India shares lower at close of trade; Nifty 50 down 1.08%

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India shares lower at close of trade; Nifty 50 down 1.08%
Credit: © Reuters.

Investing.com – India equities were lower at the close on Wednesday, as losses in the Metals , Auto and Green Energy sectors propelled shares lower.

At the close in NSE, the Nifty 50 declined 1.08%, while the BSE Sensex 30 index lost 1.00%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd. (NS: SUN ), which rose 1.48% or 6.40 points to trade at 440.05 at the close. Tata Consultancy Services Ltd. (NS: TCS ) added 0.85% or 16.20 points to end at 1923.30 and Asian Paints Ltd. (NS: ASPN ) was up 0.62% or 8.50 points to 1383.30 in late trade.

Biggest losers included Eicher Motors Ltd. (NS: EICH ), which lost 9.40% or 2181.10 points to trade at 21162.30 in late trade. Vedanta Ltd (NS: VDAN ) declined 4.40% or 8.90 points to end at 193.15 and Tata Steel Ltd (NS: TISC ) shed 4.51% or 23.25 points to 493.65.

The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. (BO: SUN ) which rose 1.66% to 440.30, Tata Consultancy Services Ltd. (BO: TCS ) which was up 1.09% to settle at 1923.15 and Asian Paints Ltd. (BO: ASPN ) which gained 0.71% to close at 1381.55.

The worst performers were Vedanta Ltd (BO: VDAN ) which was down 4.48% to 193.10 in late trade, Tata Steel Ltd (BO: TISC ) which lost 4.21% to settle at 493.85 and Mahindra & Mahindra Ltd. (BO: MAHM ) which was down 4.15% to 741.50 at the close.

Declining stocks outnumbered rising ones by 1082 to 493 and 71 ended unchanged; on the Bombay Stock Exchange, 1550 fell and 905 advanced, while 152 ended unchanged on the India National Stock Exchange.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 6.93% to 16.3875.

In commodities trading, Gold Futures for February delivery was up 0.65% or 8.35 to $1289.65 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.99% or 0.45 to hit $44.96 a barrel, while the March Brent oil contract fell 1.17% or 0.63 to trade at $53.17 a barrel.

USD/INR was up 0.92% to 70.085, while EUR/INR rose 0.71% to 80.1675.

The US Dollar Index Futures was up 0.06% at 95.795.

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