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

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

Investing.com – India stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in NSE, the fell 0.47%, while the index fell 0.51%.

The best performers of the session on the were Bajaj Auto Ltd (NS:), which rose 5.23% or 377.15 points to trade at 7,590.00 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:) added 2.71% or 30.40 points to end at 1,151.00 and Coal India Ltd (NS:) was up 2.04% or 7.80 points to 390.40 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:), which fell 5.89% or 82.95 points to trade at 1,325.00 at the close. Cipla Ltd. (NS:) declined 3.00% or 42.55 points to end at 1,374.80 and Bharti Airtel Ltd. (NS:) was down 2.53% or 30.15 points to 1,159.80.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:) which rose 1.78% to 314.65, IndusInd Bank Ltd. (BO:) which was up 1.00% to settle at 1,505.45 and ICICI Bank Ltd (BO:) which gained 0.94% to close at 1,008.55.

The worst performers were Tech Mahindra Ltd (BO:) which was down 6.02% to 1,323.00 in late trade, Bharti Airtel Ltd (BO:) which lost 2.54% to settle at 1,160.25 and LTIMindtree Ltd (BO:) which was down 2.14% to 5,501.40 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1220 to 894 and 48 ended unchanged; on the Bombay Stock Exchange, 2089 rose and 1592 declined, while 83 ended unchanged.

Shares in Bajaj Auto Ltd (NS:) rose to all time highs; gaining 5.23% or 377.15 to 7,590.00.

The , which measures the implied volatility of Nifty 50 options, was down 3.55% to 13.86.

Gold Futures for February delivery was up 0.11% or 2.15 to $2,018.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.50% or 1.13 to hit $76.22 a barrel, while the March Brent oil contract rose 1.35% or 1.08 to trade at $81.12 a barrel.

USD/INR was down 0.05% to 83.11, while EUR/INR rose 0.03% to 90.54.

The US Dollar Index Futures was down 0.06% at 102.98.

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