India stocks lower at close of trade; Nifty 50 down 0.19%

India stocks lower at close of trade; Nifty 50 down 0.19%
Stock Market
Thursday, September 21, 2017 - 10:45

Investing.com – India stocks were lower after the close on Thursday, as losses in the Real Estate, Consumer Durables and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.19%, while the BSE Sensex 30 index fell 0.09%.

The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 7.57% or 175.30 points to trade at 2490.00 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 3.90% or 22.20 points to end at 591.90 and Lupin Ltd (NS:LUPN) was up 2.81% or 28.15 points to 1030.40 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:ZEE), which fell 2.57% or 14.10 points to trade at 535.55 at the close. GAIL Ltd (NS:GAIL) declined 2.29% or 9.55 points to end at 407.75 and Tata Motors DV Ltd (NS:TAMdv) was down 2.26% or 5.40 points to 233.20.

The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 7.47% to 2486.45, Cipla Ltd. (BO:CIPL) which was up 4.04% to settle at 591.45 and Lupin Ltd (BO:LUPN) which gained 3.02% to close at 1032.45.

The worst performers were Gail (India) Ltd. (BO:GAIL) which was down 2.41% to 406.80 in late trade, ICICI Bank Ltd (BO:ICBK) which lost 1.99% to settle at 285.00 and AXIS Bank Ltd. (BO:AXBK) which was down 1.37% to 512.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1008 to 550 and 18 ended unchanged; on the Bombay Stock Exchange, 1527 fell and 974 advanced, while 142 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.00% to 11.6325.

Gold Futures for December delivery was down 1.35% or 17.83 to $1298.57 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.55% or 0.28 to hit $50.41 a barrel, while the November Brent oil contract fell 0.48% or 0.27 to trade at $56.02 a barrel.

USD/INR was up 0.42% to 64.845, while EUR/INR rose 0.94% to 77.1833.

The US Dollar Index Futures was unchanged 0.00% at 92.22.

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