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India stocks lower at close of trade; S&P CNX Nifty down 1.44%

Published 2015-08-20, 06:45 a/m
India stocks lower at close of trade; S&P CNX Nifty down 1.44%
USD/INR
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EUR/INR
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RDY
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NSEI
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NIFVIX
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AXBK
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BPCL
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CAIL
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ITC
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LUPN
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PNBK
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RELI
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VDAN
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SUN
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YESB
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BSESN
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BSEMET
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BSEREAL
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BSEBANK
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Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, Metals and Banking sectors led shares lower.

At the close in NSE, the S&P CNX Nifty fell 1.44%, while the BSE Sensex 30 index fell 1.16%.

The best performers of the session on the S&P CNX Nifty were Lupin Ltd (NSE:LUPN), which rose 5.30% or 95.15 points to trade at 1890.55 at the close. Meanwhile, ITC Ltd (NSE:ITC) added 3.93% or 12.45 points to end at 329.35 and Bharat Petroleum Corp. Ltd. (NSE:BPCL) was up 1.69% or 14.95 points to 902.05 in late trade.

The worst performers of the session were Yes Bank Ltd. (NSE:YESB), which fell 7.00% or 54.20 points to trade at 720.05 at the close. Cairn India Limited (NSE:CAIL) declined 6.33% or 9.60 points to end at 142.00 and Punjab National Bank (NSE:PNBK) was down 5.36% or 9.00 points to 159.00.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 3.90% to 329.00, Dr. Reddy's Laboratories Ltd. (BO:REDY) which was up 1.54% to settle at 4297.00 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 0.91% to close at 935.65.

The worst performers were Vedanta Ltd (BO:VDAN) which was down 4.00% to 98.50 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 3.68% to settle at 534.20 and Reliance Industries Ltd (BO:RELI) which was down 3.55% to 918.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1170 to 255 and 7 ended unchanged; on the Bombay Stock Exchange, 625 fell and 130 advanced.

Shares in Cairn India Limited (NSE:CAIL) fell to 5-year lows; down 6.33% or 9.60 to 142.00. Shares in Vedanta Ltd (BO:VDAN) fell to 3-years lows; down 4.00% or 4.10 to 98.50. Shares in Dr. Reddy's Laboratories Ltd. (BO:REDY) rose to all time highs; rising 1.54% or 65.15 to 4297.00.

The India Vix, which measures the implied volatility of S&P CNX Nifty options, was up 1.77% to 16.9750.

Gold for December delivery was up 0.98% or 11.10 to $1139.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.55% or 0.64 to hit $40.63 a barrel, while the October Brent oil contract fell 1.66% or 0.79 to trade at $46.38 a barrel.

USD/INR was up 0.60% to 65.480, while EUR/INR rose 1.02% to 73.1400.

The US Dollar Index was down 0.17% at 96.26.

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