India stocks lower at close of trade; Nifty 50 down 0.45%

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At the close in NSE, the Nifty 50 declined 0.45%, while the BSE Sensex 30 index lost 0.45%.

The best performers of the session on the Nifty 50 were Divi’s Laboratories Ltd. (NS:DIVI), which rose 0.98% or 34.30 points to trade at 3,543.85 at the close. Meanwhile, Larsen & Toubro Ltd (NS:LART) added 0.91% or 21.80 points to end at 2,416.25 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 0.51% or 13.90 points to 2,715.90 in late trade.

The worst performers of the session were Tata Steel Ltd (NS:TISC), which fell 2.46% or 2.80 points to trade at 111.10 at the close. Bajaj Finance Ltd (NS:BJFN) declined 2.44% or 176.15 points to end at 7,030.00 and Tata Consumer Products Ltd (NS:TACN) was down 2.12% or 18.25 points to 841.90.

The top performers on the BSE Sensex 30 were Larsen & Toubro Ltd (BO:LART) which rose 0.95% to 2,416.10, Bharti Airtel Ltd (BO:BRTI) which was up 0.55% to settle at 843.30 and Housing Development Finance Corporation Ltd (BO:HDFC) which gained 0.49% to close at 2,715.10.

The worst performers were Tata Steel Ltd (BO:TISC) which was down 2.46% to 111.10 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 2.35% to settle at 7,033.80 and Asian Paints Ltd. (BO:ASPN) which was down 1.98% to 3,249.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1339 to 603 and 54 ended unchanged; on the Bombay Stock Exchange, 2110 fell and 1286 advanced, while 122 ended unchanged.

Shares in Larsen & Toubro Ltd (NS:LART) rose to all time highs; rising 0.91% or 21.80 to 2,416.25. Shares in Larsen & Toubro Ltd (BO:LART) rose to all time highs; rising 0.95% or 22.80 to 2,416.10.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.26% to 11.55.

Gold Futures for August delivery was down 0.36% or 7.05 to $1,937.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.68% or 1.22 to hit $71.31 a barrel, while the August Brent oil contract fell 1.67% or 1.29 to trade at $75.83 a barrel.

USD/INR was up 0.04% to 81.97, while EUR/INR rose 0.20% to 90.20.

The US Dollar Index Futures was down 0.07% at 101.61.