India stocks lower at close of trade; Nifty 50 down 0.36%

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At the close in NSE, the Nifty 50 fell 0.36%, while the BSE Sensex 30 index lost 0.37%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NS:TACN), which rose 2.14% or 16.45 points to trade at 786.00 at the close. Meanwhile, Adani Enterprises Ltd (NS:ADEL) added 1.56% or 61.55 points to end at 4,018.15 and Larsen & Toubro Ltd (NS:LART) was up 1.30% or 25.95 points to 2,029.55 in late trade.

The worst performers of the session were Titan Company Ltd (NS:TITN), which fell 2.36% or 62.30 points to trade at 2,582.00 at the close. Mahindra & Mahindra Ltd. (NS:MAHM) declined 2.13% or 27.35 points to end at 1,259.35 and Tata Motors Ltd (NS:TAMO) was down 1.95% or 8.40 points to 423.15.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 1.25% to 2,028.30, ICICI Bank Ltd (BO:ICBK) which was up 0.63% to settle at 919.40 and Bharti Airtel Ltd (BO:BRTI) which gained 0.59% to close at 845.90.

The worst performers were Titan Company Ltd (BO:TITN) which was down 2.21% to 2,584.90 in late trade, Mahindra & Mahindra Ltd. (BO:MAHM) which lost 2.16% to settle at 1,258.25 and Maruti Suzuki India Ltd. (BO:MRTI) which was down 1.63% to 8,985.85 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1149 to 715 and 77 ended unchanged; on the Bombay Stock Exchange, 1913 fell and 1474 advanced, while 104 ended unchanged.

Shares in Bharti Airtel Ltd (BO:BRTI) rose to all time highs; gaining 0.59% or 4.95 to 845.90.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.47% to 14.88.

Gold Futures for December delivery was down 0.54% or 9.55 to $1,766.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.65% or 0.56 to hit $85.03 a barrel, while the January Brent oil contract fell 0.39% or 0.36 to trade at $92.50 a barrel.

USD/INR was up 0.21% to 81.65, while EUR/INR fell 0.08% to 84.61.

The US Dollar Index Futures was up 0.35% at 106.52.