India stocks lower at close of trade; Nifty 50 down 1.00%

India stocks lower at close of trade; Nifty 50 down 1.00%

Nov 20, 2018

India stocks were lower after the close on Tuesday, as losses in the Metals, IT and Technology sectors led shares lower.

At the close in NSE, the Nifty 50 declined 1.00%, while the BSE Sensex 30 index lost 0.84%.

The best performers of the session on the Nifty 50 were GAIL Ltd (NS:GAIL), which rose 2.79% or 9.35 points to trade at 344.05 at the close. Meanwhile, Adani Port and Special Economic Zone Ltd (NS:APSE) added 1.41% or 4.95 points to end at 355.25 and IndusInd Bank Ltd. (NS:INBK) was up 0.97% or 14.90 points to 1557.85 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 6.20% or 12.70 points to trade at 192.10 at the close. Hindalco Industries Ltd. (NS:HALC) declined 5.33% or 12.50 points to end at 221.95 and Indiabulls Housing Finance Ltd (NS:INBF) was down 3.71% or 27.20 points to 706.60.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 1.34% to 1558.35, Adani Port and Special Economic Zone Ltd (BO:APSE) which was up 1.24% to settle at 354.15 and Mahindra&Mahindra Ltd. (BO:MAHM) which gained 0.30% to close at 782.70.

The worst performers were Yes Bank Ltd (BO:YESB) which was down 6.10% to 192.55 in late trade, Tata Steel Ltd (BO:TISC) which lost 3.21% to settle at 563.50 and Vedanta Ltd (BO:VDAN) which was down 2.89% to 205.10 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1178 to 423 and 48 ended unchanged; on the Bombay Stock Exchange, 1668 fell and 828 advanced, while 140 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.38% to 19.3275.

Gold Futures for December delivery was down 0.09% or 1.10 to $1224.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.37% or 0.21 to hit $56.99 a barrel, while the January Brent oil contract fell 0.63% or 0.42 to trade at $66.37 a barrel.

USD/INR was down 0.04% to 71.454, while EUR/INR fell 0.38% to 81.7070.

The US Dollar Index Futures was up 0.11% at 96.17.

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