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At the close in NSE, the Nifty 50 lost 5.74%, while the BSE Sensex 30 index lost 5.94%.
The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 3.71% or 21.90 points to trade at 611.50 at the close. Meanwhile, Bharti Airtel Ltd. (NS:BRTI) added 3.24% or 16.65 points to end at 530.95 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 0.33% or 1.55 points to 466.00 in late trade.
The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 10.68% or 13.90 points to trade at 116.30 at the close. ICICI Bank Ltd (NS:ICBK) declined 10.56% or 40.15 points to end at 340.00 and Vedanta Ltd (NS:VDAN) was down 10.44% or 9.35 points to 80.20.
The top performers on the BSE Sensex 30 were Bharti Airtel Ltd (BO:BRTI) which rose 3.28% to 531.20, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 0.04% to settle at 465.05 and Mahindra & Mahindra Ltd. (BO:MAHM) which lost 1.69% to close at 360.40.
The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 10.96% to 338.25 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 10.21% to settle at 2080.50 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 10.08% to 1723.85 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1228 to 287 and 89 ended unchanged; on the Bombay Stock Exchange, 1765 fell and 534 advanced, while 170 ended unchanged.
Shares in Cipla Ltd. (NS:CIPL) rose to 52-week highs; gaining 3.71% or 21.90 to 611.50.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 28.49% to 43.6700.
Gold Futures for June delivery was up 1.11% or 18.85 to $1719.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 7.18% or 1.42 to hit $18.36 a barrel, while the July Brent oil contract fell 2.80% or 0.74 to trade at $25.70 a barrel.
USD/INR was down 0.16% to 75.627, while EUR/INR fell 0.52% to 82.7325.
The US Dollar Index Futures was up 0.34% at 99.438.
