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

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

At the close in NSE, the Nifty 50 fell 0.56%, while the BSE Sensex 30 index declined 0.48%.

The best performers of the session on the Nifty 50 were Bajaj Finance Ltd (NS:BJFN), which rose 2.10% or 164.10 points to trade at 7,974.85 at the close. Meanwhile, Larsen&Toubro Ltd (NS:LART) added 1.67% or 50.45 points to end at 3,074.00 and Titan Company Ltd (NS:TITN) was up 1.33% or 41.85 points to 3,190.65 in late trade.

The worst performers of the session were Oil And Natural Gas Corporation Ltd (NS:ONGC), which fell 3.75% or 7.20 points to trade at 184.65 at the close. Maruti Suzuki India Ltd. (NS:MRTI) declined 2.69% or 285.55 points to end at 10,325.05 and Eicher Motors Ltd. (NS:EICH) was down 2.68% or 92.45 points to 3,354.50.

The top performers on the BSE Sensex 30 were Bajaj Finance Ltd (BO:BJFN) which rose 2.04% to 7,968.95, Larsen&Toubro Ltd (BO:LART) which was up 1.68% to settle at 3,072.80 and Titan Company Ltd (BO:TITN) which gained 1.50% to close at 3,196.85.

The worst performers were Maruti Suzuki India Ltd. (BO:MRTI) which was down 2.46% to 10,340.90 in late trade, Dr. Reddy’s Laboratories Ltd (BO:REDY) which lost 2.27% to settle at 5,459.80 and NTPC Ltd (BO:NTPC) which was down 1.83% to 241.15 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1058 to 991 and 71 ended unchanged; on the Bombay Stock Exchange, 1859 rose and 1774 declined, while 186 ended unchanged.

Shares in Bajaj Finance Ltd (NS:BJFN) rose to all time highs; gaining 2.10% or 164.10 to 7,974.85. Shares in Larsen&Toubro Ltd (NS:LART) rose to all time highs; gaining 1.67% or 50.45 to 3,074.00. Shares in Bajaj Finance Ltd (BO:BJFN) rose to all time highs; rising 2.04% or 159.55 to 7,968.95. Shares in Larsen&Toubro Ltd (BO:LART) rose to all time highs; up 1.68% or 50.85 to 3,072.80.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.93% to 11.79.

Gold Futures for December delivery was down 0.28% or 5.15 to $1,842.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.53% or 0.47 to hit $88.35 a barrel, while the December Brent oil contract fell 0.63% or 0.57 to trade at $90.14 a barrel.

USD/INR was down 0.19% to 83.20, while EUR/INR rose 0.01% to 87.21.

The US Dollar Index Futures was up 0.17% at 106.79.