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India shares lower at close of trade; Nifty 50 down 1.11%

Published 2019-01-03, 05:45 a/m
© Reuters.  India shares lower at close of trade; Nifty 50 down 1.11%
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Investing.com – India equities were lower at the close on Thursday, as losses in the Metals, Oil & Gas and Capital Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 1.11%, while the BSE Sensex 30 index declined 1.05%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 3.31% or 8.75 points to trade at 271.60 at the close. Bajaj Auto Ltd (NS:BAJA) added 0.11% or 3.00 points to end at 2701.35 and Asian Paints Ltd. (NS:ASPN) was up 0.27% or 3.70 points to 1388.30 in late trade.

Biggest losers included Eicher Motors Ltd. (NS:EICH), which lost 4.22% or 893.30 points to trade at 20211.45 in late trade. Indian Oil Corporation Ltd (NS:IOC) declined 3.32% or 4.55 points to end at 132.65 and Hindustan Petroleum Corporation Ltd (NS:HPCL) shed 3.47% or 8.90 points to 248.30.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 0.50% to 950.60, Bajaj Auto Ltd (BO:BAJA) which was up 0.41% to settle at 2700.40 and Asian Paints Ltd. (BO:ASPN) which gained 0.32% to close at 1386.00.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 3.04% to 718.95 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 2.98% to settle at 143.20 and Vedanta Ltd (BO:VDAN) which was down 2.64% to 188.00 at the close.

Declining stocks outnumbered rising ones by 1096 to 468 and 72 ended unchanged; on the Bombay Stock Exchange, 1563 fell and 914 advanced, while 144 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.46% to 16.7900.

In commodities trading, Gold Futures for February delivery was up 0.44% or 5.60 to $1289.70 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.82% or 0.38 to hit $46.16 a barrel, while the March Brent oil contract fell 0.13% or 0.07 to trade at $54.84 a barrel.

USD/INR was up 0.18% to 70.121, while EUR/INR rose 0.44% to 79.7205.

The US Dollar Index Futures was down 0.30% at 96.130.

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