India stocks lower at close of trade; Nifty 50 down 2.22% By Investing.com

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

At the close in NSE, the fell 2.22% to hit a new 6-months low, while the index fell 2.14%.

The best performers of the session on the were Wipro Ltd (NS:), which rose 0.40% or 1.90 points to trade at 473.80 at the close. Meanwhile, Dr. Reddy’s Laboratories Ltd (NS:) fell 0.10% or 4.05 points to end at 3,880.00 and Tata Consultancy Services Ltd. (NS:) was down 0.10% or 3.35 points to 3,408.65 in late trade.

The worst performers of the session were Adani Ports and Special Economic Zone Ltd (NS:), which fell 6.13% or 46.60 points to trade at 713.30 at the close. IndusInd Bank Ltd. (NS:) declined 5.79% or 53.45 points to end at 869.90 and Tata Steel Ltd (NS:) was down 4.12% or 48.00 points to 1,117.70.

The top performers on the BSE Sensex 30 were Wipro Ltd (BO:) which rose 0.91% to 475.50, Dr. Reddy’s Laboratories Ltd (BO:) which was down 0.05% to settle at 3,884.20 and Tata Consultancy Services Ltd. (BO:) which lost 0.06% to close at 3,411.00.

The worst performers were IndusInd Bank Ltd. (BO:) which was down 5.82% to 869.45 in late trade, Tata Steel Ltd (BO:) which lost 4.13% to settle at 1,118.15 and Bajaj Finance Ltd (BO:) which was down 3.76% to 5,588.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1498 to 353 and 16 ended unchanged; on the Bombay Stock Exchange, 2523 fell and 725 advanced, while 85 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was up 6.41% to 24.26 a new 1-month high.

Gold Futures for June delivery was down 0.35% or 6.40 to $1,847.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.78% or 1.88 to hit $103.83 a barrel, while the July Brent oil contract fell 1.80% or 1.93 to trade at $105.58 a barrel.

USD/INR was down 0.03% to 77.40, while EUR/INR fell 0.73% to 80.77.

The US Dollar Index Futures was up 0.56% at 104.46.