India stocks lower at close of trade; Nifty 50 down 0.02%

Investing.com – India stocks were lower after the close on Thursday, as losses in the Fast Moving Consumer Goods , Healthcare and Public Sector Undertakings sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.02% to hit a new 3-months low, while the BSE Sensex 30 index declined 0.01%.

The best performers of the session on the Nifty 50 were Eicher Motors Ltd. (NS:EICH ), which rose 6.43% or 295.00 points to trade at 4,883.70 at the close. Meanwhile, Hero MotoCorp Ltd (NS:HROM ) added 1.87% or 84.40 points to end at 4,604.00 and HDFC Life Insurance Company Ltd (NS:HDFL ) was up 1.31% or 8.95 points to 694.00 in late trade.

The worst performers of the session were Hindustan Unilever Ltd. (NS:HLL ), which fell 3.07% or 75.75 points to trade at 2,389.20 at the close. Tata Consumer Products Ltd (NS:TACN ) declined 2.91% or 27.75 points to end at 925.00 and Britannia Industries Ltd (NS:BRIT ) was down 2.59% or 130.90 points to 4,915.60.

The top performers on the BSE Sensex 30 were Kotak Mahindra Bank Ltd. (BO:KTKM ) which rose 1.29% to 1,710.00, Reliance Industries Ltd (BO:RELI ) which was up 1.22% to settle at 1,267.55 and Tech Mahindra Ltd (BO:TEML ) which gained 0.78% to close at 1,689.10.

The worst performers were Hindustan Unilever Ltd. (BO:HLL ) which was down 2.87% to 2,394.00 in late trade, Nestle India Ltd (BO:NEST ) which lost 2.12% to settle at 2,188.35 and NTPC Ltd (BO:NTPC ) which was down 1.93% to 373.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1350 to 1104 and 161 ended unchanged; on the Bombay Stock Exchange, 2067 rose and 1697 declined, while 91 ended unchanged.

Shares in Nestle India Ltd (BO:NEST ) fell to 52-week lows; falling 2.12% or 47.30 to 2,188.35.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 4.16% to 14.79.

Gold Futures for December delivery was down 1.33% or 34.45 to $2,552.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.01% or 0.01 to hit $68.42 a barrel, while the January Brent oil contract rose 0.03% or 0.02 to trade at $72.30 a barrel.

USD/INR was up 0.06% to 84.48, while EUR/INR fell 0.47% to 88.76.

The US Dollar Index Futures was up 0.53% at 106.94.

Source: Investing.com