India stocks lower at close of trade; Nifty 50 down 0.28%

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

At the close in NSE, the fell 0.28%, while the index lost 0.21%.

The best performers of the session on the were Bajaj Finance Ltd (NS:), which rose 1.27% or 84.95 points to trade at 6,790.00 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:) added 0.96% or 18.25 points to end at 1,927.40 and Bharti Airtel Ltd. (NS:) was up 0.90% or 7.10 points to 799.35 in late trade.

The worst performers of the session were Divi’s Laboratories Ltd. (NS:), which fell 3.50% or 114.50 points to trade at 3,153.50 at the close. Adani Ports and Special Economic Zone Ltd (NS:) declined 2.87% or 19.65 points to end at 664.95 and State Bank Of India (NS:) was down 2.06% or 12.10 points to 574.20.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:) which rose 1.22% to 6,790.05, Kotak Mahindra Bank Ltd. (BO:) which was up 1.03% to settle at 1,928.80 and Bharti Airtel Ltd (BO:) which gained 0.94% to close at 799.70.

The worst performers were State Bank Of India (BO:) which was down 2.11% to 574.15 in late trade, ITC Ltd (BO:) which lost 1.87% to settle at 419.65 and Titan Company Ltd (BO:) which was down 1.51% to 2,720.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1109 to 812 and 60 ended unchanged; on the Bombay Stock Exchange, 1845 fell and 1521 advanced, while 119 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 2.37% to 12.80.

Gold Futures for June delivery was down 0.26% or 5.25 to $1,979.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.29% or 0.21 to hit $72.62 a barrel, while the July Brent oil contract fell 0.30% or 0.23 to trade at $76.73 a barrel.

USD/INR was up 0.13% to 82.57, while EUR/INR fell 0.08% to 89.25.

The US Dollar Index Futures was up 0.27% at 103.01.