India stocks lower at close of trade; Nifty 50 down 0.13%

Investing.com – India stocks were lower after the close on Friday, as losses in the Fast Moving Consumer Goods, Healthcare and Oil & Gas sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.13%, while the BSE Sensex 30 index lost 0.09%.

The best performers of the session on the Nifty 50 were Wipro Ltd (NS:WIPR), which rose 3.88% or 20.55 points to trade at 550.60 at the close. Meanwhile, Bajaj Finance Ltd (NS:BJFN) added 2.29% or 170.20 points to end at 7,598.50 and Bajaj Finserv Ltd (NS:BJFS) was up 2.13% or 39.60 points to 1,894.45 in late trade.

The worst performers of the session were SBI Life Insurance Company Ltd (NS:SBIL), which fell 1.57% or 29.45 points to trade at 1,846.50 at the close. Adani Ports and Special Economic Zone Ltd (NS:APSE) declined 1.39% or 20.50 points to end at 1,452.10 and HDFC Life Insurance Company Ltd (NS:HDFL) was down 1.28% or 9.15 points to 705.40.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:WIPR) which rose 3.80% to 550.00, Bajaj Finserv Ltd (BO:BJFS) which was up 2.36% to settle at 1,897.20 and Bajaj Finance Ltd (BO:BJFN) which gained 2.25% to close at 7,592.40.

The worst performers were ITC Ltd (BO:ITC) which was down 1.15% to 513.10 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 0.88% to settle at 1,632.05 and NTPC Ltd (BO:NTPC) which was down 0.78% to 401.65 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1529 to 984 and 63 ended unchanged; on the Bombay Stock Exchange, 2358 rose and 1432 declined, while 102 ended unchanged.

Shares in Bajaj Finserv Ltd (NS:BJFS) rose to 52-week highs; rising 2.13% or 39.60 to 1,894.45. Shares in Bajaj Finserv Ltd (BO:BJFS) rose to 52-week highs; rising 2.36% or 43.70 to 1,897.20.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 5.06% to 12.52 a new 1-month low.

Gold Futures for December delivery was up 0.54% or 13.85 to $2,594.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.22% or 0.84 to hit $69.81 a barrel, while the November Brent oil contract rose 1.07% or 0.77 to trade at $72.74 a barrel.

USD/INR was down 0.02% to 83.91, while EUR/INR rose 0.12% to 93.06.

The US Dollar Index Futures was down 0.35% at 101.00.