India shares lower at close of trade; Nifty 50 down 0.71%

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India shares lower at close of trade; Nifty 50 down 0.71%
Credit: © Reuters. – India equities were lower at the close on Friday, as losses in the Metals , Real Estate and Public Sector Undertakings sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.71%, while the BSE Sensex 30 index declined 0.54%.

The biggest gainers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS: HLL ), which rose 5.36% or 133.35 points to trade at 2619.40 at the close. Britannia Industries Ltd (NS: BRIT ) added 4.71% or 175.20 points to end at 3895.95 and Asian Paints Ltd. (NS: ASPN ) was up 3.71% or 111.40 points to 3112.95 in late trade.

Biggest losers included Tata Steel Ltd (NS: TISC ), which lost 8.32% or 124.85 points to trade at 1375.60 in late trade. JSW Steel Ltd (NS: JSTL ) declined 7.17% or 52.85 points to end at 684.60 and Hindalco Industries Ltd. (NS: HALC ) shed 5.46% or 23.30 points to 403.65.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO: HLL ) which rose 5.37% to 2617.55, Asian Paints Ltd. (BO: ASPN ) which was up 3.64% to settle at 3112.70 and Nestle India Ltd (BO: NEST ) which gained 3.40% to close at 19552.80.

The worst performers were Tata Steel Ltd (BO: TISC ) which was down 8.27% to 1375.80 in late trade, State Bank Of India (BO: SBI ) which lost 3.07% to settle at 406.95 and Dr. Reddy’s Laboratories Ltd (BO: REDY ) which was down 2.81% to 4554.30 at the close.

Declining stocks outnumbered rising ones by 1433 to 267 and 26 ended unchanged; on the Bombay Stock Exchange, 2339 fell and 698 advanced, while 119 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 8.60% to 14.0150 a new 1-month high.

In commodities trading, Gold Futures for December delivery was up 0.18% or 3.15 to $1786.25 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.66% or 0.42 to hit $63.08 a barrel, while the October Brent oil contract fell 0.63% or 0.42 to trade at $66.03 a barrel.

USD/INR was down 0.03% to 74.350, while EUR/INR rose 0.05% to 86.8670.

The US Dollar Index Futures was up 0.01% at 93.602.

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