India stocks lower at close of trade; Nifty 50 down 0.28%

This post was originally published on this site

At the close in NSE, the Nifty 50 declined 0.28% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.31%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 3.94% or 97.70 points to trade at 2,577.40 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE) added 3.01% or 24.35 points to end at 834.00 and Eicher Motors Ltd. (NS:EICH) was up 1.55% or 51.15 points to 3,349.60 in late trade.

The worst performers of the session were Hero MotoCorp Ltd (NS:HROM), which fell 2.17% or 65.05 points to trade at 2,926.00 at the close. Coal India Ltd (NS:COAL) declined 2.09% or 4.85 points to end at 227.45 and Tata Consultancy Services Ltd. (NS:TCS) was down 2.00% or 68.65 points to 3,367.10.

The top performers on the BSE Sensex 30 were Reliance Industries Ltd (BO:RELI) which rose 0.75% to 2,556.70, Maruti Suzuki India Ltd. (BO:MRTI) which was up 0.98% to settle at 9,464.10 and Axis Bank Ltd. (BO:AXBK) which gained 0.67% to close at 942.95.

The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 2.14% to 3,367.65 in late trade, Tech Mahindra Ltd (BO:TEML) which lost 1.80% to settle at 1,210.30 and Infosys Ltd (BO:INFY) which was down 1.59% to 1,388.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1185 to 798 and 70 ended unchanged; on the Bombay Stock Exchange, 1989 fell and 1497 advanced, while 132 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.80% to 12.14 a new 1-month high.

Gold Futures for December delivery was up 0.44% or 8.35 to $1,923.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.06% or 0.05 to hit $80.34 a barrel, while the October Brent oil contract fell 0.18% or 0.15 to trade at $83.97 a barrel.

USD/INR was up 0.01% to 83.10, while EUR/INR unchanged 0.00% to 90.39.

The US Dollar Index Futures was down 0.09% at 103.37.