Investing.com – India stocks were lower after the close on Wednesday, as losses in the Banking, Real Estate and Fast Moving Consumer Goods sectors led shares lower.
At the close in NSE, the Nifty 50 fell 0.46%, while the BSE Sensex 30 index fell 0.55%.
The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 4.83% or 20.55 points to trade at 445.85 at the close. Meanwhile, Dr. Reddy’s Laboratories Ltd (NS:REDY) added 4.14% or 126.05 points to end at 3169.75 and Sun Pharmaceutical Industries Ltd. (NS:SUN) was up 2.78% or 10.95 points to 404.50 in late trade.
The worst performers of the session were Yes Bank Ltd (NS:YESB), which fell 6.09% or 1.90 points to trade at 29.30 at the close. Eicher Motors Ltd. (NS:EICH) declined 4.01% or 716.90 points to end at 17171.55 and Bajaj Finance Ltd (NS:BJFN) was down 3.91% or 174.20 points to 4279.90.
The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 3.14% to 405.70, Asian Paints Ltd. (BO:ASPN) which was up 2.68% to settle at 1849.85 and Tech Mahindra Ltd (BO:TEML) which gained 2.45% to close at 771.00.
The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 3.85% to 1066.25 in late trade, Bajaj Finance Ltd (BO:BJFN) which lost 3.79% to settle at 4287.05 and ITC Ltd (BO:ITC) which was down 3.30% to 187.45 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1151 to 388 and 76 ended unchanged; on the Bombay Stock Exchange, 1641 fell and 641 advanced, while 127 ended unchanged.
Shares in Yes Bank Ltd (NS:YESB) fell to 5-year lows; down 6.09% or 1.90 to 29.30. Shares in IndusInd Bank Ltd. (BO:INBK) fell to 3-years lows; falling 3.85% or 42.75 to 1066.25. Shares in ITC Ltd (BO:ITC) fell to 5-year lows; down 3.30% or 6.40 to 187.45.
The India VIX, which measures the implied volatility of Nifty 50 options, was down 1.29% to 24.2250.
Gold Futures for April delivery was down 0.14% or 2.30 to $1642.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.25% or 0.59 to hit $47.77 a barrel, while the May Brent oil contract rose 1.12% or 0.58 to trade at $52.44 a barrel.
USD/INR was up 0.27% to 73.229, while EUR/INR rose 0.09% to 81.6525.
The US Dollar Index Futures was up 0.16% at 97.282.