India stocks lower at close of trade; Nifty 50 down 1.27% By Investing.com

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 declined 1.27%, while the index fell 1.23%.

The best performers of the session on the were Adani Ports and Special Economic Zone Ltd (NS:), which rose 2.78% or 23.65 points to trade at 874.15 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:) added 1.06% or 9.65 points to end at 920.65 and Maruti Suzuki India Ltd. (NS:) was up 0.32% or 25.30 points to 7,904.50 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:), which fell 4.83% or 26.10 points to trade at 514.15 at the close. Hindustan Unilever Ltd. (NS:) declined 3.23% or 71.00 points to end at 2,126.95 and Cipla Ltd. (NS:) was down 3.16% or 31.55 points to 967.00.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:) which rose 0.98% to 920.30, Bharti Airtel Ltd (BO:) which was up 0.50% to settle at 738.45 and Maruti Suzuki India Ltd. (BO:) which gained 0.35% to close at 7,903.25.

The worst performers were State Bank Of India (BO:) which was down 3.08% to 500.40 in late trade, Hindustan Unilever Ltd. (BO:) which lost 3.06% to settle at 2,129.70 and IndusInd Bank Ltd. (BO:) which was down 2.94% to 959.90 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1141 to 682 and 47 ended unchanged; on the Bombay Stock Exchange, 1864 fell and 1428 advanced, while 117 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 2.80% to 18.35.

Gold Futures for June delivery was down 0.65% or 12.75 to $1,935.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.67% or 1.73 to hit $102.06 a barrel, while the June Brent oil contract fell 1.63% or 1.77 to trade at $106.56 a barrel.

USD/INR was up 0.25% to 76.45, while EUR/INR fell 0.01% to 82.61.

The US Dollar Index Futures was up 0.38% at 100.99.