India stocks lower at close of trade; Nifty 50 down 0.46%

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At the close in NSE, the Nifty 50 lost 0.46%, while the BSE Sensex 30 index fell 0.47%.

The best performers of the session on the Nifty 50 were Adani Enterprises Ltd (NS:ADEL), which rose 1.81% or 45.30 points to trade at 2,552.40 at the close. Meanwhile, IndusInd Bank Ltd. (NS:INBK) added 1.54% or 21.75 points to end at 1,430.20 and Adani Ports and Special Economic Zone Ltd (NS:APSE) was up 1.48% or 11.70 points to 802.80 in late trade.

The worst performers of the session were Asian Paints Ltd. (NS:ASPN), which fell 2.79% or 93.10 points to trade at 3,237.90 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) declined 1.67% or 30.65 points to end at 1,800.85 and ITC Ltd (NS:ITC) was down 1.50% or 6.90 points to 451.75.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 1.59% to 1,429.55, Titan Company Ltd (BO:TITN) which was up 0.83% to settle at 2,980.00 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 0.73% to close at 242.00.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was down 2.89% to 3,234.25 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 1.63% to settle at 1,800.40 and ITC Ltd (BO:ITC) which was down 1.56% to 451.45 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1112 to 870 and 62 ended unchanged; on the Bombay Stock Exchange, 1824 fell and 1644 advanced, while 139 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.33% to 11.40.

Gold Futures for December delivery was up 0.21% or 4.05 to $1,954.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.31% or 0.26 to hit $84.14 a barrel, while the October Brent oil contract fell 0.17% or 0.15 to trade at $87.40 a barrel.

USD/INR was down 0.30% to 82.67, while EUR/INR rose 0.30% to 91.16.

The US Dollar Index Futures was down 0.33% at 101.97.