India stocks lower at close of trade; Nifty 50 down 0.25%

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At the close in NSE, the Nifty 50 lost 0.25%, while the BSE Sensex 30 index fell 0.24%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 2.45% or 12.55 points to trade at 525.20 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 1.28% or 2.15 points to end at 169.65 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 1.18% or 10.40 points to 893.95 in late trade.

The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 2.15% or 59.75 points to trade at 2721.75 at the close. State Bank Of India (NS:SBI) declined 1.81% or 9.80 points to end at 530.30 and NTPC Ltd (NS:NTPC) was down 1.79% or 2.45 points to 134.20.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 1.21% to 894.05, Asian Paints Ltd. (BO:ASPN) which was up 1.06% to settle at 3236.70 and Tata Steel Ltd (BO:TISC) which gained 0.90% to close at 1176.15.

The worst performers were State Bank Of India (BO:SBI) which was down 1.83% to 530.20 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.73% to settle at 841.25 and NTPC Ltd (BO:NTPC) which was down 1.72% to 134.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1054 to 745 and 38 ended unchanged; on the Bombay Stock Exchange, 1679 fell and 1560 advanced, while 90 ended unchanged.

Shares in Sun Pharmaceutical Industries Ltd. (NS:SUN) rose to 5-year highs; rising 1.18% or 10.40 to 893.95. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 5-year highs; gaining 1.21% or 10.65 to 894.05.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.37% to 18.8975.

Gold Futures for April delivery was up 0.54% or 9.70 to $1813.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.57% or 1.42 to hit $91.69 a barrel, while the April Brent oil contract rose 1.43% or 1.30 to trade at $92.41 a barrel.

USD/INR was up 0.07% to 74.700, while EUR/INR rose 0.38% to 85.6935.

The US Dollar Index Futures was down 0.14% at 95.250.