India shares lower at close of trade; Nifty 50 down 2.65%

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India shares lower at close of trade; Nifty 50 down 2.65%

Investing.com – India equities were lower at the close on Thursday, as losses in the IT , Technology and Metals sectors propelled shares lower.

At the close in NSE, the Nifty 50 lost 2.65%, while the BSE Sensex 30 index fell 2.61%.

The biggest gainers of the session on the Nifty 50 were ITC Ltd (NS: ITC ), which rose 3.32% or 8.85 points to trade at 275.65 at the close. Dr. Reddy’s Laboratories Ltd (NS: REDY ) added 0.61% or 23.65 points to end at 3,929.45 and Power Grid Corporation of India Ltd (NS: PGRD ) was up 0.37% or 0.85 points to 228.75 in late trade.

Biggest losers included Wipro Ltd (NS: WIPR ), which lost 6.25% or 30.10 points to trade at 451.15 in late trade. HCL Technologies Ltd (NS: HCLT ) declined 5.99% or 64.30 points to end at 1,009.40 and Infosys Ltd (NS: INFY ) shed 5.44% or 82.05 points to 1,427.15.

The top performers on the BSE Sensex 30 were ITC Ltd (BO: ITC ) which rose 3.43% to 275.65, Dr. Reddy’s Laboratories Ltd (BO: REDY ) which was up 0.82% to settle at 3,940.00 and Power Grid Corporation of India Ltd (BO: PGRD ) which gained 0.29% to close at 228.50.

The worst performers were Wipro Ltd (BO: WIPR ) which was down 6.21% to 451.35 in late trade, HCL Technologies Ltd (BO: HCLT ) which lost 6.01% to settle at 1,009.45 and Infosys Ltd (BO: INFY ) which was down 5.46% to 1,427.20 at the close.

Declining stocks outnumbered rising ones by 1528 to 321 and 30 ended unchanged; on the Bombay Stock Exchange, 2385 fell and 828 advanced, while 119 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 10.15% to 24.56.

In commodities trading, Gold Futures for June delivery was up 0.62% or 11.32 to $1,827.22 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.44% or 1.54 to hit $105.50 a barrel, while the July Brent oil contract fell 1.04% or 1.14 to trade at $107.97 a barrel.

USD/INR was down 0.19% to 77.67, while EUR/INR rose 0.31% to 81.68.

The US Dollar Index Futures was down 0.45% at 103.39.

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