India stocks lower at close of trade; Nifty 50 down 0.16% By Investing.com

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

At the close in NSE, the fell 0.16% to hit a new 6-months low, while the index declined 0.26%.

The best performers of the session on the were Tata Motors Ltd (NS:), which rose 8.60% or 32.00 points to trade at 404.30 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:) added 3.82% or 32.50 points to end at 882.50 and Mahindra & Mahindra Ltd. (NS:) was up 2.80% or 24.25 points to 889.50 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:), which fell 4.40% or 17.85 points to trade at 388.00 at the close. JSW Steel Ltd (NS:) declined 3.90% or 24.35 points to end at 600.45 and State Bank Of India (NS:) was down 3.89% or 18.00 points to 444.65.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:) which rose 3.76% to 882.10, Mahindra & Mahindra Ltd. (BO:) which was up 2.78% to settle at 888.95 and Hindustan Unilever Ltd. (BO:) which gained 2.49% to close at 2,194.35.

The worst performers were State Bank Of India (BO:) which was down 3.76% to 445.05 in late trade, ICICI Bank Ltd (BO:) which lost 2.65% to settle at 677.45 and NTPC Ltd (BO:) which was down 2.56% to 144.80 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1276 to 563 and 26 ended unchanged; on the Bombay Stock Exchange, 2113 rose and 1111 declined, while 131 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 3.21% to 23.49.

Gold Futures for June delivery was down 0.48% or 8.74 to $1,815.86 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.81% or 1.92 to hit $108.05 a barrel, while the July Brent oil contract rose 1.81% or 1.94 to trade at $109.39 a barrel.

USD/INR was up 0.05% to 77.48, while EUR/INR rose 0.09% to 80.43.

The US Dollar Index Futures was down 0.07% at 104.83.