India stocks lower at close of trade; Nifty 50 down 2.65% 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 declined 2.65%, while the index declined 2.61%.

The best performers of the session on the were ITC Ltd (NS:), which rose 3.32% or 8.85 points to trade at 275.65 at the close. Meanwhile, Dr. Reddy’s Laboratories Ltd (NS:) added 0.61% or 23.65 points to end at 3,929.45 and Power Grid Corporation of India Ltd (NS:) was up 0.37% or 0.85 points to 228.75 in late trade.

The worst performers of the session were Wipro Ltd (NS:), which fell 6.25% or 30.10 points to trade at 451.15 at the close. HCL Technologies Ltd (NS:) declined 5.99% or 64.30 points to end at 1,009.40 and Infosys Ltd (NS:) was down 5.44% or 82.05 points to 1,427.15.

The top performers on the BSE Sensex 30 were ITC Ltd (BO:) which rose 3.43% to 275.65, Dr. Reddy’s Laboratories Ltd (BO:) which was up 0.82% to settle at 3,940.00 and Power Grid Corporation of India Ltd (BO:) which gained 0.29% to close at 228.50.

The worst performers were Wipro Ltd (BO:) which was down 6.21% to 451.35 in late trade, HCL Technologies Ltd (BO:) which lost 6.01% to settle at 1,009.45 and Infosys Ltd (BO:) which was down 5.46% to 1,427.20 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1528 to 321 and 30 ended unchanged; on the Bombay Stock Exchange, 2385 fell and 828 advanced, while 119 ended unchanged.

Shares in ITC Ltd (NS:) rose to 52-week highs; gaining 3.32% or 8.85 to 275.65. Shares in Wipro Ltd (NS:) fell to 52-week lows; falling 6.25% or 30.10 to 451.15. Shares in ITC Ltd (BO:) rose to 52-week highs; up 3.43% or 9.15 to 275.65. Shares in Wipro Ltd (BO:) fell to 52-week lows; losing 6.21% or 29.90 to 451.35.

The , which measures the implied volatility of Nifty 50 options, was up 10.15% to 24.56.

Gold Futures for June delivery was up 0.65% or 11.75 to $1,827.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.46% or 1.56 to hit $105.48 a barrel, while the July Brent oil contract fell 1.04% or 1.14 to trade at $107.97 a barrel.

USD/INR was down 0.19% to 77.67, while EUR/INR rose 0.31% to 81.68.

The US Dollar Index Futures was down 0.45% at 103.39.