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India stocks lower at close of trade; Nifty 50 down 1.08% By Investing.com

© Reuters. India stocks lower at close of commerce; Nifty 50 down 1.08%

Investing.com – India stocks have been lower after the close on Wednesday, as losses within the , and sectors led shares lower.

At the close in NSE, the declined 1.08%, whereas the index fell 1.00%.

The greatest performers of the session on the have been Sun Pharmaceutical Industries Ltd. (NS:), which rose 1.48% or 6.40 factors to commerce at 440.05 at the close. Meanwhile, Tata Consultancy Services Ltd. (NS:) added 0.85% or 16.20 factors to finish at 1923.30 and Asian Paints Ltd. (NS:) was up 0.62% or 8.50 factors to 1383.30 in late commerce.

The worst performers of the session have been Eicher Motors Ltd. (NS:), which fell 9.40% or 2181.10 factors to commerce at 21162.30 at the close. Vedanta Ltd (NS:) declined 4.40% or 8.90 factors to finish at 193.15 and Tata Steel Ltd (NS:) was down 4.51% or 23.25 factors to 493.65.

The prime performers on the BSE Sensex 30 have been Sun Pharmaceutical Industries Ltd. (BO:) which rose 1.66% to 440.30, Tata Consultancy Services Ltd. (BO:) which was up 1.09% to settle at 1923.15 and Asian Paints Ltd. (BO:) which gained 0.71% to close at 1381.55.

The worst performers have been Vedanta Ltd (BO:) which was down 4.48% to 193.10 in late commerce, Tata Steel Ltd (BO:) which misplaced 4.21% to settle at 493.85 and Mahindra & Mahindra Ltd. (BO:) which was down 4.15% to 741.50 at the close.

Falling stocks outnumbered advancing ones on the India National Stock Exchange by 1082 to 493 and 71 ended unchanged; on the Bombay Stock Exchange, 1550 fell and 905 superior, whereas 152 ended unchanged.

Shares in Tata Steel Ltd (NS:) fell to 52-week lows; shedding 4.51% or 23.25 to 493.65. Shares in Tata Steel Ltd (BO:) fell to 52-week lows; falling 4.21% or 21.70 to 493.85.

The , which measures the implied volatility of Nifty 50 choices, was up 6.93% to 16.3875.

Gold Futures for February supply was up 0.65% or 8.30 to $1289.60 a troy ounce. Elsewhere in commodities buying and selling, Crude oil for supply in February fell 1.04% or 0.47 to hit $44.94 a barrel, whereas the March Brent oil contract fell 1.17% or 0.63 to commerce at $53.17 a barrel.

USD/INR was up 0.92% to 70.085, whereas EUR/INR rose 0.72% to 80.1740.

The US Dollar Index Futures was up 0.06% at 95.790.

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