India stocks lower at close of trade; Nifty 50 down 0.92%

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At the close in NSE, the Nifty 50 fell 0.92%, while the BSE Sensex 30 index lost 1.02%.

The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 5.13% or 7.90 points to trade at 161.85 at the close. Meanwhile, NTPC Ltd (NS:NTPC) added 1.48% or 2.30 points to end at 157.50 and Coal India Ltd (NS:COAL) was up 1.39% or 2.70 points to 197.55 in late trade.

The worst performers of the session were Titan Company Ltd (NS:TITN), which fell 4.45% or 97.75 points to trade at 2,100.80 at the close. UPL Ltd (NS:UPLL) declined 4.21% or 32.80 points to end at 746.20 and Dr. Reddy’s Laboratories Ltd (NS:REDY) was down 3.76% or 161.80 points to 4,143.95.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 1.35% to 157.25, Maruti Suzuki India Ltd. (BO:MRTI) which was up 1.30% to settle at 7,811.25 and Mahindra & Mahindra Ltd. (BO:MAHM) which gained 0.50% to close at 1,041.60.

The worst performers were Titan Company Ltd (BO:TITN) which was down 4.48% to 2,100.70 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 3.87% to settle at 4,142.15 and Larsen & Toubro Ltd (BO:LART) which was down 3.00% to 1,589.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1195 to 628 and 51 ended unchanged; on the Bombay Stock Exchange, 1920 fell and 1263 advanced, while 120 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.10% to 20.42.

Gold Futures for August delivery was up 0.45% or 8.30 to $1,852.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.08% or 0.09 to hit $118.41 a barrel, while the August Brent oil contract fell 0.17% or 0.20 to trade at $119.31 a barrel.

USD/INR was down 0.09% to 77.77, while EUR/INR fell 0.17% to 83.06.

The US Dollar Index Futures was up 0.19% at 102.64.