Investing.com – India equities were lower at the close on Friday, as losses in the Metals, IT and Technology sectors propelled shares lower.
At the close in NSE, the Nifty 50 declined 3.71% to hit a new 3-month low, while the BSE Sensex 30 index declined 3.64%.
The biggest gainers of the session on the Nifty 50 were Indian Oil Corporation Ltd (NS:IOC), which rose 0.57% or 0.60 points to trade at 106.25 at the close. Maruti Suzuki India Ltd. (NS:MRTI) added 0.07% or 4.25 points to end at 6294.05 and ITC Ltd (NS:ITC) was down 0.48% or 0.95 points to 196.60 in late trade.
Biggest losers included Vedanta Ltd (NS:VDAN), which lost 13.56% or 17.70 points to trade at 112.85 in late trade. Tata Motors Ltd (NS:TAMO) declined 10.74% or 15.60 points to end at 129.65 and Hindalco Industries Ltd. (NS:HALC) shed 7.93% or 13.35 points to 155.00.
The top performers on the BSE Sensex 30 were ITC Ltd (BO:ITC) which rose 0.05% to 197.60, Maruti Suzuki India Ltd. (BO:MRTI) which was down 0.03% to settle at 6284.00 and IndusInd Bank Ltd. (BO:INBK) which lost 1.04% to close at 1104.00.
The worst performers were Tech Mahindra Ltd (BO:TEML) which was down 8.14% to 743.90 in late trade, Tata Steel Ltd (BO:TISC) which lost 7.57% to settle at 381.55 and Mahindra & Mahindra Ltd. (BO:MAHM) which was down 7.50% to 456.40 at the close.
Declining stocks outnumbered rising ones by 1382 to 171 and 72 ended unchanged; on the Bombay Stock Exchange, 1919 fell and 421 advanced, while 145 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 30.79% to 23.2350 a new 6-month high.
In commodities trading, Gold Futures for April delivery was down 0.73% or 11.95 to $1630.55 a troy ounce. Meanwhile, Crude oil for delivery in April fell 3.33% or 1.57 to hit $45.52 a barrel, while the May Brent oil contract fell 2.73% or 1.41 to trade at $50.32 a barrel.
USD/INR was up 0.63% to 72.103, while EUR/INR rose 0.93% to 79.5330.
The US Dollar Index Futures was down 0.33% at 98.132.