 3.53% or 15.05 points to end at 410.40 and Bajaj Finance Ltd (NS:BJFN) was down 2.66% or 46.15 points to 1687.35.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 4.88% to 331.90, Infosys Ltd (BO:INFY) which was up 3.93% to settle at 1122.90 and Tata Consultancy Services Ltd. (BO:TCS) which gained 3.77% to close at 2850.85.

The worst performers were Coal India Ltd (BO:COAL) which was down 4.57% to 291.50 in late trade, Reliance Industries Ltd (BO:RELI) which lost 2.54% to settle at 923.50 and Tata Motors Ltd (BO:TAMO) which was down 2.30% to 421.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1359 to 273 and 20 ended unchanged; on the Bombay Stock Exchange, 2171 fell and 717 advanced, while 108 ended unchanged.

Shares in Wipro Ltd (NS:WIPR) rose to 52-week highs; up 5.90% or 18.60 to 331.95. Shares in HCL Technologies Ltd (NS:HCLT) rose to 52-week highs; up 4.40% or 40.05 to 949.25. Shares in Infosys Ltd (NS:INFY) rose to 52-week highs; up 3.86% or 41.70 to 1122.85. Shares in Wipro Ltd (BO:WIPR) rose to 52-week highs; gaining 4.88% or 15.45 to 331.90. Shares in Infosys Ltd (BO:INFY) rose to 52-week highs; rising 3.93% or 42.50 to 1122.90. Shares in Tata Consultancy Services Ltd. (BO:TCS) rose to all time highs; rising 3.77% or 103.65 to 2850.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.54% to 14.0850.

Gold Futures for February delivery was down 0.16% or 2.20 to $1332.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.20% or 0.13 to hit $64.17 a barrel, while the March Brent oil contract fell 0.95% or 0.67 to trade at $69.59 a barrel.

USD/INR was up 0.94% to 64.115, while EUR/INR rose 0.47% to 78.2630.

The US Dollar Index Futures was up 0.43% at 90.52.

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.