Investing.com – India equities were lower at the close on Wednesday, as losses in the Metals, Oil & Gas and Real Estate sectors propelled shares lower.
At the close in NSE, the Nifty 50 declined 1.01% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.88%.
The biggest gainers of the session on the Nifty 50 were State Bank Of India (NS:SBI), which rose 3.76% or 9.55 points to trade at 263.20 at the close. Tech Mahindra Ltd (NS:TEML) added 2.13% or 14.60 points to end at 697.45 and Cipla Ltd. (NS:CIPL) was up 1.91% or 10.00 points to 532.40 in late trade.
Biggest losers included Hindustan Petroleum Corporation Ltd (NS:HPCL), which lost 8.21% or 25.60 points to trade at 287.00 in late trade. Vedanta Ltd (NS:VDAN) declined 7.21% or 19.45 points to end at 252.65 and Tata Steel Ltd (NS:TISC) shed 6.16% or 35.55 points to 540.05.
The top performers on the BSE Sensex 30 were State Bank Of India (BO:SBI) which rose 3.56% to 263.20, NTPC Ltd (BO:NTPC) which was up 0.82% to settle at 166.35 and Larsen & Toubro Ltd (BO:LART) which gained 0.55% to close at 1327.20.
The worst performers were Tata Steel Ltd (BO:TISC) which was down 6.57% to 539.25 in late trade, Oil And Natural Gas Corporation Ltd (BO:ONGC) which lost 4.75% to settle at 175.55 and Dr. Reddy’s Laboratories Ltd (BO:REDY) which was down 2.92% to 1955.00 at the close.
Declining stocks outnumbered rising ones by 986 to 620 and 37 ended unchanged; on the Bombay Stock Exchange, 1495 fell and 1072 advanced, while 113 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 4.08% to 14.1575.
In commodities trading, Gold Futures for June delivery was up 0.31% or 4.00 to $1296.00 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.62% or 0.45 to hit $71.75 a barrel, while the July Brent oil contract fell 0.87% or 0.69 to trade at $78.88 a barrel.
USD/INR was up 0.45% to 68.391, while EUR/INR rose 0.06% to 80.1726.
The US Dollar Index Futures was up 0.29% at 93.78.