India stocks lower at close of trade; Nifty 50 down 0.56%

Investing.com – India stocks were lower after the close on Friday, as losses in the Oil&Gas, Public Sector Undertakings and Auto sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.56%, while the BSE Sensex 30 index fell 0.62%.

The best performers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 3.18% or 14.70 points to trade at 476.80 at the close. Meanwhile, Bharti Airtel Ltd. (NS:BRTI) added 2.13% or 25.40 points to end at 1,220.00 and Bajaj Finance Ltd (NS:BJFN) was up 1.83% or 116.90 points to 6,514.35 in late trade.

The worst performers of the session were Mahindra&Mahindra Ltd. (NS:MAHM), which fell 4.82% or 91.05 points to trade at 1,799.50 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 3.66% or 22.30 points to end at 586.45 and Coal India Ltd (NS:COAL) was down 2.85% or 12.20 points to 415.50.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 1.55% to 1,213.85, Bajaj Finance Ltd (BO:BJFN) which was up 1.01% to settle at 6,456.75 and Bajaj Finserv Ltd (BO:BJFS) which gained 0.37% to close at 1,570.05.

The worst performers were Mahindra&Mahindra Ltd. (BO:MAHM) which was down 5.01% to 1,797.00 in late trade, NTPC Ltd (BO:NTPC) which lost 1.91% to settle at 316.10 and HCL Technologies Ltd (BO:HCLT) which was down 1.73% to 1,650.65 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1166 to 1007 and 34 ended unchanged; on the Bombay Stock Exchange, 1911 fell and 1764 advanced, while 107 ended unchanged.

Shares in Bharti Airtel Ltd. (NS:BRTI) rose to all time highs; up 2.13% or 25.40 to 1,220.00. Shares in Bharti Airtel Ltd (BO:BRTI) rose to all time highs; up 1.55% or 18.55 to 1,213.85.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.50% to 13.69.

Gold Futures for April delivery was up 0.36% or 7.75 to $2,175.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.59% or 0.48 to hit $80.78 a barrel, while the May Brent oil contract fell 0.59% or 0.50 to trade at $84.92 a barrel.

USD/INR was down 0.10% to 82.88, while EUR/INR rose 0.01% to 90.29.

The US Dollar Index Futures was down 0.03% at 102.96.