India stocks lower at close of trade; Nifty 50 down 0.39%

Investing.com – India stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower.

At the close in NSE, the declined 0.39% to hit a new 3-months low, while the index declined 0.36%.

The best performers of the session on the were Sun Pharmaceutical Industries Ltd. (NS:), which rose 3.55% or 13.30 points to trade at 388.00 at the close. Meanwhile, Britannia Industries Ltd (NS:) added 1.93% or 58.60 points to end at 3099.95 and Titan Company Ltd (NS:) was up 1.86% or 23.40 points to 1278.50 in late trade.

The worst performers of the session were Wipro Ltd (NS:), which fell 3.52% or 8.45 points to trade at 231.45 at the close. Oil And Natural Gas Corporation Ltd (NS:) declined 3.03% or 2.90 points to end at 92.90 and JSW Steel Ltd (NS:) was down 3.03% or 7.90 points to 252.90.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:) which rose 3.68% to 388.40, Titan Company Ltd (BO:) which was up 1.87% to settle at 1279.05 and AXIS Bank Ltd. (BO:) which gained 1.17% to close at 738.30.

The worst performers were Oil And Natural Gas Corporation Ltd (BO:) which was down 2.61% to 93.30 in late trade, HCL Technologies Ltd (BO:) which lost 2.25% to settle at 570.85 and Mahindra & Mahindra Ltd. (BO:) which was down 2.01% to 493.40 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1040 to 480 and 90 ended unchanged; on the Bombay Stock Exchange, 1495 fell and 810 advanced, while 155 ended unchanged.

Shares in Wipro Ltd (NS:) fell to 52-week lows; losing 3.52% or 8.45 to 231.45. Shares in Oil And Natural Gas Corporation Ltd (NS:) fell to 5-year lows; falling 3.03% or 2.90 to 92.90. Shares in Oil And Natural Gas Corporation Ltd (BO:) fell to 5-year lows; down 2.61% or 2.50 to 93.30. Shares in Mahindra & Mahindra Ltd. (BO:) fell to 5-year lows; losing 2.01% or 10.10 to 493.40.

The , which measures the implied volatility of Nifty 50 options, was down 2.71% to 17.7650.

Gold Futures for April delivery was up 0.31% or 5.05 to $1648.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 1.85% or 0.90 to hit $47.83 a barrel, while the May Brent oil contract fell 1.78% or 0.94 to trade at $51.87 a barrel.

USD/INR was up 0.05% to 71.615, while EUR/INR rose 0.64% to 78.3650.

The US Dollar Index Futures was down 0.24% at 98.698.

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.