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India stocks lower at close of trade; Nifty 50 down 0.39%

By Investing.com2 min readInvesting.com
India stocks lower at close of trade; Nifty 50 down 0.39%India stocks lower at close of trade; Nifty 50 down 0.39%

India stocks lower at close of trade; Nifty 50 down 0.39%

India stocks were lower after the close on Friday, as losses in the Metals, Real Estate and Capital Goods sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.39%, while the BSE Sensex 30 index declined 0.17%.

The best performers of the session on the Nifty 50 were Eternal Ltd (NSE:ETEA), which rose 3.99% or 12.15 points to trade at 316.60 at the close. Meanwhile, Apollo Hospitals Enterprise Limited (NSE:APLH) added 1.33% or 101.00 points to end at 7,705.50 and Tata Consultancy Services Ltd. (NSE:TCS) was up 0.75% or 18.70 points to 2,525.60 in late trade.

The worst performers of the session were Shriram Finance Ltd. (NSE:SHMF), which fell 3.65% or 32.90 points to trade at 868.00 at the close. Tata Steel Ltd (NSE:TISC) declined 3.12% or 5.38 points to end at 166.95 and JSW Steel Ltd (NSE:JSTL) was down 3.11% or 38.00 points to 1,182.00.

The top performers on the BSE Sensex 30 were Eternal Ltd (BO:ETEA) which rose 3.97% to 317.00, Larsen & Toubro Ltd (BO:LART) which was up 1.25% to settle at 3,645.00 and Reliance Industries Ltd (BO:RELI) which gained 1.19% to close at 1,190.00.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 3.21% to 167.25 in late trade, Adani Ports and Special Economic Zone Ltd (BO:APSE) which lost 3.03% to settle at 1,703.00 and Tech Mahindra Ltd (BO:TEML) which was down 1.95% to 1,789.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 2263 to 393 and 31 ended unchanged; on the Bombay Stock Exchange, 3250 fell and 862 advanced, while 137 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.76% to 16.83 a new 3-months high.

Gold Futures for December delivery was down 0.50% or 20.45 to $4,039.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.62% or 1.61 to hit $101.08 a barrel, while the December Brent oil contract rose 1.15% or 1.30 to trade at $114.47 a barrel.

USD/INR was up 0.33% to 95.13, while EUR/INR fell 0.02% to 106.33.

The US Dollar Index Futures was up 0.13% at 101.57.