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India stocks lower at close of trade; S&P CNX Nifty down 0.29%

Published 2015-07-28, 06:45 a/m
© Reuters.  India stocks lower at close of trade; S&P CNX Nifty down 0.29%
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Investing.com – India stocks were lower after the close on Tuesday, as losses in the Real Estate, Healthcare and Metals sectors led shares lower.

At the close in NSE, the S&P CNX Nifty lost 0.29%, while the BSE Sensex 30 index lost 0.37%.

The best performers of the session on the S&P CNX Nifty were Punjab National Bank (NSE:PNBK), which rose 4.96% or 6.70 points to trade at 141.85 at the close. Meanwhile, Bharat Heavy Electricals Ltd. (NSE:BHEL) added 2.54% or 6.90 points to end at 278.90 and NTPC Limited (NSE:NTPC) was up 2.12% or 2.85 points to 137.05 in late trade.

The worst performers of the session were NMDC Ltd (NSE:NMDC), which fell 4.88% or 5.40 points to trade at 105.25 at the close. Hero MotoCorp Limited (NSE:HROM) declined 2.82% or 73.55 points to end at 2531.50 and Dr. Reddy's Laboratories Ltd. (NSE:REDY) was down 2.74% or 105.75 points to 3749.10.

The top performers on the BSE Sensex 30 were Bharat Heavy Electricals Ltd. (BO:BHEL) which rose 2.24% to 278.25, NTPC Limited (BO:NTPC) which was up 2.05% to settle at 136.85 and HDFC Bank Ltd. (BO:HDBK) which gained 1.10% to close at 1107.40.

The worst performers were Dr. Reddy's Laboratories Ltd. (BO:REDY) which was down 2.85% to 3746.65 in late trade, Hero MotoCorp Limited (BO:HROM) which lost 2.84% to settle at 2531.55 and Housing Development Finance Corp. (BO:HDFC) which was down 2.49% to 1302.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 766 to 671 and 9 ended unchanged; on the Bombay Stock Exchange, 448 fell and 309 advanced, while 3 ended unchanged.

Shares in NMDC Ltd (NSE:NMDC) fell to 52-week lows; losing 4.88% or 5.40 to 105.25.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was down 2.78% to 15.9150.

Gold for December delivery was down 0.42% or 4.60 to $1092.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.64% or 0.30 to hit $47.09 a barrel, while the September Brent oil contract fell 1.29% or 0.69 to trade at $52.78 a barrel.

USD/INR was down 0.50% to 63.930, while EUR/INR fell 0.95% to 70.5520.

The US Dollar Index was up 0.38% at 96.99.

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