India stocks lower at close of trade; Nifty 50 down 0.02%

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At the close in NSE, the Nifty 50 lost 0.02%, while the BSE Sensex 30 index declined 0.04%.

The best performers of the session on the Nifty 50 were Bajaj Finserv Ltd (NS:BJFS), which rose 2.88% or 286.30 points to trade at 10227.95 at the close. Meanwhile, Cipla Ltd. (NS:CIPL) added 2.57% or 21.65 points to end at 863.40 and SBI Life Insurance Company Ltd (NS:SBIL) was up 2.55% or 22.65 points to 911.35 in late trade.

The worst performers of the session were HDFC Bank Ltd (NS:HDBK), which fell 1.87% or 30.10 points to trade at 1581.75 at the close. Eicher Motors Ltd. (NS:EICH) declined 1.57% or 46.35 points to end at 2901.30 and Bharti Airtel Ltd. (NS:BRTI) was down 1.46% or 8.75 points to 590.20.

The top performers on the BSE Sensex 30 were Bajaj Finserv Ltd (BO:BJFS) which rose 2.65% to 10203.55, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 2.23% to settle at 914.55 and Bajaj Finance Ltd (BO:BJFN) which gained 1.80% to close at 5497.00.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.45% to 590.10 in late trade, HDFC Bank Ltd (BO:HDBK) which lost 1.24% to settle at 1592.00 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 0.84% to 100.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 874 to 786 and 51 ended unchanged; on the Bombay Stock Exchange, 1432 rose and 1431 declined, while 157 ended unchanged.

Shares in Bajaj Finserv Ltd (NS:BJFS) rose to all time highs; gaining 2.88% or 286.30 to 10227.95. Shares in Cipla Ltd. (NS:CIPL) rose to all time highs; rising 2.57% or 21.65 to 863.40. Shares in Bajaj Finserv Ltd (BO:BJFS) rose to all time highs; up 2.65% or 263.35 to 10203.55.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.31% to 23.9525.

Gold Futures for April delivery was up 0.30% or 5.60 to $1843.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.60% or 0.35 to hit $58.71 a barrel, while the April Brent oil contract rose 0.54% or 0.33 to trade at $61.55 a barrel.

USD/INR was down 0.03% to 72.834, while EUR/INR rose 0.09% to 88.3520.

The US Dollar Index Futures was down 0.03% at 90.390.

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