India stocks lower at close of trade; Nifty 50 down 4.00% 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 4.00%, while the index fell 4.08%.

The best performers of the session on the were Yes Bank Ltd (NS:), which rose 6.68% or 1.50 points to trade at 23.95 at the close. Meanwhile, Hero MotoCorp Ltd (NS:) added 2.96% or 47.30 points to end at 1643.75 and Bajaj Auto Ltd (NS:) was up 1.49% or 30.15 points to 2052.50 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:), which fell 9.51% or 53.80 points to trade at 511.70 at the close. Kotak Mahindra Bank Ltd. (NS:) declined 8.51% or 110.35 points to end at 1185.70 and Infosys Ltd (NS:) was down 6.46% or 41.45 points to 600.05.

The top performers on the BSE Sensex 30 were Hero MotoCorp Ltd (BO:) which rose 2.21% to 1629.45, Bajaj Auto Ltd (BO:) which was up 1.12% to settle at 2047.65 and Bajaj Finance Ltd (BO:) which gained 0.40% to close at 2225.00.

The worst performers were Tech Mahindra Ltd (BO:) which was down 9.21% to 512.90 in late trade, Kotak Mahindra Bank Ltd. (BO:) which lost 8.81% to settle at 1182.10 and Tata Consultancy Services Ltd. (BO:) which was down 6.23% to 1709.55 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 758 to 739 and 92 ended unchanged; on the Bombay Stock Exchange, 1070 rose and 1017 declined, while 153 ended unchanged.

The , which measures the implied volatility of Nifty 50 options, was down 6.76% to 60.0525.

Gold Futures for June delivery was up 0.68% or 10.80 to $1607.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.39% or 0.08 to hit $20.56 a barrel, while the June Brent oil contract fell 3.07% or 0.81 to trade at $25.54 a barrel.

USD/INR was up 0.00% to 75.335, while EUR/INR fell 0.80% to 82.4165.

The US Dollar Index Futures was up 0.61% at 99.695.