India shares lower at close of trade; Nifty 50 down 0.57%

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India shares lower at close of trade; Nifty 50 down 0.57%

Investing.com – India equities were lower at the close on Friday, as losses in the Auto , Public Sector Undertakings and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 0.57%, while the BSE Sensex 30 index lost 0.49%.

The biggest gainers of the session on the Nifty 50 were POWER GRID CORPORATION OF INDIA (NS: PGRD ), which rose 1.83% or 3.70 points to trade at 206.00 at the close. Sun Pharmaceutical Industries Ltd. (NS: SUN ) added 0.95% or 5.10 points to end at 543.80 and Aurobindo Pharma Ltd. (NS: ARBN ) was up 0.95% or 6.30 points to 672.25 in late trade.

Biggest losers included Bank Of Baroda (NS: BOB ), which lost 2.60% or 4.30 points to trade at 160.85 in late trade. Indian Oil Corporation Ltd. (NS: IOC ) declined 2.57% or 10.10 points to end at 383.40 and Tata Motors Ltd (NS: TAMO ) shed 2.11% or 9.55 points to 443.15.

The top performers on the BSE Sensex 30 were POWER GRID CORPORATION OF INDIA (BO: PGRD ) which rose 1.84% to 205.30, Sun Pharmaceutical Industries Ltd. (BO: SUN ) which was up 0.97% to settle at 543.95 and Wipro Ltd (BO: WIPR ) which gained 0.86% to close at 256.85.

The worst performers were Tata Motors Ltd (BO: TAMO ) which was down 2.14% to 443.10 in late trade, Hero MotoCorp Limited (BO: HROM ) which lost 1.95% to settle at 3660.30 and State Bank Of India (BO: SBI ) which was down 1.94% to 288.85 at the close.

Declining stocks outnumbered rising ones by 1252 to 300 and 11 ended unchanged; on the Bombay Stock Exchange, 1901 fell and 651 advanced, while 128 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 3.12% to 11.5575.

In commodities trading, Gold Futures for August delivery was up 0.74% or 9.20 to $1258.60 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.14% or 0.06 to hit $42.80 a barrel, while the August Brent oil contract rose 0.15% or 0.07 to trade at $45.29 a barrel.

USD/INR was down 0.09% to 64.530, while EUR/INR fell 0.03% to 72.0274.

The US Dollar Index Futures was down 0.16% at 97.10.

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