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 fell 0.16%.

The best performers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH), which rose 3.30% or 81.85 points to trade at 2562.25 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 2.91% or 23.70 points to end at 838.80 and Bajaj Auto Ltd (NS:BAJA) was up 2.72% or 86.45 points to 3262.50 in late trade.

The worst performers of the session were ITC Ltd (NS:ITC), which fell 1.50% or 3.30 points to trade at 216.75 at the close. State Bank Of India (NS:SBI) declined 1.47% or 6.80 points to end at 454.40 and Coal India Ltd (NS:COAL) was down 1.41% or 2.10 points to 146.75.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 2.86% to 838.30, IndusInd Bank Ltd. (BO:INBK) which was up 1.99% to settle at 869.65 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 1.66% to close at 4822.00.

The worst performers were State Bank Of India (BO:SBI) which was down 1.45% to 454.25 in late trade, ITC Ltd (BO:ITC) which lost 1.43% to settle at 216.80 and Tech Mahindra Ltd (BO:TEML) which was down 1.09% to 1786.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 982 to 807 and 29 ended unchanged; on the Bombay Stock Exchange, 2001 rose and 1274 declined, while 92 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.41% to 16.2425.

Gold Futures for February delivery was down 0.78% or 14.10 to $1796.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.08% or 0.06 to hit $75.92 a barrel, while the March Brent oil contract rose 0.15% or 0.12 to trade at $78.79 a barrel.

USD/INR was up 0.02% to 74.716, while EUR/INR fell 0.16% to 84.3395.

The US Dollar Index Futures was up 0.11% at 96.312.