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India stocks lower at close of trade; Nifty 50 down 0.53% By Investing.com

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© Reuters India stocks lower at close of trade; Nifty 50 down 0.53%

Investing.com – India stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in NSE, the lost 0.53%, while the index fell 0.48%.

The best performers of the session on the were Bajaj Finance Ltd (NS:), which rose 2.03% or 152.70 points to trade at 7668.10 at the close. Meanwhile, Bajaj Finserv Ltd (NS:) added 2.02% or 353.00 points to end at 17786.75 and Tata Motors Ltd (NS:) was up 0.94% or 3.10 points to 333.35 in late trade.

Power Grid Corporation of India Ltd. (NS:) was the worst performer of the session, falling 2.64% or 5.15 to close at 189.90. Asian Paints Ltd. (NS:) declined 2.36% or 78.40 points to end at 3244.65 and AXIS Bank Ltd (NS:) was down 1.99% or 15.60 points to 766.55.

Bajaj Finserv Ltd. rose 2.19%, to 17810.00. Bajaj Finance Ltd. was up 2.05%, to settle at 7670.70. NTPC Ltd. gained 0.92% to finish at 141.85.

Power Grid Corporation of India Ltd.(BO:), which fell 2.67%, to 189.90 late trade, Asian Paints Ltd.. (BO;) that lost 2.34% at 3244.40, and AXIS Bank Ltd.. (BO.) which dropped 1.87% at 766.80 close.

The India National Stock Exchange saw rising stocks surpass declining stocks by 896-804 and 64 closed unchanged. On the Bombay Stock Exchange however, 1751 rose while 1344 fell, and 132 were unchanged.

NTPC Ltd shares rose by 0.92%, or 1.30 to 141.85 to reach 52 week highs.

The was, which tracks the implied volatility for Nifty 50 options (or a combination thereof), fell 2.31% or 1.30 to 18.4025.

For December delivery, Gold Futures rose 0.08% to $1724.25 per troy-ounce. In commodities trading, crude oil fell 0.16 percent to $74.67 per barrel in November. The December Brent oil contract dropped 0.222% to $77.92 per barrel.

USD/INR rose 0.01% at 74.285 while EUR/INR dropped 0.17% at 85.9805.

US Dollar Index Futures were up 0.15 at 94.493.

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