Investing.com – India stocks were lower after the close on Wednesday, as losses in the Real Estate, Consumer Durables and IT sectors led shares lower.
At the close in NSE, the Nifty 50 declined 1.31% to hit a new 3-months low, while the BSE Sensex 30 index declined 1.23%.
The best performers of the session on the Nifty 50 were Dr. Reddy's Laboratories Ltd. (NS:REDY), which rose 5.64% or 175.80 points to trade at 3294.80 at the close. Meanwhile, Sun Pharmaceutical Industries Ltd. (NS:SUN) added 4.82% or 30.60 points to end at 666.00 and State Bank Of India (NS:SBI) was up 3.23% or 8.15 points to 260.80 in late trade.
The worst performers of the session were Ambuja Cements Ltd. (NS:ABUJ), which fell 5.58% or 13.65 points to trade at 231.00 at the close. Maruti Suzuki India Ltd. (NS:MRTI) declined 4.57% or 259.00 points to end at 5410.00 and Tata Consultancy Services Ltd. (NS:TCS) was down 4.27% or 97.40 points to 2185.80.
The top performers on the BSE Sensex 30 were Dr. Reddy's Laboratories Ltd. (BO:REDY) which rose 5.04% to 3271.70, Sun Pharmaceutical Industries Ltd. (BO:SUN) which was up 4.07% to settle at 661.10 and State Bank Of India (BO:SBI) which gained 2.83% to close at 259.75.
The worst performers were Tata Consultancy Services Ltd. (BO:TCS) which was down 4.93% to 2171.05 in late trade, Maruti Suzuki India Ltd. (BO:MRTI) which lost 4.68% to settle at 5396.70 and Hero MotoCorp Limited (BO:HROM) which was down 3.97% to 3235.70 at the close.
Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1273 to 231 and 19 ended unchanged; on the Bombay Stock Exchange, 2120 fell and 588 advanced, while 96 ended unchanged.
Shares in Tata Consultancy Services Ltd. (BO:TCS) fell to 52-week lows; falling 4.93% or 112.65 to 2171.05.
The India Vix, which measures the implied volatility of Nifty 50 options, was down 0.89% to 16.6200.
Gold for December delivery was up 2.44% or 31.15 to $1305.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.16% or 0.07 to hit $45.05 a barrel, while the January Brent oil contract rose 0.20% or 0.09 to trade at $46.13 a barrel.
USD/INR was up 0.43% to 66.490, while EUR/INR rose 1.03% to 73.7870.
The US Dollar Index was down 0.60% at 97.29.