(C) Reuters. India stocks lower at close of trade; Nifty 50 down 1.77%
The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 3.94% or 4.10 points to trade at 108.15 at the close. Meanwhile, Coal India Ltd (NS:COAL) added 3.90% or 5.00 points to end at 133.05 and Divi’s Laboratories Ltd. (NS:DIVI) was up 3.87% or 151.50 points to 4062.35 in late trade.
The worst performers of the session were Housing Development Finance Corporation Ltd (NS:HDFC), which fell 4.68% or 118.75 points to trade at 2420.10 at the close. HDFC Bank Ltd (NS:HDBK) declined 4.09% or 60.20 points to end at 1412.30 and ICICI Bank Ltd (NS:ICBK) was down 3.37% or 20.95 points to 600.50.
The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 4.32% to 108.55, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 1.57% to settle at 654.70 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.23% to close at 5164.30.
The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 4.38% to 2420.15 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 4.09% to settle at 1412.20 and ICICI Bank Ltd (BO:ICBK) which was down 3.36% to 600.40 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 904 to 719 and 78 ended unchanged; on the Bombay Stock Exchange, 1524 fell and 1304 advanced, while 161 ended unchanged.
Shares in Divi’s Laboratories Ltd. (NS:DIVI) rose to all time highs; up 3.87% or 151.50 to 4062.35. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 52-week highs; rising 1.57% or 10.10 to 654.70.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.19% to 23.0275.
Gold Futures for June delivery was up 0.01% or 0.25 to $1768.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.58% or 1.03 to hit $63.98 a barrel, while the July Brent oil contract fell 1.37% or 0.93 to trade at $67.12 a barrel.
USD/INR was down 0.05% to 74.053, while EUR/INR fell 0.32% to 89.4975.
The US Dollar Index Futures was up 0.26% at 90.825.
India stocks lower at close of trade; Nifty 50 down 1.77%
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