Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

India shares lower at close of trade; Nifty 50 down 0.26%

Published 18/05/2016, 11:45
India shares lower at close of trade; Nifty 50 down 0.26%

Investing.com – India equities were lower at the close on Wednesday, as losses in the Auto, Power and Technology sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.26%, while the BSE Sensex 30 index declined 0.27%.

The biggest gainers of the session on the Nifty 50 were Punjab National Bank (NS:PNBK), which rose 3.32% or 2.45 points to trade at 76.20 at the close. Oil And Natural Gas Corporation Ltd (NS:ONGC) added 1.90% or 4.00 points to end at 214.25 and State Bank Of India (NS:SBI) was up 1.75% or 3.10 points to 179.95 in late trade.

Biggest losers included Bosch Ltd (NS:BOSH), which lost 2.55% or 550.45 points to trade at 21052.85 in late trade. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 2.12% or 9.45 points to end at 435.75 and Hero MotoCorp Limited (NS:HROM) shed 1.84% or 54.00 points to 2878.45.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 1.83% to 214.20, State Bank Of India (BO:SBI) which was up 1.78% to settle at 180.20 and Larsen & Toubro Limited (BO:LART) which gained 1.24% to close at 1309.40.

The worst performers were Bajaj Auto Limited (BO:BAJA) which was down 1.85% to 2466.45 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.59% to settle at 1320.10 and Hero MotoCorp Limited (BO:HROM) which was down 1.47% to 2884.85 at the close.

Declining stocks outnumbered rising ones by 739 to 658 and 84 ended unchanged; on the Bombay Stock Exchange, 822 fell and 717 advanced, while 81 ended unchanged on the India National Stock Exchange.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The India Vix, which measures the implied volatility of Nifty 50 options, was up 0.50% to 16.4550.

In commodities trading, Gold for June delivery was down 0.20% or 2.60 to $1274.30 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.27% or 0.13 to hit $48.44 a barrel, while the July Brent oil contract rose 0.04% or 0.02 to trade at $49.30 a barrel.

USD/INR was up 0.22% to 66.972, while EUR/INR fell 0.16% to 75.4900.

The US Dollar Index was up 0.33% at 94.86.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.