India stocks lower at close of trade; Nifty 50 down 0.44%

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India stocks lower at close of trade; Nifty 50 down 0.44%

By Ritu,

Capital Sands

India stocks were lower after the close on Tuesday, as losses in the MetalsAuto and Real Estate sectors led shares lower.

At the close in NSE, the Nifty 50 lost 0.44%, while the BSE Sensex 30 index lost 0.39%.

The best performers of the session on the Nifty 50 were Coal India Ltd , which rose 2.92% or 4.90 points to trade at 172.75 at the close. Meanwhile, Zee Entertainment Enterprises Ltd. (NS:ZEE) added 2.72% or 6.50 points to end at 245.70 and Bharat Petroleum Corp. Ltd. was up 2.31% or 10.65 points to 472.30 in late trade.

The worst performers of the session were Bharti Infratel Ltd , which fell 11.34% or 26.65 points to trade at 208.35 at the close. Yes Bank Ltd  declined 6.33% or 2.35 points to end at 34.80 and Tata Motors Ltd was down 3.87% or 6.55 points to 162.55.

The top performers on the BSE Sensex 30 were State Bank Of India which rose 1.08% to 317.60, Infosys Ltd  which was up 1.02% to settle at 797.45 and Power Grid Corporation of India Ltd which gained 0.98% to close at 185.30.

Shares in IndusInd Bank Ltd.  fell to 3-years lows; falling 2.44% or 28.60 to 1144.15.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.66% to 14.5100.

Gold Futures for April delivery was up 0.24% or 3.85 to $1590.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.51% or 0.79 to hit $51.53 a barrel, while the April Brent oil contract fell 1.82% or 1.05 to trade at $56.62 a barrel.

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