India stocks lower at close of trade; Nifty 50 down 2.23%

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At the close in NSE, the Nifty 50 declined 2.23%, while the BSE Sensex 30 index declined 2.13%.

The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 1.87% or 1.50 points to trade at 81.85 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:TCS) added 0.33% or 7.40 points to end at 2245.95 and HDFC Bank Ltd (NS:HDBK) was down 0.26% or 2.85 points to 1111.65 in late trade.

The worst performers of the session were Sun Pharmaceutical Industries Ltd. (NS:SUN), which fell 7.42% or 41.25 points to trade at 514.50 at the close. Zee Entertainment Enterprises Ltd. (NS:ZEE) declined 5.78% or 12.35 points to end at 201.50 and State Bank Of India (NS:SBI) was down 5.76% or 12.95 points to 211.90.

The top performers on the BSE Sensex 30 were Oil And Natural Gas Corporation Ltd (BO:ONGC) which rose 1.74% to 81.70, Tata Consultancy Services Ltd. (BO:TCS) which was up 0.37% to settle at 2245.35 and HDFC Bank Ltd (BO:HDBK) which lost 0.10% to close at 1113.85.

The worst performers were Sun Pharmaceutical Industries Ltd. (BO:SUN) which was down 7.34% to 515.00 in late trade, State Bank Of India (BO:SBI) which lost 5.69% to settle at 212.05 and Bajaj Finserv Ltd (BO:BJFS) which was down 5.34% to 6194.95 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1483 to 177 and 45 ended unchanged; on the Bombay Stock Exchange, 2213 fell and 458 advanced, while 133 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 24.46% to 22.8350.

Gold Futures for December delivery was down 0.10% or 1.95 to $1972.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.26% or 0.54 to hit $43.51 a barrel, while the November Brent oil contract rose 1.40% or 0.64 to trade at $46.45 a barrel.

USD/INR was up 0.50% to 73.480, while EUR/INR rose 0.68% to 87.5845.

The US Dollar Index Futures was down 0.07% at 92.312.

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