India stocks lower at close of trade; Nifty 50 down 0.81%

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

At the close in NSE, the declined 0.81%, while the index declined 0.82%.

The best performers of the session on the were Bharti Infratel Ltd (NS:), which rose 5.26% or 12.95 points to trade at 259.70 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:) added 1.63% or 26.95 points to end at 1674.30 and JSW Steel Ltd (NS:) was up 0.74% or 1.85 points to 254.10 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:), which fell 10.47% or 6.50 points to trade at 56.00 at the close. State Bank Of India (NS:) declined 5.35% or 18.00 points to end at 320.00 and Zee Entertainment Enterprises Ltd. (NS:) was down 4.62% or 13.85 points to 287.70.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:) which rose 1.48% to 1674.30, Tata Steel Ltd (BO:) which was up 0.83% to settle at 402.95 and Reliance Industries Ltd (BO:) which gained 0.30% to close at 1554.95.

The worst performers were Yes Bank Ltd (BO:) which was down 9.82% to 56.00 in late trade, State Bank Of India (BO:) which lost 4.89% to settle at 319.80 and IndusInd Bank Ltd. (BO:) which was down 3.05% to 1463.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1109 to 452 and 67 ended unchanged; on the Bombay Stock Exchange, 1567 fell and 835 advanced, while 169 ended unchanged.

Shares in Kotak Mahindra Bank Ltd. (NS:) rose to all time highs; up 1.63% or 26.95 to 1674.30. Shares in Kotak Mahindra Bank Ltd. (BO:) rose to all time highs; up 1.48% or 24.35 to 1674.30.

The , which measures the implied volatility of Nifty 50 options, was down 4.65% to 13.6400.

Gold Futures for February delivery was down 0.19% or 2.75 to $1480.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.03% or 0.02 to hit $58.41 a barrel, while the February Brent oil contract rose 0.03% or 0.02 to trade at $63.41 a barrel.

USD/INR was up 0.13% to 71.321, while EUR/INR rose 0.05% to 79.1305.

The US Dollar Index Futures was up 0.05% at 97.415.

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