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

India stocks were lower after the close on Tuesday, as losses in the Fast Moving Consumer Goods, Healthcare and Banking sectors led shares lower.

At the close in NSE, the Nifty 50 fell 0.02%, while the BSE Sensex 30 index fell 0.01%.

The best performers of the session on the Nifty 50 were Tata Consumer Products Ltd (NSE:TACN), which rose 5.46% or 51.10 points to trade at 987.60 at the close. Meanwhile, Bharti Airtel Ltd. (NSE:BRTI) added 2.94% or 56.40 points to end at 1,973.90 and Trent Ltd (NSE:TREN) was up 2.58% or 71.00 points to 2,825.00 in late trade.

The worst performers of the session were Cipla Ltd. (NSE:CIPL), which fell 1.85% or 25.00 points to trade at 1,330.00 at the close. ITC Ltd (NSE:ITC) declined 1.52% or 3.95 points to end at 256.55 and Coal India Ltd (NSE:COAL) was down 1.41% or 5.70 points to 399.30.

The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.18% to 1,978.00, Maruti Suzuki India Ltd. (BO:MRTI) which was up 2.28% to settle at 11,454.85 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.99% to close at 251.50.

The worst performers were State Bank of India (BO:SBI) which was down 1.55% to 945.10 in late trade, Axis Bank Ltd. (BO:AXBK) which lost 1.53% to settle at 1,206.20 and Tata Consultancy Services Ltd. (BO:TCS) which was down 1.42% to 2,500.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1897 to 772 and 47 ended unchanged; on the Bombay Stock Exchange, 2726 rose and 1295 declined, while 186 ended unchanged.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 4.37% to 16.41.

Gold Futures for December delivery was down 0.78% or 31.35 to $4,007.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.52% or 0.53 to hit $102.29 a barrel, while the January Brent oil contract rose 0.38% or 0.42 to trade at $111.16 a barrel.

USD/INR was up 0.13% to 95.31, while EUR/INR fell 0.38% to 105.96.

The US Dollar Index Futures was up 0.28% at 102.08.