Investing.com – India stocks were lower after the close on Tuesday, as losses in the IT, Power and Technology sectors led shares lower.
At the close in NSE, the Nifty 50 declined 0.55%, while the BSE Sensex 30 index lost 0.43%.
The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 1.69% or 72.15 points to trade at 4,347.10 at the close. Meanwhile, Kotak Mahindra Bank Ltd. (NS:KTKM) added 1.44% or 26.70 points to end at 1,881.00 and Housing Development Finance Corporation Ltd (NS:HDFC) was up 1.42% or 30.85 points to 2,206.80 in late trade.
The worst performers of the session were Divi's Laboratories Ltd. (NS:DIVI), which fell 6.06% or 236.20 points to trade at 3,661.70 at the close. Tech Mahindra Ltd (NS:TEML) declined 3.90% or 44.55 points to end at 1,098.35 and Grasim Industries Ltd (NS:GRAS) was down 3.75% or 54.65 points to 1,402.75.
The top performers on the BSE Sensex 30 were Dr. Reddy’s Laboratories Ltd (BO:REDY) which rose 1.80% to 4,351.10, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 1.74% to settle at 2,210.00 and Kotak Mahindra Bank Ltd. (BO:KTKM) which gained 1.35% to close at 1,880.85.
The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 3.92% to 1,098.05 in late trade, Hindustan Unilever Ltd. (BO:HLL) which lost 2.98% to settle at 2,309.05 and HCL Technologies Ltd (BO:HCLT) which was down 2.57% to 991.95 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1371 to 473 and 41 ended unchanged; on the Bombay Stock Exchange, 2191 fell and 1006 advanced, while 122 ended unchanged.
Shares in Divi's Laboratories Ltd. (NS:DIVI) fell to 52-week lows; falling 6.06% or 236.20 to 3,661.70.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 9.56% to 25.64 a new 1-month high.
Gold Futures for June delivery was up 0.35% or 6.45 to $1,854.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.29% or 0.32 to hit $110.61 a barrel, while the August Brent oil contract rose 0.25% or 0.28 to trade at $111.06 a barrel.
USD/INR was up 0.12% to 77.60, while EUR/INR rose 0.31% to 83.11.
The US Dollar Index Futures was down 0.09% at 102.01.