Investing.com – India stocks were lower after the close on Wednesday, as losses in the Banking, IT and Fast Moving Consumer Goods sectors led shares lower.
At the close in NSE, the Nifty 50 lost 0.32%, while the BSE Sensex 30 index fell 0.28%.
The best performers of the session on the Nifty 50 were Oil And Natural Gas Corporation Ltd (NS:ONGC), which rose 3.21% or 4.80 points to trade at 154.15 at the close. Meanwhile, NTPC Ltd (NS:NTPC) added 2.27% or 3.15 points to end at 141.75 and Reliance Industries Ltd (NS:RELI) was up 2.08% or 52.45 points to 2,580.15 in late trade.
The worst performers of the session were HDFC Life Insurance Company Ltd (NS:HDFL), which fell 4.36% or 24.70 points to trade at 541.25 at the close. Hindustan Unilever Ltd. (NS:HLL) declined 3.63% or 84.20 points to end at 2,233.45 and Apollo Hospitals Enterprises Ltd. (NS:APLH) was down 3.24% or 124.35 points to 3,713.00.
The top performers on the BSE Sensex 30 were NTPC Ltd (BO:NTPC) which rose 2.42% to 141.90, Reliance Industries Ltd (BO:RELI) which was up 1.98% to settle at 2,579.05 and Sun Pharmaceutical Industries Ltd. (BO:SUN) which gained 1.52% to close at 840.55.
The worst performers were Hindustan Unilever Ltd. (BO:HLL) which was down 3.46% to 2,238.10 in late trade, AXIS Bank Ltd. (BO:AXBK) which lost 2.57% to settle at 625.80 and Bajaj Finserv Ltd (BO:BJFS) which was down 2.19% to 11,114.45 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1052 to 748 and 65 ended unchanged; on the Bombay Stock Exchange, 1713 fell and 1478 advanced, while 140 ended unchanged.
Shares in AXIS Bank Ltd. (BO:AXBK) fell to 52-week lows; down 2.57% or 16.50 to 625.80. Shares in Bajaj Finserv Ltd (BO:BJFS) fell to 52-week lows; falling 2.19% or 248.75 to 11,114.45.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 2.10% to 21.90.
Gold Futures for August delivery was up 0.29% or 5.35 to $1,826.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.77% or 0.86 to hit $112.62 a barrel, while the September Brent oil contract rose 0.67% or 0.76 to trade at $114.56 a barrel.
USD/INR was down 0.07% to 79.03, while EUR/INR rose 0.12% to 83.16.
The US Dollar Index Futures was unchanged 0.00% at 104.26.