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India shares lower at close of trade; Nifty 50 down 0.29%

Published 2019-04-19, 06:45 a/m
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.29%
NSEI
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BPCL
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HALC
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Investing.com – India equities were lower at the close on Friday, as losses in the Real Estate, Power and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.29%, while the BSE Sensex 30 index declined 0.34%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.14% or 42.20 points to trade at 1385.95 at the close. Tata Motors Ltd (NS:TAMO) added 2.49% or 5.75 points to end at 236.25 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 1.51% or 5.40 points to 362.90 in late trade.

Biggest losers included Yes Bank Ltd (NS:YESB), which lost 4.00% or 10.65 points to trade at 255.80 in late trade. Indiabulls Housing Finance Ltd (NS:INBF) declined 3.83% or 31.90 points to end at 800.55 and Hindalco Industries Ltd. (NS:HALC) shed 3.61% or 7.75 points to 207.20.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 2.79% to 1382.90, Tata Motors Ltd (BO:TAMO) which was up 2.32% to settle at 235.90 and Tata Motors Ltd DVR (BO:TAMdv) which gained 2.20% to close at 113.65.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 4.18% to 255.30 in late trade, Vedanta Ltd (BO:VDAN) which lost 3.51% to settle at 178.70 and IndusInd Bank Ltd. (BO:INBK) which was down 2.86% to 1764.00 at the close.

Declining stocks outnumbered rising ones by 0 to 0; on the Bombay Stock Exchange, 0 fell and 0 advanced on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.81% to 22.7350 a new 3-year high.

In commodities trading, Gold Futures for June delivery was down 0.01% or 0.01 to $1277.90 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.38% or 0.24 to hit $64.00 a barrel, while the June Brent oil contract fell 0.04% or 0.03 to trade at $71.95 a barrel.

USD/INR was down 0.06% to 69.377, while EUR/INR rose 0.15% to 78.0370.

The US Dollar Index Futures was up 0.49% at 97.132.

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