Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

India stocks lower at close of trade; Nifty 50 down 0.93%

Published 07/30/2019, 06:45 AM
Updated 07/30/2019, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.93%

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

At the close in NSE, the Nifty 50 fell 0.93% to hit a new 3-months low, while the BSE Sensex 30 index lost 0.77%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 3.99% or 13.35 points to trade at 345.75 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 2.17% or 46.30 points to end at 2179.15 and HCL Technologies Ltd (NS:HCLT) was up 0.74% or 7.55 points to 1023.60 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 9.45% or 8.95 points to trade at 86.05 at the close. IndusInd Bank Ltd. (NS:INBK) declined 7.16% or 102.60 points to end at 1337.30 and Indiabulls Housing Finance Ltd (NS:INBF) was down 6.57% or 36.80 points to 523.90.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.19% to 345.60, Tata Consultancy Services Ltd. (BO:TCS) which was up 2.32% to settle at 2179.00 and HCL Technologies Ltd (BO:HCLT) which gained 0.83% to close at 1023.85.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 9.13% to 86.10 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 6.66% to settle at 1336.90 and Hero MotoCorp Ltd (BO:HROM) which was down 6.01% to 2259.35 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1326 to 258 and 51 ended unchanged; on the Bombay Stock Exchange, 1868 fell and 537 advanced, while 101 ended unchanged.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares in IndusInd Bank Ltd. (NS:INBK) fell to 52-week lows; down 7.16% or 102.60 to 1337.30. Shares in Indiabulls Housing Finance Ltd (NS:INBF) fell to 3-years lows; down 6.57% or 36.80 to 523.90. Shares in IndusInd Bank Ltd. (BO:INBK) fell to 52-week lows; down 6.66% or 95.45 to 1336.90. Shares in Hero MotoCorp Ltd (BO:HROM) fell to 5-year lows; losing 6.01% or 144.40 to 2259.35.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.21% to 13.6125.

Gold Futures for August delivery was up 0.51% or 7.30 to $1427.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.07% or 0.61 to hit $57.48 a barrel, while the October Brent oil contract rose 1.08% or 0.69 to trade at $64.31 a barrel.

USD/INR was up 0.15% to 68.850, while EUR/INR rose 0.18% to 76.7540.

The US Dollar Index Futures was up 0.02% at 97.812.

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.