India stocks lower at close of trade; Nifty 50 down 0.46%

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At the close in NSE, the Nifty 50 lost 0.46%, while the BSE Sensex 30 index declined 0.60%.

The best performers of the session on the Nifty 50 were Vedanta Ltd (NS:VDAN), which rose 12.44% or 9.90 points to trade at 89.50 at the close. Meanwhile, NTPC Ltd (NS:NTPC) added 5.94% or 5.15 points to end at 91.80 and ITC Ltd (NS:ITC) was up 4.45% or 7.05 points to 165.50 in late trade.

The worst performers of the session were Reliance Industries Ltd (NS:RELI), which fell 5.73% or 90.35 points to trade at 1486.45 at the close. GAIL Ltd (NS:GAIL) declined 3.69% or 3.40 points to end at 88.65 and Asian Paints Ltd. (NS:ASPN) was down 2.97% or 46.60 points to 1523.00.

The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 5.71% to 91.60, Bharti Airtel Ltd (BO:BRTI) which was up 4.23% to settle at 558.80 and ITC Ltd (BO:ITC) which gained 4.17% to close at 165.05.

The worst performers were Reliance Industries Ltd (BO:RELI) which was down 6.12% to 1480.25 in late trade, Asian Paints Ltd. (BO:ASPN) which lost 2.95% to settle at 1523.00 and Kotak Mahindra Bank Ltd. (BO:KTKM) which was down 2.56% to 1158.60 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 947 to 548 and 84 ended unchanged; on the Bombay Stock Exchange, 1307 fell and 861 advanced, while 162 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.44% to 38.2050.

Gold Futures for June delivery was up 0.51% or 8.60 to $1706.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 5.55% or 1.34 to hit $25.48 a barrel, while the July Brent oil contract rose 3.00% or 0.89 to trade at $30.52 a barrel.

USD/INR was down 0.62% to 75.388, while EUR/INR fell 0.42% to 81.6265.

The US Dollar Index Futures was down 0.19% at 100.078.

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