India stocks lower at close of trade; Nifty 50 down 0.06%

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At the close in NSE, the Nifty 50 lost 0.06%, while the BSE Sensex 30 index fell 0.08%.

The best performers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 3.87% or 3.45 points to trade at 92.60 at the close. Meanwhile, Bharti Airtel Ltd. (NS:BRTI) added 2.77% or 14.95 points to end at 554.80 and Bharat Petroleum Corp. Ltd. (NS:BPCL) was up 2.62% or 8.10 points to 317.80 in late trade.

The worst performers of the session were Mahindra & Mahindra Ltd. (NS:MAHM), which fell 4.64% or 18.60 points to trade at 381.85 at the close. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 3.63% or 6.15 points to end at 163.50 and AXIS Bank Ltd (NS:AXBK) was down 3.27% or 13.15 points to 388.80.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 2.68% to 554.10, Asian Paints Ltd. (BO:ASPN) which was up 2.04% to settle at 1553.15 and Reliance Industries Ltd (BO:RELI) which gained 1.63% to close at 1458.90.

The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 4.56% to 382.00 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 3.30% to settle at 388.65 and IndusInd Bank Ltd. (BO:INBK) which was down 2.43% to 418.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 799 to 682 and 107 ended unchanged; on the Bombay Stock Exchange, 1161 fell and 1030 advanced, while 169 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 0.43% to 38.0175.

Gold Futures for June delivery was down 0.08% or 1.45 to $1739.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.60% or 0.44 to hit $28.00 a barrel, while the July Brent oil contract rose 1.57% or 0.49 to trade at $31.62 a barrel.

USD/INR was up 0.37% to 75.760, while EUR/INR rose 0.43% to 81.8970.

The US Dollar Index Futures was down 0.18% at 100.325.