India stocks lower at close of trade; Nifty 50 down 1.25% 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 1.25%, while the index lost 1.27%.

The best performers of the session on the were Bajaj Auto Ltd (NS:), which rose 1.45% or 53.50 points to trade at 3,740.00 at the close. Meanwhile, Hindustan Unilever Ltd. (NS:) added 1.13% or 29.45 points to end at 2,629.95 and Britannia Industries Ltd (NS:) was up 1.01% or 44.35 points to 4,440.40 in late trade.

The worst performers of the session were Adani Ports and Special Economic Zone Ltd (NS:), which fell 6.13% or 46.65 points to trade at 714.55 at the close. State Bank Of India (NS:) declined 4.48% or 26.65 points to end at 567.70 and IndusInd Bank Ltd. (NS:) was down 4.26% or 51.70 points to 1,160.60.

The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:) which rose 1.14% to 2,628.00, Maruti Suzuki India Ltd. (BO:) which was up 0.96% to settle at 8,781.75 and Tata Steel Ltd (BO:) which gained 0.54% to close at 121.00.

The worst performers were State Bank Of India (BO:) which was down 4.30% to 568.80 in late trade, IndusInd Bank Ltd. (BO:) which lost 4.26% to settle at 1,160.70 and HDFC Bank Ltd (BO:) which was down 2.78% to 1,648.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1438 to 474 and 59 ended unchanged; on the Bombay Stock Exchange, 2285 fell and 1100 advanced, while 127 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 7.30% to 14.65.

Gold Futures for February delivery was down 0.47% or 9.00 to $1,926.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.02% or 0.02 to hit $80.11 a barrel, while the March Brent oil contract fell 0.07% or 0.06 to trade at $86.07 a barrel.

USD/INR was up 0.06% to 81.64, while EUR/INR fell 0.05% to 88.72.

The US Dollar Index Futures was up 0.17% at 101.85.