India stocks lower at close of trade; Nifty 50 down 0.63%

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

At the close in NSE, the lost 0.63%, while the index fell 0.85%.

The best performers of the session on the were Dr. Reddy’s Laboratories Ltd (NS:), which rose 3.49% or 95.05 points to trade at 2810.75 at the close. Meanwhile, ICICI Bank Ltd (NS:) added 3.19% or 13.95 points to end at 451.15 and Bharat Petroleum Corp. Ltd. (NS:) was up 2.38% or 12.40 points to 534.10 in late trade.

The worst performers of the session were Infosys Ltd (NS:), which fell 16.65% or 127.85 points to trade at 643.55 at the close. Tata Motors Ltd (NS:) declined 4.02% or 5.50 points to end at 131.75 and Bajaj Finserv Ltd (NS:) was down 3.16% or 260.95 points to 8008.85.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:) which rose 3.06% to 451.15, Sun Pharmaceutical Industries Ltd. (BO:) which was up 1.10% to settle at 405.80 and Bajaj Auto Ltd (BO:) which gained 1.04% to close at 3120.00.

The worst performers were Infosys Ltd (BO:) which was down 16.21% to 643.30 in late trade, Tata Motors Ltd DVR (BO:) which lost 4.48% to settle at 58.65 and Tata Motors Ltd (BO:) which was down 3.51% to 131.90 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 786 to 782 and 88 ended unchanged; on the Bombay Stock Exchange, 1242 fell and 1190 advanced, while 186 ended unchanged.

Shares in Bharat Petroleum Corp. Ltd. (NS:) rose to 52-week highs; gaining 2.38% or 12.40 to 534.10. Shares in Bajaj Auto Ltd (BO:) rose to 52-week highs; gaining 1.04% or 32.25 to 3120.00.

The , which measures the implied volatility of Nifty 50 options, was up 5.54% to 16.8100.

Gold Futures for December delivery was up 0.18% or 2.75 to $1490.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.50% or 0.27 to hit $53.78 a barrel, while the December Brent oil contract rose 0.63% or 0.37 to trade at $59.33 a barrel.

USD/INR was up 0.10% to 70.990, while EUR/INR rose 0.05% to 79.1005.

The US Dollar Index Futures was up 0.06% at 97.107.

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