Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

India stocks lower at close of trade; Nifty 50 down 0.86%

Stock Markets Nov 08, 2019 05:45AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. India stocks lower at close of trade; Nifty 50 down 0.86%

Investing.com – India stocks were lower after the close on Friday, as losses in the Fast Moving Consumer Goods, Public Sector Undertakings and Metals sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.86%, while the BSE Sensex 30 index lost 0.81%.

The best performers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 4.82% or 3.20 points to trade at 68.95 at the close. Meanwhile, IndusInd Bank Ltd. (NS:INBK) added 2.90% or 40.10 points to end at 1422.80 and ICICI Bank Ltd (NS:ICBK) was up 2.39% or 11.45 points to 489.45 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:BHRI), which fell 4.92% or 11.30 points to trade at 218.30 at the close. Sun Pharmaceutical Industries Ltd. (NS:SUN) declined 4.30% or 18.95 points to end at 422.10 and GAIL Ltd (NS:GAIL) was down 3.90% or 5.15 points to 127.05.

The top performers on the BSE Sensex 30 were Yes Bank Ltd (BO:YESB) which rose 3.76% to 69.00, IndusInd Bank Ltd. (BO:INBK) which was up 3.08% to settle at 1423.50 and ICICI Bank Ltd (BO:ICBK) which gained 2.25% to close at 489.45.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 4.23% to 421.80 in late trade, Vedanta Ltd (BO:VDAN) which lost 3.39% to settle at 155.50 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 2.64% to 138.35 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 961 to 582 and 75 ended unchanged; on the Bombay Stock Exchange, 1410 fell and 991 advanced, while 161 ended unchanged.

Shares in ICICI Bank Ltd (NS:ICBK) rose to all time highs; gaining 2.39% or 11.45 to 489.45. Shares in ICICI Bank Ltd (BO:ICBK) rose to all time highs; up 2.25% or 10.75 to 489.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.26% to 15.8550.

Gold Futures for December delivery was up 0.06% or 0.95 to $1467.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.56% or 0.89 to hit $56.26 a barrel, while the January Brent oil contract fell 1.49% or 0.93 to trade at $61.36 a barrel.

USD/INR was up 0.29% to 71.248, while EUR/INR rose 0.21% to 78.6570.

The US Dollar Index Futures was up 0.08% at 98.067.

India stocks lower at close of trade; Nifty 50 down 0.86%
 

Related Articles

Former Deutsche Bank co-CEO Anshu Jain dies
Former Deutsche Bank co-CEO Anshu Jain dies By Reuters - Aug 13, 2022 10

(Reuters) -Anshu Jain, a top finance executive best known for helping German lender Deutsche Bank AG (NYSE:DB) take on the largest Wall Street firms, died overnight on Saturday...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email