India stocks lower at close of trade; Nifty 50 down 0.05%

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At the close in NSE, the Nifty 50 fell 0.05%, while the BSE Sensex 30 index lost 0.03%.

The best performers of the session on the Nifty 50 were Titan Company Ltd (NS:TITN), which rose 3.06% or 76.60 points to trade at 2,580.15 at the close. Meanwhile, Mahindra & Mahindra Ltd. (NS:MAHM) added 1.61% or 19.85 points to end at 1,254.10 and Power Grid Corporation of India Ltd (NS:PGRD) was up 1.53% or 3.25 points to 215.90 in late trade.

The worst performers of the session were Bharti Airtel Ltd. (NS:BRTI), which fell 1.35% or 11.00 points to trade at 803.80 at the close. Apollo Hospitals Enterprises Ltd. (NS:APLH) declined 1.19% or 55.15 points to end at 4,588.65 and Hindalco Industries Ltd. (NS:HALC) was down 1.07% or 5.05 points to 465.95.

The top performers on the BSE Sensex 30 were Titan Company Ltd (BO:TITN) which rose 3.10% to 2,581.20, Mahindra & Mahindra Ltd. (BO:MAHM) which was up 1.57% to settle at 1,251.95 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.39% to close at 215.50.

The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 1.39% to 803.45 in late trade, Tata Steel Ltd (BO:TISC) which lost 1.08% to settle at 109.95 and UltraTech Cement Ltd (BO:ULTC) which was down 0.87% to 7,044.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1113 to 771 and 58 ended unchanged; on the Bombay Stock Exchange, 2009 rose and 1347 declined, while 141 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.69% to 15.40.

Gold Futures for February delivery was down 0.68% or 12.45 to $1,810.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.59% or 0.47 to hit $79.06 a barrel, while the March Brent oil contract fell 0.43% or 0.36 to trade at $84.32 a barrel.

USD/INR was up 0.01% to 82.84, while EUR/INR rose 0.02% to 88.13.

The US Dollar Index Futures was up 0.01% at 103.90.

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