India stocks lower at close of trade; Nifty 50 down 0.25% 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 declined 0.25%, while the index lost 0.25%.

The best performers of the session on the were Adani Ports and Special Economic Zone Ltd (NS:), which rose 4.43% or 37.80 points to trade at 890.80 at the close. Meanwhile, Coal India Ltd (NS:) added 2.50% or 6.25 points to end at 255.80 and ITC Ltd (NS:) was up 2.04% or 7.20 points to 360.70 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:), which fell 4.66% or 20.40 points to trade at 417.10 at the close. Power Grid Corporation of India Ltd (NS:) declined 4.04% or 9.20 points to end at 218.80 and Divi’s Laboratories Ltd. (NS:) was down 3.39% or 115.80 points to 3,298.75.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:) which rose 1.99% to 360.50, Dr. Reddy’s Laboratories Ltd (BO:) which was up 1.22% to settle at 4,540.60 and Kotak Mahindra Bank Ltd. (BO:) which gained 0.71% to close at 1,896.45.

The worst performers were Power Grid Corporation of India Ltd (BO:) which was down 4.06% to 218.75 in late trade, Sun Pharmaceutical Industries Ltd. (BO:) which lost 1.49% to settle at 1,012.45 and Bajaj Finserv Ltd (BO:) which was down 1.35% to 1,753.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1017 to 877 and 45 ended unchanged; on the Bombay Stock Exchange, 1723 fell and 1676 advanced, while 111 ended unchanged.

Shares in Coal India Ltd (NS:) rose to 3-years highs; up 2.50% or 6.25 to 255.80. Shares in ITC Ltd (NS:) rose to all time highs; up 2.04% or 7.20 to 360.70. Shares in Divi’s Laboratories Ltd. (NS:) fell to 52-week lows; losing 3.39% or 115.80 to 3,298.75. Shares in ITC Ltd (BO:) rose to all time highs; gaining 1.99% or 7.05 to 360.50.

The , which measures the implied volatility of Nifty 50 options, was up 2.12% to 15.91.

Gold Futures for December delivery was down 0.25% or 4.30 to $1,711.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.81% or 0.72 to hit $88.19 a barrel, while the January Brent oil contract fell 0.70% or 0.67 to trade at $94.69 a barrel.

USD/INR was up 0.19% to 81.52, while EUR/INR fell 0.08% to 81.89.

The US Dollar Index Futures was up 0.30% at 109.87.