India stocks lower at close of trade; Nifty 50 down 0.35%

Investing.com – India stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in NSE, the declined 0.35%, while the index declined 0.53%.

The best performers of the session on the were Divi’s Laboratories Ltd. (NS:), which rose 3.09% or 121.10 points to trade at 4,037.00 at the close. Meanwhile, Adani Ports and Special Economic Zone Ltd (NS:) added 2.97% or 31.15 points to end at 1,079.00 and Sun Pharmaceutical Industries Ltd. (NS:) was up 2.84% or 35.75 points to 1,296.00 in late trade.

The worst performers of the session were Eicher Motors Ltd. (NS:), which fell 3.56% or 143.85 points to trade at 3,894.50 at the close. UltraTech Cement Ltd (NS:) declined 2.47% or 258.90 points to end at 10,205.10 and Mahindra & Mahindra Ltd. (NS:) was down 2.43% or 41.45 points to 1,661.85.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:) which rose 2.85% to 1,295.75, Dr. Reddy’s Laboratories Ltd (BO:) which was up 1.87% to settle at 5,927.70 and Bajaj Finance Ltd (BO:) which gained 1.76% to close at 7,427.20.

The worst performers were Mahindra & Mahindra Ltd. (BO:) which was down 2.78% to 1,656.30 in late trade, Kotak Mahindra Bank Ltd. (BO:) which lost 2.56% to settle at 1,862.00 and UltraTech Cement Ltd (BO:) which was down 2.46% to 10,203.75 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1112 to 1006 and 47 ended unchanged; on the Bombay Stock Exchange, 1960 rose and 1708 declined, while 123 ended unchanged.

Shares in Divi’s Laboratories Ltd. (NS:) rose to 52-week highs; up 3.09% or 121.10 to 4,037.00. Shares in Sun Pharmaceutical Industries Ltd. (NS:) rose to all time highs; up 2.84% or 35.75 to 1,296.00. Shares in Sun Pharmaceutical Industries Ltd. (BO:) rose to all time highs; rising 2.85% or 35.85 to 1,295.75.

The , which measures the implied volatility of Nifty 50 options, was down 0.68% to 14.58.

Gold Futures for February delivery was up 0.58% or 12.05 to $2,083.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.32% or 1.66 to hit $73.31 a barrel, while the March Brent oil contract rose 2.34% or 1.80 to trade at $78.84 a barrel.

USD/INR was up 0.11% to 83.32, while EUR/INR fell 0.51% to 91.67.

The US Dollar Index Futures was up 0.33% at 101.36.