India stocks lower at close of trade; Nifty 50 down 0.34%

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At the close in NSE, the Nifty 50 declined 0.34%, while the BSE Sensex 30 index declined 0.33%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 2.95% or 41.60 points to trade at 1,452.90 at the close. Meanwhile, Maruti Suzuki India Ltd. (NS:MRTI) added 2.44% or 250.85 points to end at 10,535.15 and State Bank Of India (NS:SBI) was up 1.70% or 10.00 points to 598.15 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR), which fell 2.44% or 10.45 points to trade at 418.50 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 2.32% or 131.50 points to end at 5,537.00 and Cipla Ltd. (NS:CIPL) was down 1.70% or 20.50 points to 1,185.90.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 2.92% to 1,452.75, Maruti Suzuki India Ltd. (BO:MRTI) which was up 2.34% to settle at 10,536.45 and State Bank Of India (BO:SBI) which gained 1.67% to close at 598.10.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.74% to 5,516.35 in late trade, Wipro Ltd (BO:WIPR) which lost 2.32% to settle at 418.65 and HDFC Bank Ltd (BO:HDBK) which was down 1.57% to 1,529.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1075 to 922 and 63 ended unchanged; on the Bombay Stock Exchange, 1778 fell and 1731 advanced, while 140 ended unchanged.

Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to all time highs; rising 2.44% or 250.85 to 10,535.15. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to all time highs; up 2.34% or 240.45 to 10,536.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.46% to 10.66.

Gold Futures for December delivery was up 0.28% or 5.45 to $1,945.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.16% or 1.04 to hit $90.67 a barrel, while the November Brent oil contract rose 0.94% or 0.88 to trade at $94.18 a barrel.

USD/INR was down 0.21% to 82.96, while EUR/INR fell 0.47% to 88.21.

The US Dollar Index Futures was up 0.24% at 105.30.