India stocks lower at close of trade; Nifty 50 down 0.47%

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At the close in NSE, the Nifty 50 declined 0.47%, while the BSE Sensex 30 index fell 0.51%.

The best performers of the session on the Nifty 50 were Bajaj Auto Ltd (NS:BAJA), which rose 5.23% or 377.15 points to trade at 7,590.00 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:APSE) added 2.71% or 30.40 points to end at 1,151.00 and Coal India Ltd (NS:COAL) was up 2.04% or 7.80 points to 390.40 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 5.89% or 82.95 points to trade at 1,325.00 at the close. Cipla Ltd. (NS:CIPL) declined 3.00% or 42.55 points to end at 1,374.80 and Bharti Airtel Ltd. (NS:BRTI) was down 2.53% or 30.15 points to 1,159.80.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which unchanged 0.00% to 2,949.55, Axis Bank Ltd. (BO:AXBK) which was unchanged 0.00% to settle at 1,043.10 and Bajaj Finance Ltd (BO:BJFN) which unchanged 0.00% to close at 7,085.15.

The worst performers were Asian Paints Ltd. (BO:ASPN) which was unchanged 0.00% to 2,949.55 in late trade, Axis Bank Ltd. (BO:AXBK) which unchanged 0.00% to settle at 1,043.10 and Bajaj Finance Ltd (BO:BJFN) which was unchanged 0.00% to 7,085.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 0 to 0; on the Bombay Stock Exchange, 0 fell and 0 advanced.

Shares in Bajaj Auto Ltd (NS:BAJA) rose to all time highs; up 5.23% or 377.15 to 7,590.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 3.55% to 13.86.

Gold Futures for February delivery was up 0.02% or 0.40 to $2,018.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.12% or 0.87 to hit $78.23 a barrel, while the March Brent oil contract rose 1.52% or 1.25 to trade at $83.68 a barrel.

USD/INR was down 0.02% to 83.12, while EUR/INR rose 0.06% to 90.21.

The US Dollar Index Futures was down 0.10% at 103.26.