 | « Back to article | Print this article |
Benchmark indices Sensex and Nifty snapped the two-day rally and closed lower on Tuesday in line with weak global market trends amid concerns over tariff threats by US President-elect Donald Trump.
In a volatile trade, the 30-share Sensex declined 105.79 points or 0.13 per cent to settle at 80,004.06.
During the day, it lost 311.18 points or 0.38 per cent to 79,798.67.
The broader NSE Nifty declined by 27.40 points or 0.11 per cent to 24,194.50.
From the 30-share Sensex pack, UltraTech Cement, Adani Ports, Sun Pharma, NTPC, Tata Motors, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the biggest laggards.
Asian Paints, Infosys, JSW Steel, Tata Consultancy Services and Reliance Industries were among the biggest gainers.
Global stock markets declined following concerns over US President-elect Donald Trump's comment that he plans to impose new tariffs on Mexico, Canada and China as soon as he takes office on January 20.
In Asian markets, Seoul, Tokyo and Shanghai settled lower while Hong Kong ended higher.
All Adani group stocks ended lower, with Adani Green Energy tumbling 7.05 per cent.
Global oil benchmark Brent crude climbed 0.71 per cent to $73.58 a barrel.
Foreign Institutional Investors (FIIs) turned buyers on Monday after unabated selling for the past many days.
They bought equities worth Rs 9,947.55 crore, according to exchange data.