India stocks lower at close of trade; Nifty 50 down 0.70%

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 declined 0.70%, while the index fell 0.68%.

The best performers of the session on the were Maruti Suzuki India Ltd. (NS:), which rose 2.77% or 248.80 points to trade at 9,216.00 at the close. Meanwhile, Eicher Motors Ltd. (NS:) added 2.63% or 93.20 points to end at 3,635.00 and Adani Ports and Special Economic Zone Ltd (NS:) was up 2.18% or 20.70 points to 968.55 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:), which fell 3.98% or 17.60 points to trade at 424.40 at the close. Infosys Ltd (NS:) declined 2.89% or 42.60 points to end at 1,432.80 and Tech Mahindra Ltd (NS:) was down 2.84% or 31.70 points to 1,083.00.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:) which rose 3.23% to 9,245.20, Power Grid Corporation of India Ltd (BO:) which was up 2.24% to settle at 237.70 and NTPC Ltd (BO:) which gained 1.98% to close at 175.05.

The worst performers were Tech Mahindra Ltd (BO:) which was down 3.13% to 1,082.45 in late trade, Infosys Ltd (BO:) which lost 2.91% to settle at 1,432.05 and Tata Steel Ltd (BO:) which was down 1.92% to 107.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1006 to 834 and 45 ended unchanged; on the Bombay Stock Exchange, 1722 fell and 1624 advanced, while 117 ended unchanged.

Shares in Maruti Suzuki India Ltd. (NS:) rose to 3-years highs; gaining 2.77% or 248.80 to 9,216.00. Shares in Eicher Motors Ltd. (NS:) rose to all time highs; rising 2.63% or 93.20 to 3,635.00. Shares in Adani Ports and Special Economic Zone Ltd (NS:) rose to all time highs; gaining 2.18% or 20.70 to 968.55. Shares in Maruti Suzuki India Ltd. (BO:) rose to 3-years highs; rising 3.23% or 289.20 to 9,245.20. Shares in NTPC Ltd (BO:) rose to 5-year highs; gaining 1.98% or 3.40 to 175.05.

The , which measures the implied volatility of Nifty 50 options, was up 0.63% to 18.39.

Gold Futures for December delivery was down 0.79% or 13.55 to $1,695.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.83% or 0.73 to hit $87.75 a barrel, while the November Brent oil contract fell 0.80% or 0.75 to trade at $93.35 a barrel.

USD/INR was up 0.45% to 79.81, while EUR/INR rose 0.42% to 79.62.

The US Dollar Index Futures was up 0.13% at 109.51.

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