Investing.com – India stocks were lower after the close on Wednesday, as losses in the Public Sector Undertakings, Real Estate and Power sectors led shares lower.
At the close in NSE, the Nifty 50 declined 0.49%, while the BSE Sensex 30 index declined 0.68%.
The best performers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd. (NS:ZEE), which rose 7.27% or 30.35 points to trade at 447.95 at the close. Meanwhile, AXIS Bank Ltd. (NS:AXBK) added 2.10% or 10.25 points to end at 498.20 and Hindalco Industries Ltd. (NS:HALC) was up 1.95% or 1.75 points to 91.60 in late trade.
The worst performers of the session were Punjab National Bank (NS:PNBK), which fell 3.69% or 3.05 points to trade at 79.50 at the close. Bharti Airtel Ltd. (NS:BRTI) declined 2.70% or 9.95 points to end at 358.90 and Tata Motors DV Ltd (NS:TAMdv) was down 2.54% or 7.15 points to 273.85.
The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:AXBK) which rose 2.16% to 498.40, Hindalco Industries Ltd. (BO:HALC) which was up 1.95% to settle at 91.60 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 1.12% to close at 3889.85.
The worst performers were Bharti Airtel Ltd (BO:BRTI) which was down 2.55% to 359.45 in late trade, State Bank Of India (BO:SBI) which lost 2.30% to settle at 184.95 and Tata Motors Ltd. (BO:TAMO) which was down 2.26% to 380.10 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 862 to 554 and 69 ended unchanged; on the Bombay Stock Exchange, 919 fell and 640 advanced, while 56 ended unchanged.
Shares in Zee Entertainment Enterprises Ltd. (NS:ZEE) rose to all time highs; gaining 7.27% or 30.35 to 447.95.
The India Vix, which measures the implied volatility of Nifty 50 options, was up 3.34% to 16.9625.
Gold for June delivery was up 0.83% or 10.55 to $1275.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.07% or 0.03 to hit $44.63 a barrel, while the July Brent oil contract rose 0.64% or 0.29 to trade at $45.81 a barrel.
USD/INR was down 0.01% to 66.623, while EUR/INR rose 0.13% to 75.8690.
The US Dollar Index was down 0.16% at 94.07.