Investing.com – India stocks were lower after the close on Wednesday, as losses in the Real Estate, Banking and Public Sector Undertakings sectors led shares lower.
At the close in NSE, the Nifty 50 lost 1.13% to hit a new 52-week low, while the BSE Sensex 30 index declined 1.09%.
The best performers of the session on the Nifty 50 were HCL Technologies Ltd (NS:HCLT), which rose 2.09% or 16.95 points to trade at 827.40 at the close. Meanwhile, Bharat Petroleum Corp. Ltd. (NS:BPCL) added 1.53% or 12.65 points to end at 837.55 and Coal India Limited (NS:COAL) was up 1.46% or 4.50 points to 313.75 in late trade.
The worst performers of the session were Punjab National Bank (NS:PNBK), which fell 8.89% or 7.80 points to trade at 79.95 at the close. Cairn India Limited (NS:CAIL) declined 6.16% or 7.70 points to end at 117.30 and Tata Motors Ltd . (NS:TAMO) was down 6.15% or 19.10 points to 291.55.
The top performers on the BSE Sensex 30 were Coal India Limited (BO:COAL) which rose 1.57% to 314.05, Larsen & Toubro Limited (BO:LART) which was up 0.73% to settle at 1122.60 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 0.72% to close at 3683.00.
The worst performers were Tata Motors Ltd. (BO:TAMO) which was down 6.04% to 291.85 in late trade, State Bank Of India (BO:SBI) which lost 4.82% to settle at 158.95 and Hindalco Industries Ltd. (BO:HALC) which was down 4.22% to 67.00 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1158 to 263 and 41 ended unchanged; on the Bombay Stock Exchange, 614 fell and 185 advanced, while 20 ended unchanged.
Shares in Punjab National Bank (NS:PNBK) fell to 5-year lows; falling 8.89% or 7.80 to 79.95. Shares in State Bank Of India (BO:SBI) fell to 52-week lows; losing 4.82% or 8.05 to 158.95.
The India Vix, which measures the implied volatility of Nifty 50 options, was up 3.39% to 22.4650 a new 3-months high.
Gold for April delivery was down 1.35% or 16.20 to $1182.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.91% or 0.54 to hit $28.48 a barrel, while the April Brent oil contract rose 1.75% or 0.53 to trade at $30.85 a barrel.
USD/INR was down 0.07% to 67.856, while EUR/INR fell 0.51% to 76.3020.
The US Dollar Index was up 0.27% at 96.31.