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 1.14%

Stock MarketsFeb 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 1.14%

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

At the close in NSE, the Nifty 50 declined 1.14%, while the BSE Sensex 30 index declined 1.15%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 7.55% or 23.10 points to trade at 326.05 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 1.09% or 14.00 points to end at 1299.40 and Lupin Ltd (NS:LUPN) was up 1.45% or 11.95 points to 830.75 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 17.88% or 32.70 points to trade at 150.70 at the close. Indiabulls Housing Finance Ltd (NS:INBF) declined 6.91% or 45.05 points to end at 613.90 and Vedanta Ltd (NS:VDAN) was down 5.41% or 8.85 points to 154.15.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 0.95% to 1295.55, Bharti Airtel Ltd (BO:BRTI) which was up 0.85% to settle at 313.60 and HCL Technologies Ltd (BO:HCLT) which gained 0.46% to close at 1065.90.

The worst performers were Tata Motors Ltd (BO:TAMO) which was down 17.28% to 151.30 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 13.72% to settle at 81.45 and Vedanta Ltd (BO:VDAN) which was down 5.75% to 154.05 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1074 to 508 and 61 ended unchanged; on the Bombay Stock Exchange, 1524 fell and 917 advanced, while 121 ended unchanged.

Shares in Tata Motors Ltd (NS:TAMO) fell to 5-year lows; falling 17.88% or 32.70 to 150.70. Shares in Indiabulls Housing Finance Ltd (NS:INBF) fell to 52-week lows; losing 6.91% or 45.05 to 613.90. Shares in Vedanta Ltd (NS:VDAN) fell to 52-week lows; losing 5.41% or 8.85 to 154.15. Shares in Tata Motors Ltd (BO:TAMO) fell to 5-year lows; down 17.28% or 31.60 to 151.30. Shares in Tata Motors Ltd DVR (BO:TAMdv) fell to 3-years lows; down 13.72% or 12.95 to 81.45. Shares in Vedanta Ltd (BO:VDAN) fell to 52-week lows; down 5.75% or 9.40 to 154.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.86% to 15.5675.

Gold Futures for April delivery was up 0.06% or 0.75 to $1314.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.19% or 0.10 to hit $52.54 a barrel, while the April Brent oil contract rose 0.24% or 0.15 to trade at $61.78 a barrel.

USD/INR was down 0.14% to 71.213, while EUR/INR fell 0.16% to 80.7450.

The US Dollar Index Futures was up 0.08% at 96.370.

India stocks lower at close of trade; Nifty 50 down 1.14%
 

Related Articles

Apple looks to boost production outside China- WSJ
Apple looks to boost production outside China- WSJ By Reuters - May 21, 2022

(Reuters) - Apple Inc (NASDAQ:AAPL) has told some of its contract manufacturers that it wants to increase production outside China, the Wall Street Journal reported, citing people...

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