Stock Groups

India stocks lower at close of trade; Nifty 50 down 1.18% -Breaking

© Reuters India stocks lower at close of trade; Nifty 50 down 1.18% – India stocks were lower after the close on Friday, as losses in the , and sectors led shares lower.

NSE closed with the index losing 1.31% and the market lost 1.18%.

UPL Ltd. (NS:) was the best performer of the session, rising 2.12% or 14.80 point to close at 713.00. Meanwhile, Bharat Petroleum Corp. Ltd. (NS) increased 1.89%, or 7.15 point to finish at 386.00 Indian Oil Corporation In late trade, Ltd (NSS:) rose 1.28% to 122.20 or 1.55 point.

Power Grid Corporation of India Ltd. (NS) were the worst-performing session participants, dropping 3.92%. This was 8.40 points and putting them at 206.10 by the end. Reliance Industries Ltd (NS) fell 3.00%, or 74.60 point to finish at 2408.25 Kotak Mahindra Bank Ltd. (NS): was 2.55% lower or 50.05 points compared to 1914.20.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:) which rose 0.72% to 1801.85, IndusInd Bank Ltd. (BO:) which was up 0.61% to settle at 951.25 and Tata Steel Ltd (BO:) which gained 0.47% to close at 1118.00.

Power Grid Corporation of India Ltd. (BO) was the worst performer, falling 4.03% at 206.00 in late trading. Reliance Industries Ltd. (BO) lost 3.05% at 2408.15. Kotak Mahindra Bank Ltd. was also down at 1913.60.

Indian National Stock Exchange: Rising stocks outnumbered falling ones by 968, 792, 51 and 51 respectively. However, the Bombay Stock Exchange had 1760 rising and 1396 declining, with 141 ending unchanged.

The was up 2.03% from 18.4550 to measure the implied volatility for Nifty 50 options.

For February delivery, Gold Futures rose 0.52% to $1771.95 an ounce. Other commodities traded included Crude oil, which rose 2.5% or 1.67 in January to reach $68.17/barrel, and the February Brent Oil contract, which rose 2.58% or 1.80 in February to trade at $71.47/barrel.

USD/INR was up 0.9% to 75.113 and EUR/INR rose by 0.30%, to 84.9675

US Dollar Index Futures were down 0.1% at 96.145.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.