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India stocks lower at close of trade; Nifty 50 down 0.56%

Published 04/25/2016, 06:45 AM
India stocks lower at close of trade; Nifty 50 down 0.56%
NSEI
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NIFVIX
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BAJA
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BPCL
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BRTI
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CAIL
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HALC
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RELI
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VDAN
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TCS
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BSESN
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BSEMET
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BSEPOWER
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BSEPSU
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Investing.com – India stocks were lower after the close on Monday, as losses in the Power, Metals and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.56%, while the BSE Sensex 30 index lost 0.62%.

The best performers of the session on the Nifty 50 were Bharti Airtel Ltd. (NS:BRTI), which rose 1.66% or 5.85 points to trade at 358.95 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 1.41% or 34.20 points to end at 2451.25 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 1.28% or 12.40 points to 978.30 in late trade.

The worst performers of the session were Cairn India Limited (NS:CAIL), which fell 4.35% or 6.60 points to trade at 145.05 at the close. Vedanta Ltd (NS:VDAN) declined 2.76% or 2.90 points to end at 102.00 and Hindalco Industries Ltd. (NS:HALC) was down 2.67% or 2.70 points to 98.40.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 1.63% to 358.85, Tata Consultancy Services Ltd. (BO:TCS) which was up 1.29% to settle at 2448.30 and Bajaj Auto Limited (BO:BAJA) which gained 0.71% to close at 2539.05.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 2.67% to 102.05 in late trade, Hindalco Industries Ltd. (BO:HALC) which lost 2.63% to settle at 98.30 and Reliance Industries Ltd (BO:RELI) which was down 2.18% to 1016.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 909 to 532 and 57 ended unchanged; on the Bombay Stock Exchange, 522 fell and 307 advanced, while 27 ended unchanged.

Shares in Bharat Petroleum Corp. Ltd. (NS:BPCL) rose to all time highs; gaining 1.28% or 12.40 to 978.30.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 1.18% to 16.5725.

Gold for June delivery was up 0.35% or 4.30 to $1234.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.17% or 0.51 to hit $43.22 a barrel, while the July Brent oil contract fell 1.07% or 0.48 to trade at $44.59 a barrel.

USD/INR was unchanged 0.00% to 66.660, while EUR/INR rose 0.20% to 74.9890.

The US Dollar Index was down 0.25% at 94.87.

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