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India shares lower at close of trade; Nifty 50 down 1.35%

Published 2019-04-22, 06:45 a/m
India shares lower at close of trade; Nifty 50 down 1.35%
NSEI
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NIFVIX
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BPCL
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BRTI
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INBK
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INFY
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RELI
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TCS
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TEML
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WIPR
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YESB
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BSESN
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BSEOIL
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BSEREAL
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BSEBANK
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SMMN
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Investing.com – India equities were lower at the close on Monday, as losses in the Oil & Gas, Real Estate and Banking sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.35%, while the BSE Sensex 30 index declined 1.26%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 1.21% or 3.45 points to trade at 288.25 at the close. Bharti Airtel Ltd. (NS:BRTI) added 1.46% or 5.05 points to end at 349.40 and Tech Mahindra Ltd (NS:TEML) was up 0.71% or 5.65 points to 805.35 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd (NS:INBF), which lost 9.07% or 72.60 points to trade at 733.95 in late trade. Yes Bank Ltd (NS:YESB) declined 6.92% or 17.70 points to end at 238.35 and Bharat Petroleum Corp. Ltd. (NS:BPCL) shed 6.32% or 22.95 points to 340.10.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 0.89% to 349.85, Tata Consultancy Services Ltd. (BO:TCS) which was up 0.88% to settle at 2164.35 and Infosys Ltd (BO:INFY) which gained 0.59% to close at 720.60.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 6.62% to 238.40 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 4.11% to settle at 1691.45 and Reliance Industries Ltd (BO:RELI) which was down 2.76% to 1344.80 at the close.

Declining stocks outnumbered rising ones by 1257 to 329 and 72 ended unchanged; on the Bombay Stock Exchange, 1715 fell and 708 advanced, while 164 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 5.78% to 24.0500 a new 3-year high.

In commodities trading, Gold Futures for June delivery was up 0.43% or 5.55 to $1281.55 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.28% or 1.46 to hit $65.53 a barrel, while the June Brent oil contract rose 2.43% or 1.75 to trade at $73.72 a barrel.

USD/INR was up 0.33% to 69.620, while EUR/INR rose 0.38% to 78.3350.

The US Dollar Index Futures was down 0.16% at 96.998.

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