Investing.com – India equities were lower at the close on Friday, as losses in the Metals, Public Sector Undertakings and Banking sectors propelled shares lower.
At the close in NSE, the Nifty 50 lost 2.48% to hit a new 3-month low, while the BSE Sensex 30 index lost 2.32%.
The biggest gainers of the session on the Nifty 50 were Bajaj Auto Ltd (NS:BAJA), which rose 1.53% or 41.35 points to trade at 2745.00 at the close. GAIL Ltd (NS:GAIL) added 0.84% or 0.90 points to end at 107.70 and Maruti Suzuki India Ltd. (NS:MRTI) was up 0.43% or 27.15 points to 6393.10 in late trade.
Biggest losers included Yes Bank Ltd (NS:YESB), which lost 54.89% or 20.20 points to trade at 16.60 in late trade. Tata Motors Ltd (NS:TAMO) declined 9.50% or 11.95 points to end at 113.80 and Zee Entertainment Enterprises Ltd. (NS:ZEE) shed 7.29% or 17.35 points to 220.80.
The top performers on the BSE Sensex 30 were Bajaj Auto Ltd (BO:BAJA) which rose 1.20% to 2736.10, Maruti Suzuki India Ltd. (BO:MRTI) which was up 1.03% to settle at 6430.30 and Asian Paints Ltd. (BO:ASPN) which gained 0.13% to close at 1877.80.
The worst performers were Tata Steel Ltd (BO:TISC) which was down 6.51% to 351.20 in late trade, State Bank Of India (BO:SBI) which lost 6.19% to settle at 270.45 and IndusInd Bank Ltd. (BO:INBK) which was down 5.62% to 1014.30 at the close.
Declining stocks outnumbered rising ones by 1287 to 287 and 57 ended unchanged; on the Bombay Stock Exchange, 1837 fell and 493 advanced, while 115 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 10.30% to 25.6425 a new 6-month high.
In commodities trading, Gold Futures for April delivery was up 1.09% or 18.15 to $1686.15 a troy ounce. Meanwhile, Crude oil for delivery in April fell 3.97% or 1.82 to hit $44.08 a barrel, while the May Brent oil contract fell 4.22% or 2.11 to trade at $47.88 a barrel.
USD/INR was up 0.41% to 73.800, while EUR/INR rose 1.00% to 83.4255.
The US Dollar Index Futures was down 0.80% at 96.013.