India shares lower at close of trade; Nifty 50 down 1.53%

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India shares lower at close of trade; Nifty 50 down 1.53%
Credit: © Reuters. – India equities were lower at the close on Friday, as losses in the Auto , Banking and Green Energy sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 1.53% to hit a new 1-month low, while the BSE Sensex 30 index declined 1.44%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd (NS: NTPC ), which rose 2.20% or 2.80 points to trade at 129.90 at the close. Titan Company Ltd (NS: TITN ) added 1.01% or 10.90 points to end at 1091.05 and Coal India Ltd (NS: COAL ) was up 0.82% or 1.80 points to 221.90 in late trade.

Biggest losers included Mahindra & Mahindra Ltd. (NS: MAHM ), which lost 4.39% or 26.20 points to trade at 571.30 in late trade. Bajaj Finance Ltd (NS: BJFN ) declined 4.20% or 145.65 points to end at 3323.10 and Eicher Motors Ltd. (NS: EICH ) shed 3.84% or 707.00 points to 17664.00.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO: NTPC ) which rose 2.32% to 130.00, Power Grid Corporation of India Ltd (BO: PGRD ) which was up 0.61% to settle at 206.60 and Tata Consultancy Services Ltd. (BO: TCS ) which gained 0.55% to close at 2076.95.

The worst performers were Mahindra & Mahindra Ltd. (BO: MAHM ) which was down 4.36% to 571.35 in late trade, Tata Motors Ltd DVR (BO: TAMdv ) which lost 4.16% to settle at 73.65 and Bajaj Finance Ltd (BO: BJFN ) which was down 4.16% to 3322.05 at the close.

Declining stocks outnumbered rising ones by 1274 to 321 and 50 ended unchanged; on the Bombay Stock Exchange, 1797 fell and 643 advanced, while 123 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 6.51% to 12.5150.

In commodities trading, Gold Futures for August delivery was up 0.74% or 10.55 to $1438.65 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.36% or 0.75 to hit $56.05 a barrel, while the September Brent oil contract rose 1.65% or 1.02 to trade at $62.95 a barrel.

USD/INR was up 0.06% to 68.891, while EUR/INR fell 0.28% to 77.4095.

The US Dollar Index Futures was up 0.22% at 96.657.

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