India stocks lower at close of trade; Nifty 50 down 0.61%

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 lost 0.61%, while the index lost 0.57%.

The best performers of the session on the were Britannia Industries Ltd (NS:), which rose 4.85% or 151.20 points to trade at 3269.75 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:) added 3.71% or 78.05 points to end at 2178.60 and Reliance Industries Ltd (NS:) was up 2.89% or 41.30 points to 1472.30 in late trade.

The worst performers of the session were Yes Bank Ltd (NS:), which fell 5.68% or 4.15 points to trade at 68.20 at the close. GAIL Ltd (NS:) declined 4.83% or 6.30 points to end at 123.85 and Zee Entertainment Enterprises Ltd. (NS:) was down 4.65% or 14.20 points to 290.55.

The top performers on the BSE Sensex 30 were Tata Consultancy Services Ltd. (BO:) which rose 3.76% to 2178.55, Reliance Industries Ltd (BO:) which was up 3.10% to settle at 1472.00 and Hindustan Unilever Ltd. (BO:) which gained 0.63% to close at 2091.55.

The worst performers were Yes Bank Ltd (BO:) which was down 6.51% to 68.25 in late trade, State Bank Of India (BO:) which lost 3.69% to settle at 306.55 and AXIS Bank Ltd. (BO:) which was down 3.18% to 710.25 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 997 to 568 and 61 ended unchanged; on the Bombay Stock Exchange, 1534 fell and 902 advanced, while 157 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 1.31% to 16.4625.

Gold Futures for December delivery was up 0.79% or 11.45 to $1465.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.77% or 0.44 to hit $56.36 a barrel, while the January Brent oil contract fell 1.18% or 0.73 to trade at $61.33 a barrel.

USD/INR was up 0.37% to 72.045, while EUR/INR rose 0.43% to 79.3470.

The US Dollar Index Futures was up 0.03% at 98.180.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.