Investing.com – India stocks were lower after the close on Wednesday, as losses in the Metals, Oil & Gas and Real Estate sectors led shares lower.
At the close in NSE, the Nifty 50 declined 1.01% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.88%.
The best performers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 3.76% or 9.55 points to trade at 263.20 at the close. Meanwhile, Tech Mahindra Ltd (NS:TEML) added 2.13% or 14.60 points to end at 697.45 and Cipla Ltd. (NS:CIPL) was up 1.91% or 10.00 points to 532.40 in late trade.
The worst performers of the session were Hindustan Petroleum Corporation Ltd (NS:HPCL), which fell 8.21% or 25.60 points to trade at 287.00 at the close. Vedanta Ltd (NS:VDAN) declined 7.21% or 19.45 points to end at 252.65 and Tata Steel Ltd (NS:TISC) was down 6.16% or 35.55 points to 540.05.
The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.56% to 263.20, NTPC Ltd (BO:NTPC) which was up 0.82% to settle at 166.35 and Larsen & Toubro Ltd (BO:LART) which gained 0.55% to close at 1327.20.
The worst performers were Tata Steel Ltd (BO:TISC) which was down 6.57% to 539.25 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 4.75% to settle at 175.55 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.92% to 1955.00 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 986 to 620 and 37 ended unchanged; on the Bombay Stock Exchange, 1495 fell and 1072 advanced, while 113 ended unchanged.
Shares in Hindustan Petroleum Corporation Ltd (NS:HPCL) fell to 52-week lows; falling 8.21% or 25.60 to 287.00.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.08% to 14.1575.
Gold Futures for June delivery was up 0.31% or 4.00 to $1296.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.62% or 0.45 to hit $71.75 a barrel, while the July Brent oil contract fell 0.87% or 0.69 to trade at $78.88 a barrel.
USD/INR was up 0.47% to 68.405, while EUR/INR rose 0.06% to 80.1722.
The US Dollar Index Futures was up 0.30% at 93.79.