India shares lower at close of trade; Nifty 50 down 0.17%

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India shares lower at close of trade; Nifty 50 down 0.17%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Wednesday, as losses in the Power , Banking and Oil & Gas sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 0.17%, while the BSE Sensex 30 index declined 0.13%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS: COAL ), which rose 1.49% or 2.15 points to trade at 146.65 at the close. Infosys Ltd (NS: INFY ) added 1.14% or 17.75 points to end at 1580.80 and Divi's Laboratories Ltd. (NS: DIVI ) was up 1.11% or 48.45 points to 4404.60 in late trade.

Biggest losers included Shree Cements Ltd. (NS: SHCM ), which lost 2.24% or 629.85 points to trade at 27504.60 in late trade. UPL Ltd (NS: UPLL ) declined 1.56% or 12.55 points to end at 792.85 and Bajaj Finserv Ltd (NS: BJFS ) shed 1.55% or 190.85 points to 12109.05.

The top performers on the BSE Sensex 30 were Infosys Ltd (BO: INFY ) which rose 1.19% to 1581.25, Reliance Industries Ltd (BO: RELI ) which was up 1.14% to settle at 2110.90 and Nestle India Ltd (BO: NEST ) which gained 0.85% to close at 17727.95.

The worst performers were Power Grid Corporation of India Ltd (BO: PGRD ) which was down 1.51% to 232.30 in late trade, Bajaj Finserv Ltd (BO: BJFS ) which lost 1.49% to settle at 12116.60 and ICICI Bank Ltd (BO: ICBK ) which was down 1.46% to 630.85 at the close.

Advancing stocks outnumbered falling ones by 859 to 830 and 45 ended unchanged; on the Bombay Stock Exchange, 1622 rose and 1464 declined, while 107 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 0.33% to 13.0450.

In commodities trading, Gold Futures for August delivery was down 0.29% or 5.15 to $1758.45 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.14% or 0.83 to hit $73.81 a barrel, while the September Brent oil contract rose 0.83% or 0.62 to trade at $74.90 a barrel.

USD/INR was up 0.05% to 74.328, while EUR/INR fell 0.01% to 88.3570.

The US Dollar Index Futures was up 0.06% at 92.097.

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