India shares lower at close of trade; Nifty 50 down 0.25%

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

At the close in NSE, the lost 0.25% to hit a new 3-month low, while the index fell 0.23%.

The biggest gainers of the session on the were Coal India Ltd (NS:), which rose 1.63% or 3.45 points to trade at 215.30 at the close. AXIS Bank Ltd (NS:) added 1.58% or 13.15 points to end at 846.50 and Hindalco Industries Ltd. (NS:) was up 1.57% or 6.75 points to 436.45 in late trade.

Biggest losers included Asian Paints Ltd. (NS:), which lost 3.22% or 90.00 points to trade at 2,705.95 in late trade. Larsen & Toubro Ltd (NS:) declined 1.62% or 35.60 points to end at 2,159.15 and Divi’s Laboratories Ltd. (NS:) shed 1.62% or 47.35 points to 2,873.20.

The top performers on the BSE Sensex 30 were AXIS Bank Ltd. (BO:) which rose 1.44% to 845.15, ITC Ltd (BO:) which was up 0.98% to settle at 387.60 and State Bank Of India (BO:) which gained 0.86% to close at 520.80.

The worst performers were Asian Paints Ltd. (BO:) which was down 3.20% to 2,706.35 in late trade, Larsen & Toubro Ltd (BO:) which lost 1.40% to settle at 2,159.80 and IndusInd Bank Ltd. (BO:) which was down 1.30% to 1,078.50 at the close.

Declining stocks outnumbered rising ones by 1033 to 858 and 73 ended unchanged; on the Bombay Stock Exchange, 1783 fell and 1537 advanced, while 145 ended unchanged on the India National Stock Exchange.

The , which measures the implied volatility of Nifty 50 options, was down 3.29% to 15.07.

In commodities trading, Gold Futures for April delivery was down 0.44% or 8.15 to $1,833.35 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.68% or 0.50 to hit $74.45 a barrel, while the April Brent oil contract rose 0.60% or 0.48 to trade at $81.08 a barrel.

USD/INR was down 0.15% to 82.70, while EUR/INR fell 0.21% to 87.62.

The US Dollar Index Futures was up 0.03% at 104.55.