India stocks lower at close of trade; Nifty 50 down 0.19%

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At the close in NSE, the Nifty 50 fell 0.19%, while the BSE Sensex 30 index declined 0.17%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 2.21% or 90.00 points to trade at 4,165.30 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 1.31% or 41.90 points to end at 3,243.95 and Reliance Industries Ltd (NS:RELI) was up 0.87% or 22.50 points to 2,621.80 in late trade.

The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL), which fell 2.86% or 36.25 points to trade at 1,231.25 at the close. Eicher Motors Ltd. (NS:EICH) declined 2.23% or 75.45 points to end at 3,313.45 and UPL Ltd (NS:UPLL) was down 1.98% or 15.25 points to 754.90.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:TCS) which rose 1.29% to 3,242.90, Reliance Industries Ltd (BO:RELI) which was up 0.81% to settle at 2,621.15 and UltraTech Cement Ltd (BO:ULTC) which gained 0.50% to close at 7,108.90.

The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 1.60% to 2,674.30 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.46% to settle at 827.55 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 1.29% to 1,273.80 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1071 to 825 and 56 ended unchanged; on the Bombay Stock Exchange, 1771 fell and 1629 advanced, while 128 ended unchanged.

Shares in Adani Enterprises Ltd (NS:ADEL) rose to all time highs; rising 2.21% or 90.00 to 4,165.30.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.68% to 13.78.

Gold Futures for February delivery was up 0.94% or 16.95 to $1,814.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.85% or 0.64 to hit $76.02 a barrel, while the February Brent oil contract rose 0.45% or 0.36 to trade at $80.16 a barrel.

USD/INR was up 0.14% to 82.76, while EUR/INR rose 0.42% to 88.02.

The US Dollar Index Futures was down 0.66% at 103.65.