India stocks lower at close of trade; Nifty 50 down 0.44%

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At the close in NSE, the Nifty 50 fell 0.44%, while the BSE Sensex 30 index fell 0.50%.

The best performers of the session on the Nifty 50 were Hindalco Industries Ltd. (NS:HALC), which rose 1.49% or 5.85 points to trade at 398.60 at the close. Meanwhile, Maruti Suzuki India Ltd. (NS:MRTI) added 1.22% or 100.80 points to end at 8,353.20 and Nestle India Ltd (NS:NEST) was up 1.19% or 224.75 points to 19,044.45 in late trade.

The worst performers of the session were State Bank Of India (NS:SBI), which fell 1.69% or 8.80 points to trade at 512.75 at the close. Bajaj Auto Ltd (NS:BAJA) declined 1.55% or 61.00 points to end at 3,862.95 and HCL Technologies Ltd (NS:HCLT) was down 1.50% or 16.20 points to 1,065.25.

The top performers on the BSE Sensex 30 were Nestle India Ltd (BO:NEST) which rose 1.25% to 19,050.35, Maruti Suzuki India Ltd. (BO:MRTI) which was up 1.07% to settle at 8,339.65 and Bharti Airtel Ltd (BO:BRTI) which gained 0.99% to close at 762.55.

The worst performers were State Bank Of India (BO:SBI) which was down 1.69% to 512.70 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 1.49% to settle at 2,797.40 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 1.49% to 1,679.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1200 to 715 and 62 ended unchanged; on the Bombay Stock Exchange, 1959 fell and 1419 advanced, while 126 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.14% to 14.49.

Gold Futures for April delivery was up 1.68% or 32.85 to $1,982.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.92% or 0.65 to hit $70.25 a barrel, while the May Brent oil contract fell 0.69% or 0.53 to trade at $76.16 a barrel.

USD/INR was down 0.29% to 82.26, while EUR/INR fell 0.11% to 89.46.

The US Dollar Index Futures was up 0.03% at 102.01.