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India stocks lower at close of trade; Nifty 50 down 0.97% -Breaking

by Mike Robinson

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© Reuters India stocks lower at close of trade; Nifty 50 down 0.97%

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

NSE closed with the index losing 1.00% and the NSE fell by 0.97%.

AXIS Bank Ltd., which gained 2.88% (21.65 points) to trade at 773.85 by the closing of session on the was among the top performers. State Bank Of India, NS: added 2.78% (or 14.30) to trade at 528.95. Maruti Suzuki India Ltd. (NSS:) was up 2.53%, or 217.60 Points to 8820.20 late trade.

They were also the session’s worst performers HCL Technologies Ltd (NS): fell 4.9%, or 45.95 point to trade at 1077.75 by the close. Tech Mahindra Ltd (NS:) declined 3.67% or 55.00 points to end at 1445.60 and Dr. Reddy’s Laboratories Ltd (NS:) was down 3.33% or 146.50 points to 4256.35.

AXIS Bank Ltd., which rose 2.81% at 773.10 and State Bank Of India (BO) were the top performers on BSE Sensex 30. They also increased 2.75% at 529.00. Maruti Suzuki India Ltd. (BO) gained 2.52% at 8817.25.

The worst performers were HCL Technologies Ltd (BO:) which was down 4.17% to 1077.90 in late trade, Tech Mahindra Ltd (BO:) which lost 3.66% to settle at 1445.65 and Dr. Reddy’s Laboratories Ltd (BO:) which was down 3.42% to 4256.45 at the close.

On the India National Stock Exchange, falling stocks outnumbered those that advanced by 1051 to 755. 26 was unchanged. However, on the Bombay Stock Exchange 1812 fell while 1453 moved, and 91 was unchanged.

Maruti Suzuki India Ltd. shares (NS:), rose to their 3-year highs, up 2.53% (217.60 to 8520.20). Maruti Suzuki India Ltd.’s shares rose by 2.52%, or 216.65 to 8817.55.

The was down by 1.37% from 21.0650 to measure the implied volatility for Nifty50 options.

The February delivery of Gold Futures was lower by 0.87%, or 15.85, to $1813.85 per troy ounce. Other commodities traded included Crude oil, which rose 0.23 or 0.26 to reach $87.58/barrel in March, and April Brent oil, which rose 0.24 or 0.21 for $88.95/barrel.

USD/INR rose 0.08%, to 75.096. EUR/INR declined 0.08%, to 84.0705.

At 96.840, the US Dollar Index Futures rose 0.46%.

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