India shares lower at close of trade; Nifty 50 down 0.09%

India equities were lower at the close on Tuesday, as losses in the Real Estate, IT, and Oil & Gas sectors propelled shares lower. At the close in NSE, the Nifty 50 lost 0.09%, while the BSE Sensex 30 index declined 0.03%.

India shares lower at close of trade; Nifty 50 down 0.09%

India equities were lower at the close on Tuesday, as losses in the Real Estate, IT, and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.09%, while the BSE Sensex 30 index declined 0.03%.

The biggest gainers of the session on the Nifty 50 were Housing Development Finance Corporation Ltd (NS: HDFC), which rose 2.46% or 67.90 points to trade at 2833.20 at the close. Bharti Airtel Ltd. (NS: BRTI) added 2.44% or 15.95 points to end at 670.55 and Grasim Industries Ltd (NS: GRAS) was up 1.53% or 23.45 points to 1554.45 in late trade.

The biggest losers included Sun Pharmaceutical Industries Ltd. (NS: SUN), which lost 1.83% or 14.35 points to trade at 769.90 in late trade. Bharat Petroleum Corp. Ltd. (NS: BPCL) declined 1.80% or 8.85 points to end at 481.95 and Tech Mahindra Ltd (NS: TEML) shed 1.78% or 25.95 points to 1435.20.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO: HDFC) which rose 2.56% to 2836.05, Bharti Airtel Ltd (BO: BRTI) which was up 2.48% to settle at 670.70, and IndusInd Bank Ltd. (BO: INBK) which gained 1.20% to close at 1004.00.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO: SUN) which was down 1.81% to 769.65 in late trade, Tech Mahindra Ltd (BO: TEML) which lost 1.69% to settle at 1435.55, and AXIS Bank Ltd. (BO: AXBK) which was down 1.62% to 787.70 at the close.

Declining stocks outnumbered rising ones by 1104 to 585 and 48 ended unchanged; on the Bombay Stock Exchange, 1760 fell and 1265 advanced, while 127 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.39% to 14.8950.

In commodities trading, Gold Futures for December delivery was down 1.14% or 20.95 to $1812.75 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.14% or 0.79 to hit $68.50 a barrel, while the November Brent oil contract fell 0.33% or 0.24 to trade at $71.98 a barrel.

USD/INR was up 0.50% to 73.437, while EUR/INR rose 0.48% to 87.1395.

The US Dollar Index Futures was up 0.30% at 92.312.