India shares lower at close of trade; Nifty 50 down 1.50% By Investing.com

Investing.com – India equities were lower at the close on Friday, as losses in the Metals, Banking and Real Estate sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 1.50%, while the BSE Sensex 30 index lost 1.50%.

The biggest gainers of the session on the Nifty 50 were Bajaj Auto Ltd (NS:BAJA), which rose 10.43% or 386.20 points to trade at 4089.50 at the close. Hero MotoCorp Ltd (NS:HROM) added 3.93% or 127.60 points to end at 3374.90 and Hindustan Unilever Ltd. (NS:HLL) was up 1.76% or 41.70 points to 2409.35 in late trade.

Biggest losers included AXIS Bank Ltd (NS:AXBK), which lost 4.64% or 31.35 points to trade at 644.50 in late trade. JSW Steel Ltd (NS:JSTL) declined 4.55% or 17.90 points to end at 375.40 and Asian Paints Ltd. (NS:ASPN) shed 4.41% or 119.70 points to 2596.65.

The top performers on the BSE Sensex 30 were Bajaj Auto Ltd (BO:BAJA) which rose 10.45% to 4094.10, Hindustan Unilever Ltd. (BO:HLL) which was up 1.51% to settle at 2402.90 and UltraTech Cement Ltd (BO:ULTC) which gained 0.88% to close at 5592.00.

The worst performers were AXIS Bank Ltd. (BO:AXBK) which was down 4.63% to 644.50 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 4.22% to settle at 2600.00 and State Bank Of India (BO:SBI) which was down 3.80% to 283.75 at the close.

Declining stocks outnumbered rising ones by 1232 to 424 and 52 ended unchanged; on the Bombay Stock Exchange, 1907 fell and 937 advanced, while 126 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.09% to 22.4225.

In commodities trading, Gold Futures for February delivery was down 0.83% or 15.40 to $1850.50 a troy ounce. Meanwhile, Crude oil for delivery in March fell 2.58% or 1.37 to hit $51.76 a barrel, while the March Brent oil contract fell 2.30% or 1.29 to trade at $54.81 a barrel.

USD/INR was down 0.01% to 72.954, while EUR/INR rose 0.07% to 88.7935.

The US Dollar Index Futures was up 0.07% at 90.190.