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India stocks lower at close of trade; Nifty 50 down 0.80%

Published 2015-11-13, 05:45 a/m
India stocks lower at close of trade; Nifty 50 down 0.80%

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

At the close in NSE, the Nifty 50 declined 0.80% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.99%.

The best performers of the session on the Nifty 50 were Coal India Limited (NS:COAL), which rose 2.88% or 9.45 points to trade at 337.70 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 2.14% or 14.05 points to end at 669.60 and Punjab National Bank (NS:PNBK) was up 2.01% or 2.70 points to 136.85 in late trade.

The worst performers of the session were Cairn India Limited (NS:CAIL), which fell 5.46% or 7.55 points to trade at 130.70 at the close. Vedanta Ltd (NS:VDAN) declined 4.12% or 3.75 points to end at 87.25 and Cipla Ltd. (NS:CIPL) was down 3.95% or 25.40 points to 617.90.

The top performers on the BSE Sensex 30 were Coal India Limited (BO:COAL) which rose 2.60% to 337.65, Bharti Airtel Ltd (BO:BRTI) which was up 0.89% to settle at 334.05 and Dr. Reddy's Laboratories Ltd. (BO:REDY) which gained 0.88% to close at 3384.45.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 4.23% to 87.25 in late trade, Cipla Ltd. (BO:CIPL) which lost 3.76% to settle at 618.60 and Hindalco Industries Ltd. (BO:HALC) which was down 3.30% to 77.60 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 994 to 454 and 6 ended unchanged; on the Bombay Stock Exchange, 569 fell and 217 advanced, while 15 ended unchanged.

The India Vix, which measures the implied volatility of Nifty 50 options, was up 4.42% to 17.6525.

Gold for December delivery was up 0.17% or 1.80 to $1082.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.50% or 0.21 to hit $41.96 a barrel, while the January Brent oil contract rose 1.27% or 0.57 to trade at $45.77 a barrel.

USD/INR was up 0.23% to 66.186, while EUR/INR fell 0.21% to 71.2810.

The US Dollar Index was up 0.30% at 98.86.

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