India Stock Market Update

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

At the close in NSE, the Nifty 50 fell 0.15% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.17%.

Top Performers on Nifty 50

• Bajaj Finance Ltd (NS:BJFN): +4.76% or 317.90 points, closing at 6,995.80.
• Tech Mahindra Ltd (NS:TEML): +2.32% or 39.40 points, closing at 1,735.95.
• Bajaj Auto Ltd (NS:BAJA): +2.11% or 218.40 points, closing at 10,586.75.

Worst Performers on Nifty 50

• Mahindra & Mahindra Ltd (NS:MAHM): -3.25% or 93.70 points, closing at 2,793.50.
• Sun Pharmaceutical Industries Ltd (NS:SUN): -2.55% or 48.20 points, closing at 1,839.35.
• Power Grid Corporation of India Ltd (NS:PGRD): -1.81% or 5.85 points, closing at 316.90.

Top Performers on BSE Sensex 30

• Bajaj Finance Ltd (BO:BJFN): +4.95%, closing at 7,007.95.
• Tech Mahindra Ltd (BO:TEML): +2.01%, closing at 1,730.30.
• Tata Consultancy Services Ltd. (BO:TCS): +1.31%, closing at 4,068.35.

Worst Performers on BSE Sensex 30

• Mahindra & Mahindra Ltd. (BO:MAHM): -3.04%, closing at 2,796.00.
• Sun Pharmaceutical Industries Ltd. (BO:SUN): -2.79%, closing at 1,833.95.
• Larsen & Toubro Ltd (BO:LART): -1.77%, closing at 3,448.00.

Market Breadth

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1416 to 1042 and 101 ended unchanged; on the Bombay Stock Exchange, 2102 rose and 1641 declined, while 100 ended unchanged.

Shares in Tech Mahindra Ltd reached 52-week highs, climbing 2.32% to 1,735.95 on NSE and 2.01% to 1,730.30 on BSE.

Volatility and Commodities

The India VIX, which measures the implied volatility of Nifty 50 options, rose 1.32% to 14.59.

• Gold Futures (December delivery): +0.22% to $2,765.95 a troy ounce.
• Crude Oil (December delivery): -1.98% to $70.32 a barrel.
• Brent Oil (December contract): -1.84% to $74.64 a barrel.

Currency Exchange Rates:
– USD/INR: -0.01% to 84.08.
– EUR/INR: -0.17% to 90.64.

The US Dollar Index Futures was up 0.29% at 104.21.