India stocks lower at close of trade; Nifty 50 down 0.84%

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At the close in NSE, the Nifty 50 declined 0.84%, while the BSE Sensex 30 index declined 1.02%.

The best performers of the session on the Nifty 50 were NTPC Ltd (NS:NTPC), which rose 6.87% or 6.50 points to trade at 101.15 at the close. Meanwhile, Oil And Natural Gas Corporation Ltd (NS:ONGC) added 3.33% or 2.65 points to end at 82.20 and Power Grid Corporation of India Ltd (NS:PGRD) was up 2.59% or 4.60 points to 181.95 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:TAMO), which fell 2.64% or 3.30 points to trade at 121.85 at the close. Housing Development Finance Corporation Ltd (NS:HDFC) declined 2.28% or 41.75 points to end at 1786.20 and AXIS Bank Ltd (NS:AXBK) was down 2.16% or 9.60 points to 434.60.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 6.71% to 101.00, Oil And Natural Gas Corporation Ltd (BO:ONGC) which was up 3.14% to settle at 82.00 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 2.11% to close at 181.10.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 2.31% to 1786.00 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 1.99% to settle at 435.25 and Bharti Airtel Ltd (BO:BRTI) which was down 1.98% to 525.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 953 to 663 and 70 ended unchanged; on the Bombay Stock Exchange, 1512 rose and 1096 declined, while 142 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 3.31% to 20.6175.

Gold Futures for December delivery was down 1.90% or 37.50 to $1932.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.04% or 0.45 to hit $42.66 a barrel, while the October Brent oil contract fell 1.08% or 0.49 to trade at $44.88 a barrel.

USD/INR was up 0.35% to 75.109, while EUR/INR rose 0.31% to 88.8660.

The US Dollar Index Futures was up 0.15% at 93.023.