Investing.com – India stocks were lower after the close on Thursday, as losses in the Public Sector Undertakings, Oil & Gas and Banking sectors led shares lower.
At the close in NSE, the Nifty 50 fell 0.90%, while the BSE Sensex 30 index lost 0.88%.
The best performers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd (NS:REDY), which rose 4.60% or 197.80 points to trade at 4500.00 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 3.69% or 18.20 points to end at 511.20 and Wipro Ltd (NS:WIPR) was up 2.49% or 6.90 points to 283.90 in late trade.
The worst performers of the session were Bharat Petroleum Corp. Ltd. (NS:BPCL), which fell 7.93% or 36.00 points to trade at 417.80 at the close. IndusInd Bank Ltd. (NS:INBK) declined 5.35% or 29.45 points to end at 521.05 and Indian Oil Corporation Ltd (NS:IOC) was down 4.00% or 3.70 points to 88.90.
The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO:SUN) which rose 3.85% to 512.00, Maruti Suzuki India Ltd. (BO:MRTI) which was up 0.99% to settle at 6246.90 and Infosys Ltd (BO:INFY) which gained 0.75% to close at 961.00.
The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 5.62% to 519.85 in late trade, Housing Development Finance Corporation Ltd (BO:HDFC) which lost 3.64% to settle at 1811.00 and AXIS Bank Ltd. (BO:AXBK) which was down 3.41% to 425.80 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1031 to 563 and 80 ended unchanged; on the Bombay Stock Exchange, 1506 fell and 984 advanced, while 150 ended unchanged.
Shares in Dr. Reddy’s Laboratories Ltd (NS:REDY) rose to all time highs; rising 4.60% or 197.80 to 4500.00. Shares in Sun Pharmaceutical Industries Ltd. (NS:SUN) rose to 52-week highs; up 3.69% or 18.20 to 511.20. Shares in Wipro Ltd (NS:WIPR) rose to 52-week highs; gaining 2.49% or 6.90 to 283.90. Shares in Sun Pharmaceutical Industries Ltd. (BO:SUN) rose to 52-week highs; rising 3.85% or 19.00 to 512.00.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.55% to 24.7275.
Gold Futures for August delivery was down 0.29% or 5.65 to $1947.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.60% or 0.66 to hit $40.61 a barrel, while the October Brent oil contract fell 1.32% or 0.58 to trade at $43.51 a barrel.
USD/INR was down 0.05% to 74.885, while EUR/INR fell 0.41% to 87.9750.
The US Dollar Index Futures was up 0.10% at 93.525.