India stocks lower at close of trade; Nifty 50 down 0.07%

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At the close in NSE, the Nifty 50 declined 0.07%, while the BSE Sensex 30 index declined 0.24%.

The best performers of the session on the Nifty 50 were Bharti Infratel Ltd (NS:BHRI), which rose 11.09% or 21.75 points to trade at 217.80 at the close. Meanwhile, Grasim Industries Ltd (NS:GRAS) added 7.02% or 47.65 points to end at 726.10 and Titan Company Ltd (NS:TITN) was up 5.69% or 63.85 points to 1185.15 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 2.17% or 4.25 points to trade at 191.95 at the close. ICICI Bank Ltd (NS:ICBK) declined 2.03% or 7.95 points to end at 384.45 and Bharti Airtel Ltd. (NS:BRTI) was down 1.99% or 10.95 points to 539.60.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 5.63% to 1184.90, Tech Mahindra Ltd (BO:TEML) which was up 3.16% to settle at 758.25 and Nestle India Ltd (BO:NEST) which gained 2.23% to close at 16351.15.

The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 2.42% to 382.75 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 1.95% to settle at 539.70 and Power Grid Corporation of India Ltd (BO:PGRD) which was down 1.65% to 178.30 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 905 to 688 and 76 ended unchanged; on the Bombay Stock Exchange, 1444 rose and 1175 declined, while 173 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.85% to 20.5025.

Gold Futures for December delivery was down 0.41% or 7.95 to $1936.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.69% or 0.70 to hit $40.81 a barrel, while the November Brent oil contract fell 1.53% or 0.68 to trade at $43.75 a barrel.

USD/INR was up 0.37% to 73.538, while EUR/INR rose 0.06% to 86.9000.

The US Dollar Index Futures was up 0.15% at 92.972.