India stocks lower at close of trade; Nifty 50 down 0.65%

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At the close in NSE, the Nifty 50 declined 0.65%, while the BSE Sensex 30 index declined 0.62%.

The best performers of the session on the Nifty 50 were Hindustan Unilever Ltd. (NS:HLL), which rose 2.61% or 63.80 points to trade at 2,511.20 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 2.35% or 8.25 points to end at 359.65 and ITC Ltd (NS:ITC) was up 0.87% or 3.25 points to 378.80 in late trade.

The worst performers of the session were Bajaj Finserv Ltd (NS:BJFS), which fell 4.33% or 56.35 points to trade at 1,245.40 at the close. Adani Enterprises Ltd (NS:ADEL) declined 3.82% or 71.60 points to end at 1,804.95 and Bajaj Finance Ltd (NS:BJFN) was down 3.17% or 181.55 points to 5,550.80.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 2.45% to 2,508.50, ITC Ltd (BO:ITC) which was up 0.80% to settle at 378.75 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 0.54% to close at 1,700.40.

The worst performers were Bajaj Finserv Ltd (BO:BJFS) which was down 4.25% to 1,245.80 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 3.18% to settle at 5,550.60 and Wipro Ltd (BO:WIPR) which was down 2.46% to 367.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1469 to 489 and 47 ended unchanged; on the Bombay Stock Exchange, 2391 fell and 1112 advanced, while 125 ended unchanged.

Shares in Wipro Ltd (BO:WIPR) fell to 52-week lows; losing 2.46% or 9.25 to 367.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 8.40% to 16.01.

Gold Futures for April delivery was up 0.40% or 7.85 to $1,981.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.88% or 1.26 to hit $65.67 a barrel, while the May Brent oil contract fell 2.04% or 1.49 to trade at $71.48 a barrel.

USD/INR was up 0.06% to 82.59, while EUR/INR rose 0.39% to 88.36.

The US Dollar Index Futures was down 0.11% at 103.24.