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 declined 0.54%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 3.33% or 70.95 points to trade at 2202.10 at the close. Meanwhile, Grasim Industries Ltd (NS:GRAS) added 2.76% or 22.15 points to end at 825.25 and Shree Cements Ltd. (NS:SHCM) was up 2.70% or 617.60 points to 23485.15 in late trade.

The worst performers of the session were State Bank Of India (NS:SBI), which fell 3.05% or 7.15 points to trade at 227.05 at the close. Kotak Mahindra Bank Ltd. (NS:KTKM) declined 2.85% or 51.55 points to end at 1756.30 and Coal India Ltd (NS:COAL) was down 2.66% or 3.35 points to 122.50.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 3.37% to 2203.00, ITC Ltd (BO:ITC) which was up 1.40% to settle at 187.85 and Larsen & Toubro Ltd (BO:LART) which gained 1.09% to close at 1071.00.

The worst performers were State Bank Of India (BO:SBI) which was down 3.16% to 226.80 in late trade, Kotak Mahindra Bank Ltd. (BO:KTKM) which lost 2.91% to settle at 1754.75 and IndusInd Bank Ltd. (BO:INBK) which was down 2.41% to 769.15 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 982 to 604 and 106 ended unchanged; on the Bombay Stock Exchange, 1506 rose and 1092 declined, while 188 ended unchanged.

Shares in Grasim Industries Ltd (NS:GRAS) rose to 52-week highs; gaining 2.76% or 22.15 to 825.25.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 6.41% to 20.6200.

Gold Futures for December delivery was up 0.27% or 4.95 to $1866.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.14% or 0.06 to hit $41.51 a barrel, while the January Brent oil contract rose 0.14% or 0.06 to trade at $43.86 a barrel.

USD/INR was up 0.17% to 74.566, while EUR/INR rose 0.52% to 88.1260.

The US Dollar Index Futures was down 0.25% at 92.793.

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