India stocks lower at close of trade; Nifty 50 down 0.59%

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At the close in NSE, the Nifty 50 declined 0.59%, while the BSE Sensex 30 index declined 0.56%.

The best performers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 3.28% or 37.15 points to trade at 1,171.45 at the close. Meanwhile, Power Grid Corporation of India Ltd (NS:PGRD) added 1.03% or 2.50 points to end at 244.30 and Titan Company Ltd (NS:TITN) was up 0.96% or 28.70 points to 3,017.25 in late trade.

The worst performers of the session were IndusInd Bank Ltd. (NS:INBK), which fell 2.30% or 32.95 points to trade at 1,397.25 at the close. NTPC Ltd (NS:NTPC) declined 1.93% or 4.20 points to end at 213.20 and Divi’s Laboratories Ltd. (NS:DIVI) was down 1.77% or 66.35 points to 3,679.15.

The top performers on the BSE Sensex 30 were HCL Technologies Ltd (BO:HCLT) which rose 3.24% to 1,171.35, Power Grid Corporation of India Ltd (BO:PGRD) which was up 0.95% to settle at 244.30 and Titan Company Ltd (BO:TITN) which gained 0.88% to close at 3,015.85.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 2.31% to 1,397.20 in late trade, NTPC Ltd (BO:NTPC) which lost 2.02% to settle at 213.00 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 1.59% to 1,132.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1205 to 784 and 57 ended unchanged; on the Bombay Stock Exchange, 1961 fell and 1481 advanced, while 148 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.07% to 11.52.

Gold Futures for December delivery was up 0.08% or 1.65 to $1,950.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.25% or 0.21 to hit $83.03 a barrel, while the October Brent oil contract rose 0.30% or 0.26 to trade at $86.66 a barrel.

USD/INR was down 0.06% to 82.82, while EUR/INR rose 0.15% to 91.06.

The US Dollar Index Futures was up 0.01% at 102.37.