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

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At the close in NSE, the Nifty 50 fell 0.10%, while the BSE Sensex 30 index fell 0.02%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 2.82% or 13.45 points to trade at 491.00 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 1.69% or 17.15 points to end at 1,029.00 and UltraTech Cement Ltd (NS:ULTC) was up 1.61% or 111.70 points to 7,032.00 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 3.46% or 27.45 points to trade at 765.40 at the close. Cipla Ltd. (NS:CIPL) declined 2.79% or 30.10 points to end at 1,048.60 and Divi’s Laboratories Ltd. (NS:DIVI) was down 2.56% or 89.50 points to 3,412.35.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 1.65% to 1,028.25, UltraTech Cement Ltd (BO:ULTC) which was up 1.58% to settle at 7,034.10 and HDFC Bank Ltd (BO:HDBK) which gained 1.37% to close at 1,590.80.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.46% to 765.40 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 1.89% to settle at 2,593.85 and Reliance Industries Ltd (BO:RELI) which was down 1.27% to 2,525.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 974 to 918 and 69 ended unchanged; on the Bombay Stock Exchange, 1818 rose and 1548 declined, while 146 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.48% to 15.44.

Gold Futures for February delivery was up 0.58% or 10.80 to $1,887.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.21% or 0.16 to hit $75.28 a barrel, while the March Brent oil contract rose 0.40% or 0.32 to trade at $80.42 a barrel.

USD/INR was up 0.11% to 81.69, while EUR/INR rose 0.22% to 87.78.

The US Dollar Index Futures was up 0.07% at 103.05.