(C) Reuters. India stocks lower at close of trade; Nifty 50 down 1.08%
The best performers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 4.23% or 275.05 points to trade at 6775.55 at the close. Meanwhile, Shree Cements Ltd. (NS:SHCM) added 3.54% or 981.35 points to end at 28676.60 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 3.10% or 22.60 points to 752.45 in late trade.
The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 3.28% or 14.05 points to trade at 414.10 at the close. Hindalco Industries Ltd. (NS:HALC) declined 2.75% or 9.90 points to end at 349.45 and Housing Development Finance Corporation Ltd (NS:HDFC) was down 2.71% or 71.95 points to 2582.95.
The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 4.07% to 6763.90, Dr. Reddy’s Laboratories Ltd (BO:REDY) which was up 1.56% to settle at 4571.00 and Asian Paints Ltd. (BO:ASPN) which gained 0.65% to close at 2417.90.
The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 2.62% to 2583.20 in late trade, State Bank Of India (BO:SBI) which lost 2.28% to settle at 395.80 and Bajaj Finserv Ltd (BO:BJFS) which was down 2.24% to 10154.60 at the close.
Rising stocks outnumbered declining ones on the India National Stock Exchange by 934 to 718 and 69 ended unchanged; on the Bombay Stock Exchange, 1552 rose and 1311 declined, while 183 ended unchanged.
Shares in UltraTech Cement Ltd (NS:ULTC) rose to all time highs; gaining 4.23% or 275.05 to 6775.55. Shares in Shree Cements Ltd. (NS:SHCM) rose to all time highs; gaining 3.54% or 981.35 to 28676.60. Shares in Adani Port and Special Economic Zone Ltd (NS:APSE) rose to all time highs; rising 3.10% or 22.60 to 752.45. Shares in UltraTech Cement Ltd (BO:ULTC) rose to all time highs; rising 4.07% or 264.40 to 6763.90.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.33% to 24.1500.
Gold Futures for April delivery was down 0.27% or 4.55 to $1711.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.67% or 0.41 to hit $60.87 a barrel, while the May Brent oil contract fell 0.62% or 0.40 to trade at $63.67 a barrel.
USD/INR was down 0.24% to 72.758, while EUR/INR fell 0.40% to 87.6160.
The US Dollar Index Futures was up 0.24% at 91.162.
India stocks lower at close of trade; Nifty 50 down 1.08%
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