India stocks lower at close of trade; Nifty 50 down 0.32%

Investing.com – India stocks were lower after the close on Wednesday, as losses in the Metals , Public Sector Undertakings and Fast Moving Consumer Goods sectors led shares lower.

At the close in NSE, the Nifty 50 declined 0.32%, while the BSE Sensex 30 index lost 0.25%.

The best performers of the session on the Nifty 50 were Asian Paints Ltd. (NS:ASPN ), which rose 2.57% or 81.15 points to trade at 3,236.00 at the close. Meanwhile, Grasim Industries Ltd (NS:GRAS ) added 1.93% or 52.15 points to end at 2,759.00 and Hindustan Unilever Ltd. (NS:HLL ) was up 1.69% or 47.25 points to 2,841.55 in late trade.

The worst performers of the session were Wipro Ltd (NS:WIPR ), which fell 3.06% or 16.40 points to trade at 519.65 at the close. Coal India Ltd (NS:COAL ) declined 2.82% or 14.65 points to end at 504.95 and Oil And Natural Gas Corporation Ltd (NS:ONGC ) was down 2.27% or 7.30 points to 314.90.

The top performers on the BSE Sensex 30 were Asian Paints Ltd. (BO:ASPN ) which rose 2.39% to 3,229.30, Hindustan Unilever Ltd. (BO:HLL ) which was up 1.74% to settle at 2,842.50 and UltraTech Cement Ltd (BO:ULTC ) which gained 1.31% to close at 11,611.00.

The worst performers were Wipro Ltd (BO:WIPR ) which was down 3.05% to 519.80 in late trade, ICICI Bank Ltd (BO:ICBK ) which lost 1.11% to settle at 1,234.00 and State Bank Of India (BO:SBI ) which was down 1.06% to 816.00 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1256 to 1196 and 20 ended unchanged; on the Bombay Stock Exchange, 1912 fell and 1877 advanced, while 87 ended unchanged.

Shares in Hindustan Unilever Ltd. (NS:HLL ) rose to all time highs; gaining 1.69% or 47.25 to 2,841.55. Shares in Hindustan Unilever Ltd. (BO:HLL ) rose to all time highs; rising 1.74% or 48.60 to 2,842.50.

The India VIX , which measures the implied volatility of Nifty 50 options, was up 3.47% to 14.32.

Gold Futures for December delivery was down 0.29% or 7.35 to $2,515.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.71% or 0.50 to hit $70.84 a barrel, while the November Brent oil contract rose 0.64% or 0.47 to trade at $74.22 a barrel.

USD/INR was up 0.08% to 84.02, while EUR/INR rose 0.16% to 92.86.

The US Dollar Index Futures was down 0.16% at 101.61.

Source: Investing.com