India stocks lower at close of trade; Nifty 50 down 0.10%

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At the close in NSE, the Nifty 50 lost 0.10%, while the BSE Sensex 30 index declined 0.18%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 2.76% or 19.35 points to trade at 720.35 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 1.90% or 3.20 points to end at 171.75 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 1.86% or 44.05 points to 2407.90 in late trade.

The worst performers of the session were UltraTech Cement Ltd (NS:ULTC), which fell 1.85% or 132.95 points to trade at 7045.95 at the close. AXIS Bank Ltd (NS:AXBK) declined 1.79% or 14.25 points to end at 782.80 and ICICI Bank Ltd (NS:ICBK) was down 1.79% or 13.70 points to 750.35.

The top performers on the BSE Sensex 30 were Housing Development Finance Corporation Ltd (BO:HDFC) which rose 1.71% to 2410.60, Reliance Industries Ltd (BO:RELI) which was up 1.35% to settle at 2444.90 and Hindustan Unilever Ltd. (BO:HLL) which gained 0.84% to close at 2307.70.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.00% to 750.05 in late trade, UltraTech Cement Ltd (BO:ULTC) which lost 1.90% to settle at 7048.20 and AXIS Bank Ltd. (BO:AXBK) which was down 1.79% to 782.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1218 to 592 and 26 ended unchanged; on the Bombay Stock Exchange, 2004 fell and 1264 advanced, while 98 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.86% to 22.0050.

Gold Futures for April delivery was up 0.88% or 16.40 to $1887.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.22% or 2.08 to hit $91.58 a barrel, while the April Brent oil contract fell 2.11% or 2.00 to trade at $92.81 a barrel.

USD/INR was up 0.11% to 75.036, while EUR/INR fell 0.02% to 85.3065.

The US Dollar Index Futures was up 0.11% at 95.800.