Investing.com – India equities were lower at the close on Tuesday, as losses in the Banking, Technology and IT sectors propelled shares lower.
At the close in NSE, the Nifty 50 declined 2.50% to hit a new 3-year low, while the BSE Sensex 30 index lost 2.58%.
The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd (NS:YESB), which rose 59.30% or 22.00 points to trade at 59.10 at the close. Hindustan Unilever Ltd. (NS:HLL) added 3.09% or 60.05 points to end at 2001.95 and Eicher Motors Ltd. (NS:EICH) was up 2.77% or 456.30 points to 16950.00 in late trade.
Biggest losers included Zee Entertainment Enterprises Ltd. (NS:ZEE), which lost 20.05% or 33.35 points to trade at 133.00 in late trade. IndusInd Bank Ltd. (NS:INBK) declined 9.20% or 61.10 points to end at 603.05 and ICICI Bank Ltd (NS:ICBK) shed 8.92% or 35.95 points to 366.95.
The top performers on the BSE Sensex 30 were Hindustan Unilever Ltd. (BO:HLL) which rose 3.49% to 2009.00, Hero MotoCorp Ltd (BO:HROM) which was up 2.68% to settle at 1831.90 and Power Grid Corporation of India Ltd (BO:PGRD) which gained 2.53% to close at 162.15.
The worst performers were ICICI Bank Ltd (BO:ICBK) which was down 8.95% to 366.85 in late trade, IndusInd Bank Ltd. (BO:INBK) which lost 8.89% to settle at 604.30 and Bajaj Finance Ltd (BO:BJFN) which was down 6.26% to 3444.85 at the close.
Declining stocks outnumbered rising ones by 1027 to 518 and 80 ended unchanged; on the Bombay Stock Exchange, 1562 fell and 737 advanced, while 145 ended unchanged on the India National Stock Exchange.
The India VIX, which measures the implied volatility of Nifty 50 options, was up 6.88% to 62.9250 a new 5-year high.
In commodities trading, Gold Futures for April delivery was down 0.92% or 13.70 to $1472.80 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.48% or 0.43 to hit $29.43 a barrel, while the May Brent oil contract fell 0.30% or 0.09 to trade at $29.96 a barrel.
USD/INR was up 0.32% to 74.235, while EUR/INR fell 0.82% to 82.0555.
The US Dollar Index Futures was up 0.85% at 98.985.