India stocks lower at close of trade; Nifty 50 down 0.51%

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

At the close in NSE, the fell 0.51%, while the index declined 0.43%.

The best performers of the session on the were Bharti Airtel Ltd. (NS:), which rose 2.89% or 9.95 points to trade at 349.10 at the close. Meanwhile, Bajaj Finance Ltd (NS:) added 1.61% or 64.45 points to end at 4057.40 and Kotak Mahindra Bank Ltd. (NS:) was up 0.97% or 15.80 points to 1643.50 in late trade.

The worst performers of the session were Indiabulls Housing Finance Ltd (NS:), which fell 6.10% or 25.25 points to trade at 390.10 at the close. Vedanta Ltd (NS:) declined 5.69% or 9.45 points to end at 157.25 and Zee Entertainment Enterprises Ltd. (NS:) was down 4.64% or 13.30 points to 273.55.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:) which rose 1.61% to 4065.35, Bharti Airtel Ltd (BO:) which was up 1.41% to settle at 348.80 and ITC Ltd (BO:) which gained 1.02% to close at 252.90.

The worst performers were Vedanta Ltd (BO:) which was down 5.39% to 157.20 in late trade, Yes Bank Ltd (BO:) which lost 4.41% to settle at 48.80 and Tata Steel Ltd (BO:) which was down 4.40% to 359.55 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1038 to 522 and 72 ended unchanged; on the Bombay Stock Exchange, 1479 fell and 932 advanced, while 138 ended unchanged.

Shares in Indiabulls Housing Finance Ltd (NS:) fell to 3-years lows; falling 6.10% or 25.25 to 390.10. Shares in Bajaj Finance Ltd (NS:) rose to all time highs; gaining 1.61% or 64.45 to 4057.40. Shares in Kotak Mahindra Bank Ltd. (NS:) rose to all time highs; rising 0.97% or 15.80 to 1643.50. Shares in Bajaj Finance Ltd (BO:) rose to all time highs; up 1.61% or 64.55 to 4065.35. Shares in Yes Bank Ltd (BO:) fell to 5-year lows; falling 4.41% or 2.25 to 48.80.

The , which measures the implied volatility of Nifty 50 options, was down 1.39% to 16.1150.

Gold Futures for December delivery was down 1.13% or 17.15 to $1498.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 1.19% or 0.67 to hit $55.74 a barrel, while the November Brent oil contract fell 1.51% or 0.95 to trade at $61.79 a barrel.

USD/INR was down 0.48% to 70.610, while EUR/INR fell 0.43% to 77.1485.

The US Dollar Index Futures was up 0.12% at 98.885.

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