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India stocks lower at close of trade; Nifty 50 down 0.34%

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India stocks were lower after the close on Friday, as losses in the Healthcare, Consumer Durables and Real Estate sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.34%, while the BSE Sensex 30 index declined 0.33%.

The best performers of the session on the Nifty 50 were IndusInd Bank Ltd. (NS:INBK), which rose 2.95% or 41.60 points to trade at 1,452.90 at the close. Meanwhile, Maruti Suzuki India Ltd. (NS:MRTI) added 2.44% or 250.85 points to end at 10,535.15 and State Bank Of India (NS:SBI) was up 1.70% or 10.00 points to 598.15 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR), which fell 2.44% or 10.45 points to trade at 418.50 at the close. Dr. Reddy’s Laboratories Ltd (NS:REDY) declined 2.32% or 131.50 points to end at 5,537.00 and Cipla Ltd. (NS:CIPL) was down 1.70% or 20.50 points to 1,185.90.

The top performers on the BSE Sensex 30 were IndusInd Bank Ltd. (BO:INBK) which rose 2.92% to 1,452.75, Maruti Suzuki India Ltd. (BO:MRTI) which was up 2.34% to settle at 10,536.45 and State Bank Of India (BO:SBI) which gained 1.67% to close at 598.10.

The worst performers were Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.74% to 5,516.35 in late trade, Wipro Ltd (BO:WIPR) which lost 2.32% to settle at 418.65 and HDFC Bank Ltd (BO:HDBK) which was down 1.57% to 1,529.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1075 to 922 and 63 ended unchanged; on the Bombay Stock Exchange, 1778 fell and 1731 advanced, while 140 ended unchanged.

Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to all time highs; rising 2.44% or 250.85 to 10,535.15. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to all time highs; up 2.34% or 240.45 to 10,536.45.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.46% to 10.66.

Gold Futures for December delivery was up 0.28% or 5.45 to $1,945.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.16% or 1.04 to hit $90.67 a barrel, while the November Brent oil contract rose 0.94% or 0.88 to trade at $94.18 a barrel.

USD/INR was down 0.21% to 82.96, while EUR/INR fell 0.47% to 88.21.

The US Dollar Index Futures was up 0.24% at 105.30.

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