India stocks lower at close of trade; Nifty 50 down 0.20%

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At the close in NSE, the Nifty 50 fell 0.20% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.17%.

The best performers of the session on the Nifty 50 were AXIS Bank Ltd (NS:AXBK), which rose 1.88% or 7.75 points to trade at 419.75 at the close. Meanwhile, GAIL Ltd (NS:GAIL) added 1.84% or 1.55 points to end at 85.70 and Hindustan Unilever Ltd. (NS:HLL) was up 1.27% or 25.75 points to 2052.55 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 7.89% or 37.15 points to trade at 433.80 at the close. Bharti Infratel Ltd (NS:BHRI) declined 7.46% or 13.45 points to end at 166.95 and Tata Steel Ltd (NS:TISC) was down 3.43% or 12.85 points to 361.30.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 2.36% to 422.05, Hindustan Unilever Ltd. (BO:HLL) which was up 1.28% to settle at 2053.00 and Infosys Ltd (BO:INFY) which gained 1.24% to close at 1019.65.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 7.89% to 433.90 in late trade, Tata Steel Ltd (BO:TISC) which lost 3.46% to settle at 361.25 and IndusInd Bank Ltd. (BO:INBK) which was down 3.10% to 527.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 850 to 753 and 77 ended unchanged; on the Bombay Stock Exchange, 1354 fell and 1199 advanced, while 154 ended unchanged.

Shares in Infosys Ltd (BO:INFY) rose to 3-years highs; gaining 1.24% or 12.45 to 1019.65.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.96% to 20.9900.

Gold Futures for December delivery was down 0.63% or 11.95 to $1895.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.38% or 0.15 to hit $39.95 a barrel, while the November Brent oil contract rose 0.55% or 0.23 to trade at $41.95 a barrel.

USD/INR was down 0.03% to 73.489, while EUR/INR rose 0.00% to 86.0550.

The US Dollar Index Futures was up 0.03% at 94.043.

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