Investing.com – India stocks were lower after the close on Thursday, as losses in the Oil & Gas, IT and Healthcare sectors led shares lower.
At the close in NSE, the Nifty 50 fell 2.39% to hit a new 3-months low, while the BSE Sensex 30 index fell 2.24%.
The best performers of the session on the Nifty 50 were ICICI Bank Ltd (NS:ICBK), which rose 4.05% or 12.30 points to trade at 316.50 at the close. Meanwhile, AXIS Bank Ltd (NS:AXBK) added 2.03% or 11.60 points to end at 586.25 and UltraTech Cement Ltd (NS:ULTC) was up 2.06% or 79.70 points to 3943.65 in late trade.
The worst performers of the session were Hindustan Petroleum Corporation Ltd (NS:HPCL), which fell 22.44% or 56.35 points to trade at 217.15 at the close. Bharat Petroleum Corp. Ltd. (NS:BPCL) declined 18.88% or 71.35 points to end at 331.15 and Indian Oil Corporation Ltd (NS:IOC) was down 18.24% or 28.90 points to 140.30.
The top performers on the BSE Sensex 30 were ICICI Bank Ltd (BO:ICBK) which rose 4.07% to 315.95, AXIS Bank Ltd. (BO:AXBK) which was up 2.70% to settle at 586.10 and Larsen & Toubro Ltd (BO:LART) which gained 1.18% to close at 1259.15.
The worst performers were Reliance Industries Ltd (BO:RELI) which was down 7.03% to 1120.55 in late trade, Hero MotoCorp Ltd (BO:HROM) which lost 5.45% to settle at 2757.00 and Tata Consultancy Services Ltd. (BO:TCS) which was down 4.54% to 2064.25 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1225 to 393 and 47 ended unchanged; on the Bombay Stock Exchange, 1828 fell and 744 advanced, while 129 ended unchanged.
Shares in Hindustan Petroleum Corporation Ltd (NS:HPCL) fell to 52-week lows; losing 22.44% or 56.35 to 217.15. Shares in Bharat Petroleum Corp. Ltd. (NS:BPCL) fell to 52-week lows; down 18.88% or 71.35 to 331.15. Shares in Indian Oil Corporation Ltd (NS:IOC) fell to 52-week lows; down 18.24% or 28.90 to 140.30. Shares in Hero MotoCorp Ltd (BO:HROM) fell to 52-week lows; down 5.45% or 158.90 to 2757.00.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.40% to 18.9150 a new 6-months high.
Gold Futures for December delivery was down 0.03% or 0.40 to $1202.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.21% or 0.16 to hit $76.25 a barrel, while the December Brent oil contract fell 0.29% or 0.25 to trade at $86.04 a barrel.
USD/INR was down 0.17% to 73.725, while EUR/INR rose 0.66% to 84.7405.
The US Dollar Index Futures was down 0.13% at 95.55.