India stocks lower at close of trade; Nifty 50 down 0.11%

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At the close in NSE, the Nifty 50 lost 0.11%, while the BSE Sensex 30 index lost 0.28%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 5.98% or 25.70 points to trade at 455.55 at the close. Meanwhile, Apollo Hospitals Enterprises Ltd. (NS:APLH) added 3.06% or 135.30 points to end at 4,556.70 and Tata Motors Ltd (NS:TAMO) was up 2.41% or 10.20 points to 433.70 in late trade.

The worst performers of the session were Dr. Reddy’s Laboratories Ltd (NS:REDY), which fell 3.87% or 175.80 points to trade at 4,363.65 at the close. ITC Ltd (NS:ITC) declined 2.57% or 9.15 points to end at 347.20 and Coal India Ltd (NS:COAL) was down 2.49% or 6.30 points to 246.95.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM) which rose 1.27% to 1,922.70, Tata Steel Ltd (BO:TISC) which was up 1.07% to settle at 108.65 and IndusInd Bank Ltd. (BO:INBK) which gained 1.04% to close at 1,151.60.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 3.94% to 4,365.75 in late trade, ITC Ltd (BO:ITC) which lost 2.57% to settle at 347.25 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.83% to 2,457.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1061 to 844 and 57 ended unchanged; on the Bombay Stock Exchange, 1852 fell and 1653 advanced, while 146 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.51% to 14.91.

Gold Futures for December delivery was down 0.68% or 12.05 to $1,757.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.92% or 0.82 to hit $88.14 a barrel, while the January Brent oil contract fell 0.76% or 0.73 to trade at $95.26 a barrel.

USD/INR was up 0.98% to 81.26, while EUR/INR rose 0.38% to 83.63.

The US Dollar Index Futures was up 0.84% at 107.06.