Nifty 50 down 1.08%

India stocks were lower after the close on Thursday, as losses in the MetalsBanking and Carbon sectors led shares lower.

At the close in NSE, the Nifty 50 fell 1.08%, while the BSE Sensex 30 index lost 1.16%.

The best performers of the session on the Nifty 50 were UltraTech Cement Ltd (NS:ULTC), which rose 4.23% or 275.05 points to trade at 6775.55 at the close. Meanwhile, Shree Cements Ltd. (NS:SHCM) added 3.54% or 981.35 points to end at 28676.60 and Adani Port and Special Economic Zone Ltd (NS:APSE) was up 3.10% or 22.60 points to 752.45 in late trade.

The worst performers of the session were JSW Steel Ltd (NS:JSTL), which fell 3.28% or 14.05 points to trade at 414.10 at the close. Hindalco Industries Ltd. (NS:HALC) declined 2.75% or 9.90 points to end at 349.45 and Housing Development Finance Corporation Ltd (NS:HDFC) was down 2.71% or 71.95 points to 2582.95.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:ULTC) which rose 4.07% to 6763.90, Dr. Reddy’s Laboratories Ltd (BO:REDY) which was up 1.56% to settle at 4571.00 and Asian Paints Ltd. (BO:ASPN) which gained 0.65% to close at 2417.90.

The worst performers were Housing Development Finance Corporation Ltd (BO:HDFC) which was down 2.62% to 2583.20 in late trade, State Bank Of India (BO:SBI) which lost 2.28% to settle at 395.80 and Bajaj Finserv Ltd (BO:BJFS) which was down 2.24% to 10154.60 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 934 to 718 and 69 ended unchanged; on the Bombay Stock Exchange, 1552 rose and 1311 declined, while 183 ended unchanged.