India stocks lower at close of trade; Nifty 50 down 1.00% By Investing.com

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 1.00%, while the index lost 1.03%.

The best performers of the session on the were UPL Ltd (NS:), which rose 2.39% or 18.25 points to trade at 782.75 at the close. Meanwhile, IndusInd Bank Ltd. (NS:) added 1.96% or 17.75 points to end at 921.70 and Bajaj Auto Ltd (NS:) was up 1.78% or 59.65 points to 3418.20 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:), which fell 2.96% or 20.55 points to trade at 673.95 at the close. UltraTech Cement Ltd (NS:) declined 2.62% or 201.00 points to end at 7458.55 and Tech Mahindra Ltd (NS:) was down 2.62% or 45.45 points to 1692.10.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:) which rose 1.74% to 919.65, Bharti Airtel Ltd (BO:) which was up 1.46% to settle at 710.25 and Maruti Suzuki India Ltd. (BO:) which gained 1.36% to close at 7879.10.

The worst performers were Tech Mahindra Ltd (BO:) which was down 2.56% to 1691.65 in late trade, UltraTech Cement Ltd (BO:) which lost 2.49% to settle at 7464.60 and Reliance Industries Ltd (BO:) which was down 2.01% to 2416.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 956 to 829 and 34 ended unchanged; on the Bombay Stock Exchange, 1930 rose and 1341 declined, while 87 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 4.35% to 17.9775.

Gold Futures for February delivery was down 1.26% or 23.05 to $1802.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.52% or 1.18 to hit $79.03 a barrel, while the March Brent oil contract rose 1.34% or 1.08 to trade at $81.88 a barrel.

USD/INR was up 0.03% to 74.455, while EUR/INR rose 0.24% to 84.2380.

The US Dollar Index Futures was down 0.01% at 96.168.