“Despite favourable global cues and recovery in rupee, the domestic market continued to witness selling pressure due to higher oil price and yield," said Vinod Nair, Head of Research, Geojit Financial Services Ltd.
From the 30-share basket, 16 stocks fell, while 14 ended with gains. Indusind Bank, Maruti Suzuki India, HDFC Bank,YES Bank and HDFC were the worst performers. Coal India Ltd, ONGC, Tata Steel and Hero MotoCorp led the gainers pack.
At the BSE, 1,704 stocks declined, while 968 advanced and 173 remained unchanged. As many as 180 stocks hit their 52-week low levels on BSE on Wednesday.
“This story has been published from a wire agency feed without modifications to the text"
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