India shares lower at close of trade; Nifty 50 down 0.65%

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India shares lower at close of trade; Nifty 50 down 0.65%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Thursday, as losses in the Power , Banking and Green Energy sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.65%, while the BSE Sensex 30 index declined 0.74%.

The biggest gainers of the session on the Nifty 50 were ACC Ltd (NS: ACC ), which rose 4.68% or 76.40 points to trade at 1708.20 at the close. UltraTech Cement Ltd (NS: ULTC ) added 2.21% or 78.65 points to end at 3638.50 and IndusInd Bank Ltd. (NS: INBK ) was up 1.62% or 18.15 points to 1136.65 in late trade.

Biggest losers included AXIS Bank Ltd. (NS: AXBK ), which lost 3.62% or 20.20 points to trade at 538.05 in late trade. POWER GRID CORPORATION OF INDIA (NS: PGRD ) declined 3.47% or 5.85 points to end at 162.50 and Bank Of Baroda (NS: BOB ) shed 3.36% or 5.30 points to 152.25.

The top performers on the BSE Sensex 30 were Coal India Limited (BO: COAL ) which rose 1.21% to 333.25, Bharti Airtel Ltd (BO: BRTI ) which was up 0.84% to settle at 366.90 and Wipro Ltd. (BO: WIPR ) which gained 0.72% to close at 542.50.

The worst performers were AXIS Bank Ltd. (BO: AXBK ) which was down 3.62% to 538.25 in late trade, Bharat Heavy Electricals Ltd. (BO: BHEL ) which lost 3.05% to settle at 139.85 and Vedanta Ltd (BO: VDAN ) which was down 2.78% to 157.25 at the close.

Declining stocks outnumbered rising ones by 959 to 513 and 58 ended unchanged; on the Bombay Stock Exchange, 1012 fell and 583 advanced, while 56 ended unchanged on the India National Stock Exchange.

The India Vix , which measures the implied volatility of Nifty 50 options, was down 1.74% to 15.7125.

In commodities trading, Gold for August delivery was up 0.06% or 0.75 to $1320.05 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.20% or 0.09 to hit $45.84 a barrel, while the September Brent oil contract rose 0.15% or 0.07 to trade at $47.24 a barrel.

USD/INR was up 0.06% to 67.203, while EUR/INR rose 0.07% to 74.0470.

The US Dollar Index was down 0.12% at 97.04.

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