India stocks lower at close of trade; Nifty 50 down 0.18% By Investing.com

Investing.com – India stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower.

At the close in NSE, the lost 0.18%, while the index declined 0.28%.

The best performers of the session on the were Shree Cements Ltd. (NS:), which rose 8.43% or 1,825.65 points to trade at 23,480.00 at the close. Meanwhile, UltraTech Cement Ltd (NS:) added 4.24% or 275.30 points to end at 6,770.80 and Adani Ports and Special Economic Zone Ltd (NS:) was up 2.89% or 24.55 points to 874.90 in late trade.

The worst performers of the session were Tata Motors Ltd (NS:), which fell 2.60% or 11.90 points to trade at 445.85 at the close. Bajaj Auto Ltd (NS:) declined 2.13% or 83.75 points to end at 3,845.65 and IndusInd Bank Ltd. (NS:) was down 1.70% or 18.85 points to 1,089.95.

The top performers on the BSE Sensex 30 were UltraTech Cement Ltd (BO:) which rose 4.13% to 6,767.95, Sun Pharmaceutical Industries Ltd. (BO:) which was up 0.71% to settle at 893.85 and Tata Consultancy Services Ltd. (BO:) which gained 0.71% to close at 3,151.10.

The worst performers were IndusInd Bank Ltd. (BO:) which was down 1.69% to 1,089.90 in late trade, Mahindra & Mahindra Ltd. (BO:) which lost 1.32% to settle at 1,289.25 and Maruti Suzuki India Ltd. (BO:) which was down 1.15% to 8,782.10 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1139 to 709 and 43 ended unchanged; on the Bombay Stock Exchange, 2056 rose and 1254 declined, while 124 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 0.81% to 19.37.

Gold Futures for December delivery was up 0.10% or 1.75 to $1,714.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.59% or 0.51 to hit $87.39 a barrel, while the November Brent oil contract rose 0.65% or 0.60 to trade at $93.43 a barrel.

USD/INR was up 0.04% to 79.92, while EUR/INR rose 0.06% to 79.14.

The US Dollar Index Futures was up 0.26% at 110.50.