India shares lower at close of trade; Nifty 50 down 0.11%

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India shares lower at close of trade; Nifty 50 down 0.11%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Wednesday, as losses in the Metals , Public Sector Undertakings and Power sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.11%, while the BSE Sensex 30 index fell 0.16%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd. (NS: EICH ), which rose 3.30% or 81.85 points to trade at 2562.25 at the close. Sun Pharmaceutical Industries Ltd. (NS: SUN ) added 2.91% or 23.70 points to end at 838.80 and Bajaj Auto Ltd (NS: BAJA ) was up 2.72% or 86.45 points to 3262.50 in late trade.

Biggest losers included ITC Ltd (NS: ITC ), which lost 1.50% or 3.30 points to trade at 216.75 in late trade. State Bank Of India (NS: SBI ) declined 1.47% or 6.80 points to end at 454.40 and Coal India Ltd (NS: COAL ) shed 1.41% or 2.10 points to 146.75.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO: SUN ) which rose 2.86% to 838.30, IndusInd Bank Ltd. (BO: INBK ) which was up 1.99% to settle at 869.65 and Dr. Reddy’s Laboratories Ltd (BO: REDY ) which gained 1.66% to close at 4822.00.

The worst performers were State Bank Of India (BO: SBI ) which was down 1.45% to 454.25 in late trade, ITC Ltd (BO: ITC ) which lost 1.43% to settle at 216.80 and Tech Mahindra Ltd (BO: TEML ) which was down 1.09% to 1786.65 at the close.

Advancing stocks outnumbered falling ones by 982 to 807 and 29 ended unchanged; on the Bombay Stock Exchange, 2001 rose and 1274 declined, while 92 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was down 1.41% to 16.2425.

In commodities trading, Gold Futures for February delivery was down 0.78% or 14.10 to $1796.80 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.08% or 0.06 to hit $75.92 a barrel, while the March Brent oil contract rose 0.15% or 0.12 to trade at $78.79 a barrel.

USD/INR was up 0.02% to 74.716, while EUR/INR fell 0.16% to 84.3395.

The US Dollar Index Futures was up 0.11% at 96.312.

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