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India shares lower at close of trade; Nifty 50 down 0.10%

Published 2020-09-18, 06:45 a/m
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.10%
NSEI
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NIFVIX
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BJFS
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BRTI
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CIPL
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REDY
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HDBK
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KTKM
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MAHM
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MRTI
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APSE
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SHCM
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TEML
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BSESN
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BSECD
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BSESCGIP
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BSEBANK
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Investing.com – India equities were lower at the close on Friday, as losses in the Banking, Consumer Durables and Fast Moving Consumer Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.10%, while the BSE Sensex 30 index lost 0.34%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 9.92% or 478.75 points to trade at 5306.00 at the close. Cipla Ltd. (NS:CIPL) added 7.11% or 53.40 points to end at 804.90 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 3.76% or 13.00 points to 359.10 in late trade.

Biggest losers included HDFC Bank Ltd (NS:HDBK), which lost 2.28% or 24.70 points to trade at 1058.90 in late trade. Shree Cements Ltd. (NS:SHCM) declined 2.00% or 397.65 points to end at 19490.75 and Kotak Mahindra Bank Ltd. (NS:KTKM) shed 1.85% or 24.10 points to 1281.00.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.73% to 496.70, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 2.79% to settle at 654.90 and Tech Mahindra Ltd (BO:TEML) which gained 2.67% to close at 808.00.

The worst performers were HDFC Bank Ltd (BO:HDBK) which was down 2.39% to 1057.40 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 1.88% to settle at 6952.00 and Bajaj Finserv Ltd (BO:BJFS) which was down 1.82% to 5897.50 at the close.

Declining stocks outnumbered rising ones by 888 to 724 and 78 ended unchanged; on the Bombay Stock Exchange, 1389 fell and 1254 advanced, while 163 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.27% to 20.0450.

In commodities trading, Gold Futures for December delivery was up 0.59% or 11.60 to $1961.50 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.41% or 0.17 to hit $41.14 a barrel, while the November Brent oil contract rose 0.53% or 0.23 to trade at $43.53 a barrel.

USD/INR was down 0.25% to 73.419, while EUR/INR fell 0.28% to 86.9470.

The US Dollar Index Futures was down 0.08% at 92.898.

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