Market Overview
India's equity markets closed lower on Wednesday, with the NSE Nifty 50 slipping 0.32% and the BSE Sensex 30 declining 0.42% at the close.
Index and Sector Performance
The decline was led by weakness in the Power, Capital Goods and Fast‑Moving Consumer Goods sectors. Falling stocks outnumbered advancing stocks by 1,611 to 965 on the NSE, with 52 stocks unchanged; on the BSE, 2,296 stocks fell versus 1,731 that rose, and 185 remained unchanged.
Top Gainers
- HCL Technologies Ltd (NSE:HCLT) rose 1.85% (24.00 points) to close at 1,322.00, and on the BSE it gained 1.73% to 1,322.50.
- Eternal Ltd (NSE:ETEA) added 1.60% (5.05 points) to finish at 320.95; on the BSE it was up 1.33% to 320.20.
- Sun Pharmaceutical Industries Ltd (NSE:SUN) increased 1.27% (23.80 points) to 1,898.90 in late trade.
Biggest Losers
- Power Grid Corporation of India Ltd (NSE:PGRD) fell 1.98% (5.30 points) to 262.70; on the BSE it dropped 2.00% to 262.45.
- Coal India Ltd (NSE:COAL) declined 1.72% (7.00 points) to 399.90.
- Jio Financial Services Ltd (NSE:JIOF) slipped 1.38% (3.40 points) to 242.40.
- Bajaj Finance Ltd (BSE:BJFN) lost 1.31% to settle at 1,078.60.
- Larsen & Toubro Ltd (BSE:LART) was down 1.27% to 4,030.10.
Market Breadth
The breadth indicator showed 1,611 decliners versus 965 advancers on the NSE, while the BSE recorded 2,296 decliners against 1,731 advancers.
Volatility Indicator
The India VIX, which reflects implied volatility of Nifty 50 options, fell 0.79% to 11.30, marking a six‑month low.
Commodity Prices
- Gold Futures for December delivery rose 0.07% (3.02 points) to $4,423.62 per troy ounce.
- Crude oil for October delivery increased 1.28% (1.08 dollars) to $85.14 per barrel.
- Brent crude for October rose 1.18% (1.07 dollars) to $92.09 per barrel.
Currency and Dollar Index
- The USD/INR spot rate edged up 0.08% to 95.76.
- EUR/INR climbed 0.39% to 111.18.
- The US Dollar Index Futures slipped 0.29% to 99.27.