India shares lower at close of trade; Nifty 50 down 0.82%

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India shares lower at close of trade; Nifty 50 down 0.82%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Tuesday, as losses in the Metals , Real Estate and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.82%, while the BSE Sensex 30 index lost 0.66%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd (NS: AXBK ), which rose 1.58% or 12.40 points to trade at 798.45 at the close. Kotak Mahindra Bank Ltd. (NS: KTKM ) added 1.03% or 18.40 points to end at 1,801.85 and Power Grid Corporation of India Ltd (NS: PGRD ) was up 0.76% or 1.75 points to 232.65 in late trade.

Biggest losers included Hindalco Industries Ltd. (NS: HALC ), which lost 5.90% or 34.00 points to trade at 542.35 in late trade. Coal India Ltd (NS: COAL ) declined 5.30% or 10.40 points to end at 186.00 and Grasim Industries Ltd (NS: GRAS ) shed 3.55% or 64.65 points to 1,755.50.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO: AXBK ) which rose 1.67% to 798.55, Kotak Mahindra Bank Ltd. (BO: KTKM ) which was up 1.05% to settle at 1,801.50 and Power Grid Corporation of India Ltd (BO: PGRD ) which gained 0.82% to close at 232.80.

The worst performers were Tata Steel Ltd (BO: TISC ) which was down 2.76% to 1,320.55 in late trade, Tech Mahindra Ltd (BO: TEML ) which lost 2.26% to settle at 1,415.95 and Wipro Ltd (BO: WIPR ) which was down 2.16% to 558.85 at the close.

Declining stocks outnumbered rising ones by 1398 to 439 and 23 ended unchanged; on the Bombay Stock Exchange, 2174 fell and 1129 advanced, while 94 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 0.62% to 18.16.

In commodities trading, Gold Futures for June delivery was up 0.35% or 6.80 to $1,955.00 a troy ounce. Meanwhile, Crude oil for delivery in May rose 4.02% or 3.79 to hit $98.08 a barrel, while the June Brent oil contract rose 4.36% or 4.29 to trade at $102.77 a barrel.

USD/INR was up 0.38% to 76.12, while EUR/INR rose 0.29% to 82.75.

The US Dollar Index Futures was up 0.16% at 100.09.

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