India stocks lower at close of trade; Nifty 50 down 1.94%

Investing.com – India stocks were lower after the close on Friday, as losses in the Real Estate, IT and Technology sectors led shares lower.

At the close in NSE, the Nifty 50 declined 1.94%, while the BSE Sensex 30 index fell 1.82%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 2.52% or 30.15 points to trade at 1,226.00 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 1.03% or 10.60 points to end at 1,043.90 and AXIS Bank Ltd (NS:AXBK) was down 0.09% or 0.70 points to 789.30 in late trade.

The worst performers of the session were UPL Ltd (NS:UPLL), which fell 5.28% or 39.20 points to trade at 703.40 at the close. Tata Consumer Products Ltd (NS:TACN) declined 5.04% or 42.20 points to end at 795.20 and Tech Mahindra Ltd (NS:TEML) was down 4.60% or 49.80 points to 1,033.20.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 2.63% to 1,227.50, AXIS Bank Ltd. (BO:AXBK) which was down 0.04% to settle at 789.40 and Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 0.20% to close at 1,930.55.

The worst performers were UltraTech Cement Ltd (BO:ULTC) which was down 4.51% to 6,481.15 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 4.45% to settle at 1,034.30 and Infosys Ltd (BO:INFY) which was down 3.69% to 1,379.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1521 to 318 and 39 ended unchanged; on the Bombay Stock Exchange, 2417 fell and 942 advanced, while 101 ended unchanged.

Shares in Infosys Ltd (BO:INFY) fell to 52-week lows; falling 3.69% or 52.90 to 1,379.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 7.77% to 19.82.

Gold Futures for December delivery was down 0.38% or 6.35 to $1,670.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.40% or 0.34 to hit $85.44 a barrel, while the November Brent oil contract rose 0.61% or 0.55 to trade at $91.39 a barrel.

USD/INR was down 0.14% to 79.74, while EUR/INR fell 0.30% to 79.60.

The US Dollar Index Futures was up 0.17% at 109.64.

Begin trading today! Create an account by completing our form

Privacy Notice

At One Financial Markets we are committed to safeguarding your privacy.

Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.

Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.

Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.

By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Back to top

Office network
  • London Office
    One Financial Markets 

    1 Finsbury Market
    London
    EC2A 2BN
    United Kingdom


    T:  + 44 ( 0 ) 203 857 2000
    E:  info@ofmarkets.com
  • Dubai Office
    One Financial Markets 
    OT19-39 Central Park Tower
    Dubai International Finance Centre
    Dubai
    United Arab Emirates
     
    T: + 00 971 44 22 888
    E:  info@ofmarkets.com
     

One Financial Markets is the trading name of Axi Financial Services (UK) Ltd, a company registered in England with company number 6050593. Axi Financial Services Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201) and the Financial Sector Conduct Authority in South Africa (with FSP number 45784).

The information on this site is not directed at residents of the United States, Belgium, Poland or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

www.onefinancialmarkets.com is owned and operated by Axi Financial Services (UK) Ltd.

Award winning broker
We have been presented with a number of awards that recognise the quality of our service and dedication to our clients :

Best FSA Regulated Broker
Saudi Money Expo

Best Education Product
Saudi Money Expo

Best Broker - Online Trading
IAIR Awards

Best Institutional Broker
Saudi Money Expo

Best FX Services Broker
CN Forex

Top International
FX Broker 2015

Saudi Money Expo

Broker of the Year
Online Trading – Middle East

IAIR Awards

Best Forex
Customer Service 2018

JFEX Awards

We accept the following payment methods: