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India shares lower at close of trade; Nifty 50 down 0.09%

Published 2017/07/07, 12:45
© Reuters.  India shares lower at close of trade; Nifty 50 down 0.09%
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Investing.com – India equities were lower at the close on Friday, as losses in the IT, Technology and Consumer Durables sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.09%, while the BSE Sensex 30 index fell 0.03%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd (NS:RELI), which rose 3.37% or 48.60 points to trade at 1491.15 at the close. Lupin Ltd (NS:LUPN) added 3.33% or 36.00 points to end at 1117.30 and Aurobindo Pharma Ltd. (NS:ARBN) was up 2.00% or 13.65 points to 697.05 in late trade.

Biggest losers included Bharti Infratel Ltd (NS:BHRI), which lost 2.50% or 10.35 points to trade at 404.35 in late trade. Grasim Industries Ltd (NS:GRAS) declined 1.69% or 21.55 points to end at 1250.85 and Indiabulls Housing Finance Ltd (NS:INBF) shed 1.70% or 18.40 points to 1065.45.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 3.43% to 1490.80, Lupin Ltd (BO:LUPN) which was up 3.28% to settle at 1116.75 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.39% to close at 2705.10.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 1.28% to 289.80 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 1.25% to settle at 503.30 and Infosys Ltd (BO:INFY) which was down 1.21% to 936.00 at the close.

Advancing stocks outnumbered falling ones by 795 to 763 and 10 ended unchanged; on the Bombay Stock Exchange, 1357 rose and 1248 declined, while 127 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.05% to 10.8675.

In commodities trading, Gold Futures for August delivery was down 0.20% or 2.44 to $1220.86 a troy ounce. Meanwhile, Crude oil for delivery in August fell 3.14% or 1.43 to hit $44.09 a barrel, while the September Brent oil contract fell 2.99% or 1.44 to trade at $46.67 a barrel.

USD/INR was down 0.18% to 64.615, while EUR/INR fell 0.23% to 73.7690.

The US Dollar Index Futures was up 0.20% at 95.77.

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