India shares lower at close of trade; Nifty 50 down 0.23%

Investing.com – India equities were lower at the close on Wednesday, as losses in the , and sectors propelled shares lower.

At the close in NSE, the declined 0.23%, while the index fell 0.27%.

The biggest gainers of the session on the were Bharat Petroleum Corp. Ltd. (NS:), which rose 2.39% or 8.00 points to trade at 342.80 at the close. Divi’s Laboratories Ltd. (NS:) added 1.96% or 64.10 points to end at 3,334.70 and Bajaj Auto Ltd (NS:) was up 1.34% or 56.55 points to 4,265.80 in late trade.

Biggest losers included IndusInd Bank Ltd. (NS:), which lost 2.45% or 28.10 points to trade at 1,118.80 in late trade. HCL Technologies Ltd (NS:) declined 2.36% or 25.15 points to end at 1,038.70 and Infosys Ltd (NS:) shed 2.16% or 27.15 points to 1,232.20.

The top performers on the BSE Sensex 30 were Axis Bank Ltd. (BO:) which rose 1.05% to 873.15, Mahindra & Mahindra Ltd. (BO:) which was up 0.90% to settle at 1,215.85 and Bharti Airtel Ltd (BO:) which gained 0.77% to close at 764.90.

The worst performers were HCL Technologies Ltd (BO:) which was down 2.40% to 1,038.00 in late trade, IndusInd Bank Ltd. (BO:) which lost 2.35% to settle at 1,119.95 and Infosys Ltd (BO:) which was down 2.28% to 1,232.20 at the close.

Advancing stocks outnumbered falling ones by 953 to 946 and 69 ended unchanged; on the Bombay Stock Exchange, 1779 rose and 1609 declined, while 118 ended unchanged on the India National Stock Exchange.

The , which measures the implied volatility of Nifty 50 options, was up 0.64% to 12.15.

In commodities trading, Gold Futures for June delivery was down 1.70% or 34.25 to $1,985.45 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.67% or 1.35 to hit $79.55 a barrel, while the June Brent oil contract fell 1.76% or 1.49 to trade at $83.28 a barrel.

USD/INR was up 0.14% to 82.22, while EUR/INR fell 0.13% to 89.92.

The US Dollar Index Futures was up 0.30% at 101.75.