India stocks lower at close of trade; Nifty 50 down 0.63%
Investing.com
Published Oct 22, 2019 06:45AM ET
India stocks lower at close of trade; Nifty 50 down 0.63%
Investing.com – India stocks were lower after the close on Tuesday, as losses in the IT, Technology and Carbon sectors led shares lower.
At the close in NSE, the Nifty 50 lost 0.63%, while the BSE Sensex 30 index fell 0.85%.
The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 3.49% or 95.05 points to trade at 2810.75 at the close. Meanwhile, ICICI Bank Ltd (NS:ICBK) added 3.19% or 13.95 points to end at 451.15 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 2.38% or 12.40 points to 534.10 in late trade.
The worst performers of the session were Infosys Ltd (NS:INFY), which fell 16.65% or 127.85 points to trade at 643.55 at the close. Tata Motors Ltd (NS:TAMO) declined 4.02% or 5.50 points to end at 131.75 and Bajaj Finserv Ltd (NS:BJFS) was down 3.16% or 260.95 points to 8008.85.
The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 3.06% to 451.15, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.10% to settle at 405.80 and Bajaj Auto Ltd (BO:BAJA) which gained 1.04% to close at 3120.00.
The worst performers were Infosys Ltd (BO:INFY) which was down 16.21% to 643.30 in late trade, Tata Motors Ltd DVR (BO:TAMdv) which lost 4.48% to settle at 58.65 and Tata Motors Ltd (BO:TAMO) which was down 3.51% to 131.90 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 786 to 782 and 88 ended unchanged; on the Bombay Stock Exchange, 1242 fell and 1190 advanced, while 186 ended unchanged.
Shares in Bharat Petroleum Corp. Ltd. (NS:BPCL) rose to 52-week highs; gaining 2.38% or 12.40 to 534.10. Shares in Bajaj Auto Ltd (BO:BAJA) rose to 52-week highs; gaining 1.04% or 32.25 to 3120.00.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 5.54% to 16.8100.
Gold Futures for December delivery was up 0.18% or 2.75 to $1490.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.50% or 0.27 to hit $53.78 a barrel, while the December Brent oil contract rose 0.63% or 0.37 to trade at $59.33 a barrel.
USD/INR was up 0.10% to 70.990, while EUR/INR rose 0.05% to 79.1005.
The US Dollar Index Futures was up 0.06% at 97.107.
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Written By: Investing.com
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