India stocks lower at close of trade; Nifty 50 down 1.07% By

© Reuters. India stocks lower at close of trade; Nifty 50 down 1.07% – India stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in NSE, the declined 1.07% to hit a new 1-month low, while the index declined 1.13%.

The best performers of the session on the were AXIS Bank Ltd (NS:), which rose 5.54% or 35.00 points to trade at 667.10 at the close. Meanwhile, State Bank Of India (NS:) added 2.63% or 7.25 points to end at 282.90 and Indian Oil Corporation Ltd (NS:) was up 1.59% or 1.45 points to 92.85 in late trade.

The worst performers of the session were Hindustan Unilever Ltd. (NS:), which fell 3.65% or 87.30 points to trade at 2304.00 at the close. Maruti Suzuki India Ltd. (NS:) declined 3.44% or 270.90 points to end at 7600.00 and Wipro Ltd (NS:) was down 3.01% or 13.45 points to 433.00.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:) which rose 5.52% to 666.80, State Bank Of India (BO:) which was up 2.47% to settle at 282.40 and ICICI Bank Ltd (BO:) which gained 1.30% to close at 529.10.

The worst performers were Hindustan Unilever Ltd. (BO:) which was down 3.65% to 2303.60 in late trade, Maruti Suzuki India Ltd. (BO:) which lost 3.41% to settle at 7598.20 and HDFC Bank Ltd (BO:) which was down 2.81% to 1370.20 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 873 to 759 and 57 ended unchanged; on the Bombay Stock Exchange, 1518 rose and 1242 declined, while 158 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 0.42% to 24.2900.

Gold Futures for February delivery was down 0.27% or 4.90 to $1840.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.11% or 0.06 to hit $52.79 a barrel, while the April Brent oil contract fell 0.09% or 0.05 to trade at $55.48 a barrel.

USD/INR was down 0.01% to 73.049, while EUR/INR rose 0.00% to 88.4770.

The US Dollar Index Futures was up 0.02% at 90.655.

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