Investing.com – India stocks were lower after the close on Wednesday, as losses in the Auto, Metals and Fast Moving Consumer Goods sectors led shares lower.
At the close in NSE, the Nifty 50 declined 0.45%, while the BSE Sensex 30 index fell 0.53%.
The best performers of the session on the Nifty 50 were Asian Paints Ltd. (NS:ASPN), which rose 3.17% or 91.95 points to trade at 2,996.95 at the close. Meanwhile, SBI Life Insurance Company Ltd (NS:SBIL) added 2.11% or 32.10 points to end at 1,556.85 and Divi's Laboratories Ltd. (NS:DIVI) was up 1.80% or 82.15 points to 4,634.10 in late trade.
The worst performers of the session were Mahindra & Mahindra Ltd. (NS:MAHM), which fell 6.72% or 196.50 points to trade at 2,729.00 at the close. Hindalco Industries Ltd. (NS:HALC) declined 2.11% or 14.95 points to end at 692.05 and Tata Steel Ltd (NS:TISC) was down 2.10% or 3.60 points to 168.20.
The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN) which rose 3.20% to 2,998.30, NTPC Ltd (BO:NTPC) which was up 1.33% to settle at 382.00 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 1.29% to close at 345.30.
The worst performers were Mahindra & Mahindra Ltd. (BO:MAHM) which was down 6.69% to 2,730.00 in late trade, Tata Steel Ltd (BO:TISC) which lost 2.07% to settle at 168.25 and Tata Consultancy Services Ltd. (BO:TCS) which was down 1.85% to 3,917.90 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1580 to 682 and 18 ended unchanged; on the Bombay Stock Exchange, 2466 fell and 1318 advanced, while 81 ended unchanged.
Shares in SBI Life Insurance Company Ltd (NS:SBIL) rose to all time highs; gaining 2.11% or 32.10 to 1,556.85. Shares in Divi's Laboratories Ltd. (NS:DIVI) rose to 52-week highs; gaining 1.80% or 82.15 to 4,634.10. Shares in Power Grid Corporation of India Ltd (BO:PGRD) rose to all time highs; up 1.29% or 4.40 to 345.30.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.07% to 14.43.
Gold Futures for August delivery was up 0.53% or 12.60 to $2,380.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.17% or 0.14 to hit $81.55 a barrel, while the September Brent oil contract rose 0.04% or 0.03 to trade at $84.69 a barrel.
USD/INR was up 0.01% to 83.51, while EUR/INR rose 0.07% to 90.35.
The US Dollar Index Futures was down 0.03% at 104.77.