© Reuters. India stocks lower at close of trade; Nifty 50 down 1.15%
Investing.com – India stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.
At the close in NSE, the fell 1.15%, while the index lost 1.18%.
The best performers of the session on the were Power Grid Corporation of India Ltd (NS:), which rose 2.35% or 4.70 points to trade at 204.80 at the close. Meanwhile, Coal India Ltd (NS:) added 1.01% or 2.85 points to end at 284.10 and Oil And Natural Gas Corporation Ltd (NS:) was up 0.75% or 1.40 points to 188.15 in late trade.
The worst performers of the session were HDFC Bank Ltd (NS:), which fell 3.87% or 63.05 points to trade at 1,566.00 at the close. JSW Steel Ltd (NS:) declined 2.70% or 21.80 points to end at 787.00 and Reliance Industries Ltd (NS:) was down 2.29% or 55.80 points to 2,380.65.
The top performers on the BSE Sensex 30 were Power Grid Corporation of India Ltd (BO:) which rose 2.32% to 204.70, Asian Paints Ltd. (BO:) which was up 0.61% to settle at 3,225.00 and Sun Pharmaceutical Industries Ltd. (BO:) which gained 0.45% to close at 1,152.80.
The worst performers were HDFC Bank Ltd (BO:) which was down 4.00% to 1,563.90 in late trade, Reliance Industries Ltd (BO:) which lost 2.21% to settle at 2,382.10 and Dr. Reddy’s Laboratories Ltd (BO:) which was down 2.03% to 5,611.05 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1320 to 687 and 60 ended unchanged; on the Bombay Stock Exchange, 2011 fell and 1520 advanced, while 136 ended unchanged.
Shares in Power Grid Corporation of India Ltd (NS:) rose to all time highs; gaining 2.35% or 4.70 to 204.80. Shares in Coal India Ltd (NS:) rose to 3-years highs; up 1.01% or 2.85 to 284.10. Shares in Oil And Natural Gas Corporation Ltd (NS:) rose to 5-year highs; up 0.75% or 1.40 to 188.15. Shares in Power Grid Corporation of India Ltd (BO:) rose to all time highs; rising 2.32% or 4.65 to 204.70.
The , which measures the implied volatility of Nifty 50 options, was up 2.70% to 11.13.
Gold Futures for December delivery was down 0.02% or 0.45 to $1,953.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.95% or 0.86 to hit $89.62 a barrel, while the November Brent oil contract fell 0.95% or 0.90 to trade at $93.44 a barrel.
USD/INR was down 0.27% to 83.08, while EUR/INR fell 0.05% to 88.90.
The US Dollar Index Futures was down 0.14% at 104.68.
