India shares lower at close of trade; Nifty 50 down 0.84%

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India shares lower at close of trade; Nifty 50 down 0.84%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Thursday, as losses in the IT , Technology and Fast Moving Consumer Goods sectors propelled shares lower.

At the close in NSE, the Nifty 50 fell 0.84%, while the BSE Sensex 30 index lost 0.95%.

The biggest gainers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS: ONGC ), which rose 2.27% or 4.90 points to trade at 220.65 at the close. Coal India Limited (NS: COAL ) added 2.02% or 6.20 points to end at 313.00 and Punjab National Bank (NS: PNBK ) was up 1.98% or 1.60 points to 82.30 in late trade.

Biggest losers included Infosys Ltd (NS: INFY ), which lost 4.25% or 52.60 points to trade at 1185.50 in late trade. Ambuja Cements Ltd. (NS: ABUJ ) declined 2.64% or 6.30 points to end at 231.90 and Hero MotoCorp Limited (NS: HROM ) shed 2.63% or 83.40 points to 3086.70.

The top performers on the BSE Sensex 30 were Coal India Limited (BO: COAL ) which rose 2.13% to 313.35, Oil And Natural Gas Corporation Ltd (BO: ONGC ) which was up 1.99% to settle at 220.00 and Reliance Industries Ltd (BO: RELI ) which gained 1.81% to close at 971.45.

The worst performers were Infosys Ltd (BO: INFY ) which was down 4.27% to 1185.45 in late trade, Hero MotoCorp Limited (BO: HROM ) which lost 2.75% to settle at 3083.25 and ITC Ltd (BO: ITC ) which was down 2.29% to 354.35 at the close.

Declining stocks outnumbered rising ones by 755 to 653 and 90 ended unchanged; on the Bombay Stock Exchange, 840 fell and 713 advanced, while 73 ended unchanged on the India National Stock Exchange.

The India Vix , which measures the implied volatility of Nifty 50 options, was up 3.50% to 15.6725.

In commodities trading, Gold for August delivery was down 0.08% or 1.05 to $1261.25 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.82% or 0.42 to hit $50.81 a barrel, while the August Brent oil contract fell 0.99% or 0.52 to trade at $51.99 a barrel.

USD/INR was up 0.39% to 66.755, while EUR/INR fell 0.05% to 75.7360.

The US Dollar Index was up 0.30% at 93.87.

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