India stocks lower at close of trade; Nifty 50 down 0.24%

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India stocks were lower after the close on Tuesday, as losses in the Healthcare, Capital Goods and Power sectors led shares lower.


At the close in NSE, the Nifty 50 declined 0.24%, while the BSE Sensex 30 index fell 0.26%.



The best performers of the session on the Nifty 50 were Tata Motors Ltd ., which rose 2.52% or 9.15 points to trade at 372.45 at the close. Meanwhile, Maruti Suzuki India Ltd.  added 2.50% or 91.00 points to end at 3729.95 and Idea Cellular Ltd  was up 1.90% or 2.00 points to 107.35 in late trade.



The worst performers of the session were Lupin Ltd , which fell 6.26% or 93.55 points to trade at 1401.55 at the close. Cipla Ltd. declined 3.95% or 20.70 points to end at 503.50 and Dr. Reddy's Laboratories Ltd.  was down 3.11% or 94.35 points to 2941.30.



The top performers on the BSE Sensex 30 were Tata Motors Ltd.  which rose 2.63% to 372.80, Maruti Suzuki India Ltd.  which was up 2.55% to settle at 3730.85 and AXIS Bank Ltd.  which gained 1.55% to close at 429.35.

The worst performers were Cipla Ltd.  which was down 3.83% to 504.35 in late trade, Dr. Reddy's Laboratories Ltd. which lost 2.98% to settle at 2945.15 and Gail (India) Ltd.  which was down 2.88% to 347.30 at the close.



Falling stocks outnumbered advancing ones on the India National Stock Exchange by 871 to 552 and 53 ended unchanged; on the Bombay Stock Exchange, 513 fell and 299 advanced, while 32 ended unchanged.



Shares in Lupin Ltd  fell to 52-week lows; falling 6.26% or 93.55 to 1401.55. Shares in Cipla Ltd.  fell to 52-week lows; down 3.95% or 20.70 to 503.50. Shares in Cipla Ltd.  fell to 52-week lows; down 3.83% or 20.10 to 504.35.



The India Vix, which measures the implied volatility of Nifty 50 options, was up 0.87% to 17.6375.



Gold for June delivery was down 0.21% or 2.60 to $1219.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.60% or 0.63 to hit $38.76 a barrel, while the June Brent oil contract fell 1.84% or 0.75 to trade at $40.12 a barrel.



USD/INR was down 0.18% to 66.490, while EUR/INR fell 0.45% to 74.4660.



The US Dollar Index was down 0.02% at 95.97.
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