India stocks lower at close of trade; Nifty 50 down 0.34%

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At the close in NSE, the Nifty 50 declined 0.34%, while the BSE Sensex 30 index fell 0.35%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 1.67% or 6.90 points to trade at 421.30 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 1.48% or 15.35 points to end at 1,051.95 and ITC Ltd (NS:ITC) was up 1.47% or 5.15 points to 354.65 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 3.08% or 25.70 points to trade at 809.85 at the close. Apollo Hospitals Enterprises Ltd. (NS:APLH) declined 2.84% or 128.25 points to end at 4,383.10 and Maruti Suzuki India Ltd. (NS:MRTI) was down 2.38% or 225.20 points to 9,229.40.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 1.81% to 1,051.75, ITC Ltd (BO:ITC) which was up 1.43% to settle at 354.40 and Tech Mahindra Ltd (BO:TEML) which gained 0.94% to close at 1,081.70.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 3.05% to 809.90 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 2.40% to settle at 9,228.25 and Hindustan Unilever Ltd. (BO:HLL) which was down 1.31% to 2,517.15 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 950 to 904 and 82 ended unchanged; on the Bombay Stock Exchange, 1740 rose and 1582 declined, while 135 ended unchanged.

Shares in Sun Pharmaceutical Industries Ltd. (NS:SUN) rose to 5-year highs; rising 1.48% or 15.35 to 1,051.95. Shares in ITC Ltd (NS:ITC) rose to all time highs; gaining 1.47% or 5.15 to 354.65. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 5-year highs; gaining 1.81% or 18.65 to 1,051.75. Shares in ITC Ltd (BO:ITC) rose to all time highs; up 1.43% or 5.00 to 354.40.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.30% to 16.66.

Gold Futures for December delivery was up 0.55% or 9.05 to $1,658.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.42% or 0.37 to hit $88.00 a barrel, while the January Brent oil contract fell 0.39% or 0.37 to trade at $94.28 a barrel.

USD/INR was up 0.13% to 82.76, while EUR/INR rose 0.33% to 81.87.

The US Dollar Index Futures was down 0.22% at 111.11.