India shares lower at close of trade; Nifty 50 down 1.24%

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India shares lower at close of trade; Nifty 50 down 1.24%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Thursday, as losses in the IT , Technology and Real Estate sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.24%, while the BSE Sensex 30 index lost 1.29%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd (NS: HROM ), which rose 2.93% or 79.10 points to trade at 2781.50 at the close. Bajaj Auto Ltd (NS: BAJA ) added 2.44% or 86.10 points to end at 3621.10 and Divi's Laboratories Ltd. (NS: DIVI ) was up 1.01% or 42.80 points to 4262.45 in late trade.

Biggest losers included Housing Development Finance Corporation Ltd (NS: HDFC ), which lost 3.26% or 85.15 points to trade at 2527.80 in late trade. NTPC Ltd (NS: NTPC ) declined 3.19% or 4.50 points to end at 136.65 and Oil And Natural Gas Corporation Ltd (NS: ONGC ) shed 2.98% or 5.10 points to 166.20.

The top performers on the BSE Sensex 30 were ITC Ltd (BO: ITC ) which rose 1.14% to 234.30, Maruti Suzuki India Ltd. (BO: MRTI ) which was up 0.86% to settle at 8590.15 and Titan Company Ltd (BO: TITN ) which gained 0.46% to close at 2475.45.

The worst performers were Housing Development Finance Corporation Ltd (BO: HDFC ) which was down 3.23% to 2527.75 in late trade, NTPC Ltd (BO: NTPC ) which lost 3.05% to settle at 136.60 and Infosys Ltd (BO: INFY ) which was down 2.76% to 1738.70 at the close.

Declining stocks outnumbered rising ones by 971 to 841 and 22 ended unchanged; on the Bombay Stock Exchange, 1680 rose and 1572 declined, while 82 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 2.73% to 19.1600.

In commodities trading, Gold Futures for April delivery was down 0.34% or 6.15 to $1804.15 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.48% or 1.31 to hit $86.95 a barrel, while the April Brent oil contract fell 1.36% or 1.22 to trade at $88.25 a barrel.

USD/INR was up 0.11% to 74.900, while EUR/INR fell 0.07% to 84.4790.

The US Dollar Index Futures was up 0.28% at 96.207.

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