Indian Stock Market Overview

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

At the close in NSE, the Nifty 50 lost 0.11%, while the BSE Sensex 30 index also lost 0.11%.

Best Performers

The best performers of the session on the Nifty 50 were:
– Tata Motors Ltd (NS:TAMO): rose 1.92% or 13.90 points to trade at 736.10 at the close.
– Adani Enterprises Ltd (NS:ADEL): added 1.43% or 33.50 points to end at 2,372.45.
– Bharat Petroleum Corp. Ltd. (NS:BPCL): up 1.00% or 2.90 points to 292.00 in late trade.

Worst Performers

The worst performers were:
– Power Grid Corporation of India Ltd (NS:PGRD): fell 1.65% or 5.20 points to trade at 310.10.
– JSW Steel Ltd (NS:JSTL): declined 1.62% or 15.20 points to end at 921.85.
– SBI Life Insurance Company Ltd (NS:SBIL): down 1.30% or 18.30 points to 1,387.00.

BSE Sensex 30 Performance

The top performers on the BSE Sensex 30 were:
– Tata Motors Ltd (BO:TAMO): rose 1.92% to 736.35.
– ITC Ltd (BO:ITC): up 0.86% to settle at 478.30.
– Nestle India Ltd (BO:NEST): gained 0.69% to close at 2,166.80.

The worst performers were:
– Power Grid Corporation of India Ltd (BO:PGRD): down 1.62% to 310.15.
– JSW Steel Ltd (BO:JSTL): lost 1.54% to settle at 922.25.
– Titan Company Ltd (BO:TITN): down 1.19% to 3,356.00.

Market Summary

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1186 to 1141, with 45 ending unchanged. On the Bombay Stock Exchange, 0 fell and 0 advanced.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.53% to 20.08, marking a new 3-month high.

Commodities Trading

• Gold Futures for February delivery was unchanged at $2,633.50 a troy ounce.
• Crude oil for delivery in February fell 0.09% to hit $70.10 a barrel.
• March Brent oil contract rose 1.24% to trade at $73.22 a barrel.

Currency Exchange Rates

• USD/INR was up 0.27% to 85.40.
• EUR/INR rose 0.01% to 88.56.

The US Dollar Index Futures was up 0.18% at 108.00.