India shares lower at close of trade; Nifty 50 down 1.77%

  • Investing.com
  • Stock Market News
India shares lower at close of trade; Nifty 50 down 1.77%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Friday, as losses in the Banking , Carbon and Auto sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 1.77%, while the BSE Sensex 30 index lost 1.98%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS: ONGC ), which rose 3.94% or 4.10 points to trade at 108.15 at the close. Coal India Ltd (NS: COAL ) added 3.90% or 5.00 points to end at 133.05 and Divi's Laboratories Ltd. (NS: DIVI ) was up 3.87% or 151.50 points to 4062.35 in late trade.

Biggest losers included Housing Development Finance Corporation Ltd (NS: HDFC ), which lost 4.68% or 118.75 points to trade at 2420.10 in late trade. HDFC Bank Ltd (NS: HDBK ) declined 4.09% or 60.20 points to end at 1412.30 and ICICI Bank Ltd (NS: ICBK ) shed 3.37% or 20.95 points to 600.50.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO: ONGC ) which rose 4.32% to 108.55, Sun Pharmaceutical Industries Ltd. (BO: SUN ) which was up 1.57% to settle at 654.70 and Dr. Reddy’s Laboratories Ltd (BO: REDY ) which gained 1.23% to close at 5164.30.

The worst performers were Housing Development Finance Corporation Ltd (BO: HDFC ) which was down 4.38% to 2420.15 in late trade, HDFC Bank Ltd (BO: HDBK ) which lost 4.09% to settle at 1412.20 and ICICI Bank Ltd (BO: ICBK ) which was down 3.36% to 600.40 at the close.

Declining stocks outnumbered rising ones by 904 to 719 and 78 ended unchanged; on the Bombay Stock Exchange, 1524 fell and 1304 advanced, while 161 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 1.19% to 23.0275.

In commodities trading, Gold Futures for June delivery was up 0.01% or 0.25 to $1768.55 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.58% or 1.03 to hit $63.98 a barrel, while the July Brent oil contract fell 1.37% or 0.93 to trade at $67.12 a barrel.

USD/INR was down 0.05% to 74.053, while EUR/INR fell 0.32% to 89.4975.

The US Dollar Index Futures was up 0.26% at 90.825.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100