Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

India stocks lower at close of trade; Nifty 50 down 0.09%

Published 07/07/2017, 06:45 AM
© Reuters.  India stocks lower at close of trade; Nifty 50 down 0.09%

Investing.com – India stocks were lower after the close on Friday, as losses in the IT, Technology and Consumer Durables sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.09%, while the BSE Sensex 30 index declined 0.03%.

The best performers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.37% or 48.60 points to trade at 1491.15 at the close. Meanwhile, Lupin Ltd (NS:LUPN) added 3.33% or 36.00 points to end at 1117.30 and Aurobindo Pharma Ltd. (NS:ARBN) was up 2.00% or 13.65 points to 697.05 in late trade.

The worst performers of the session were Bharti Infratel Ltd (NS:BHRI), which fell 2.50% or 10.35 points to trade at 404.35 at the close. Grasim Industries Ltd (NS:GRAS) declined 1.69% or 21.55 points to end at 1250.85 and Indiabulls Housing Finance Ltd (NS:INBF) was down 1.70% or 18.40 points to 1065.45.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.43% to 1490.80, Lupin Ltd (BO:LUPN) which was up 3.28% to settle at 1116.75 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.39% to close at 2705.10.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 1.28% to 289.80 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 1.25% to settle at 503.30 and Infosys Ltd (BO:INFY) which was down 1.21% to 936.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 795 to 763 and 10 ended unchanged; on the Bombay Stock Exchange, 1357 rose and 1248 declined, while 127 ended unchanged.

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

Shares in Reliance Industries Ltd (NS:RELI) rose to 5-year highs; up 3.37% or 48.60 to 1491.15. Shares in Reliance Industries Ltd (BO:RELI) rose to all time highs; up 3.43% or 49.40 to 1490.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.05% to 10.8675.

Gold Futures for August delivery was down 0.20% or 2.46 to $1220.84 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 3.10% or 1.41 to hit $44.11 a barrel, while the September Brent oil contract fell 2.99% or 1.44 to trade at $46.67 a barrel.

USD/INR was down 0.18% to 64.618, while EUR/INR fell 0.23% to 73.7657.

The US Dollar Index Futures was up 0.20% at 95.77.

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.