India stocks lower at close of trade; Nifty 50 down 0.47%

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At the close in NSE, the Nifty 50 declined 0.47%, while the BSE Sensex 30 index fell 0.53%.

The best performers of the session on the Nifty 50 were Shree Cements Ltd. (NS:SHCM), which rose 1.32% or 282.00 points to trade at 21,630.00 at the close. Meanwhile, Divi’s Laboratories Ltd. (NS:DIVI) added 1.12% or 39.20 points to end at 3,535.85 and Hindalco Industries Ltd. (NS:HALC) was up 0.91% or 3.90 points to 432.75 in late trade.

The worst performers of the session were Adani Ports and Special Economic Zone Ltd (NS:APSE), which fell 2.43% or 20.30 points to trade at 816.00 at the close. Bajaj Finance Ltd (NS:BJFN) declined 1.81% or 129.75 points to end at 7,047.15 and Infosys Ltd (NS:INFY) was down 1.26% or 19.35 points to 1,518.15.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 0.46% to 8,732.20, State Bank Of India (BO:SBI) which was up 0.27% to settle at 520.55 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which gained 0.20% to close at 4,225.70.

The worst performers were Bajaj Finance Ltd (BO:BJFN) which was down 1.81% to 7,045.15 in late trade, Power Grid Corporation of India Ltd (BO:PGRD) which lost 1.33% to settle at 226.25 and Infosys Ltd (BO:INFY) which was down 1.20% to 1,518.85 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 986 to 846 and 46 ended unchanged; on the Bombay Stock Exchange, 1834 rose and 1453 declined, while 129 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.19% to 19.57.

Gold Futures for December delivery was up 0.83% or 14.65 to $1,776.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.09% or 0.09 to hit $94.80 a barrel, while the October Brent oil contract rose 0.10% or 0.10 to trade at $101.32 a barrel.

USD/INR was up 0.14% to 79.90, while EUR/INR rose 0.27% to 79.72.

The US Dollar Index Futures was down 0.24% at 108.36.