India Stock Market Update

Investing.com – India stocks were lower after the close on Wednesday, with losses in the Public Sector Undertakings, Power, and Capital Goods sectors leading shares lower.

At the close in NSE, the Nifty 50 fell by 0.50%, while the BSE Sensex 30 index decreased by 0.55%.

Top Performers on Nifty 50

• Trent Ltd (NS:TREN): +2.48% to 7,113.75 (up 172.10 points)
• Dr Reddy’s Laboratories Ltd (NS:REDY): +2.22% to 1,275.40 (up 27.75 points)
• Cipla Ltd. (NS:CIPL): +1.49% to 1,472.40 (up 21.55 points)

Worst Performers on Nifty 50

• Tata Motors Ltd (NS:TAMO): -3.08% to 755.70 (down 24.05 points)
• Power Grid Corporation of India Ltd (NS:PGRD): -2.50% to 321.55 (down 8.25 points)
• Bharat Electronics Ltd (NS:BAJE): -2.19% to 303.80 (down 6.80 points)

Top Performers on BSE Sensex 30

• Wipro Ltd (BO:WIPR): +1.05% to 312.05
• Tata Consultancy Services Ltd (BO:TCS): +0.71% to 4,355.00
• Reliance Industries Ltd (BO:RELI): +0.67% to 1,253.50

Worst Performers on BSE Sensex 30

• Tata Motors Ltd (BO:TAMO): -2.75% to 757.90
• Power Grid Corporation of India Ltd (BO:PGRD): -2.42% to 322.00
• NTPC Ltd (BO:NTPC): -1.85% to 342.80

Falling stocks outnumbered advancing ones on the India National Stock Exchange with 1831 declines to 674 advances and 132 unchanged. On the Bombay Stock Exchange, there were 2431 declines, 1390 advances, and 93 unchanged.

Shares in Wipro Ltd (BO:WIPR) reached 52-week highs, increasing by 1.05% or 3.25 to 312.05.

The India VIX, which measures the implied volatility of Nifty 50 options, decreased by 0.72% to 14.38.

Commodities Update

• Gold Futures for February delivery: +0.06% to $2,663.61 a troy ounce
• Crude oil for January delivery: +0.13% to $70.17 a barrel
• Brent oil for February contract: +0.66% to $73.67 a barrel

Currency Update

• USD/INR: +0.01% to 84.91
• EUR/INR: +0.03% to 89.11
• US Dollar Index Futures: +0.05% at 106.72