India stocks lower at close of trade; Nifty 50 down 0.30%

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 declined 0.30%, while the index fell 0.17%.

The best performers of the session on the were ICICI Bank Ltd (NS:), which rose 3.05% or 15.20 points to trade at 510.70 at the close. Meanwhile, GAIL Ltd (NS:) added 2.46% or 3.00 points to end at 125.00 and Dr. Reddy’s Laboratories Ltd (NS:) was up 1.86% or 54.35 points to 2965.85 in late trade.

The worst performers of the session were Zee Entertainment Enterprises Ltd. (NS:), which fell 7.34% or 25.25 points to trade at 319.70 at the close. Bharti Infratel Ltd (NS:) declined 6.52% or 16.30 points to end at 232.65 and Bharti Airtel Ltd. (NS:) was down 4.03% or 18.20 points to 432.35.

The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:) which rose 2.62% to 511.10, IndusInd Bank Ltd. (BO:) which was up 1.46% to settle at 1519.00 and Tata Steel Ltd (BO:) which gained 1.17% to close at 424.45.

The worst performers were Bharti Airtel Ltd (BO:) which was down 4.34% to 431.70 in late trade, Tata Motors Ltd DVR (BO:) which lost 2.76% to settle at 73.95 and Power Grid Corporation of India Ltd (BO:) which was down 2.26% to 194.30 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 921 to 646 and 63 ended unchanged; on the Bombay Stock Exchange, 1350 fell and 1056 advanced, while 166 ended unchanged.

Shares in ICICI Bank Ltd (NS:) rose to all time highs; gaining 3.05% or 15.20 to 510.70. Shares in Dr. Reddy’s Laboratories Ltd (NS:) rose to 52-week highs; gaining 1.86% or 54.35 to 2965.85. Shares in ICICI Bank Ltd (BO:) rose to all time highs; up 2.62% or 13.05 to 511.10.

The , which measures the implied volatility of Nifty 50 options, was down 1.10% to 14.8375.

Gold Futures for February delivery was up 0.04% or 0.55 to $1464.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.03% or 0.02 to hit $58.03 a barrel, while the February Brent oil contract fell 0.06% or 0.04 to trade at $62.58 a barrel.

USD/INR was down 0.14% to 71.588, while EUR/INR fell 0.08% to 78.8825.

The US Dollar Index Futures was down 0.01% at 98.225.

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