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Sensex Ends Lower; Metal and Telecom Stocks Witness Selling

Date: Tuesday, January 28, 2020 6:15 AM EST

India share markets witnessed selling pressure during closing hours and ended their day on a negative note.

At the closing bell, the BSE Sensex stood lower by 188 points (down 0.5%) and the NSE Nifty stood down by 58 points (down 0.5%).

The BSE Mid Cap index ended the day down 0.5%, while the BSE Small Cap index stood down by 0.2%.

Stocks in the metal sector and telecom sector witnessed huge selling pressure, while IT stocks were trading in the green.

The rupee was trading at 71.29 against the US$.

Asian stock markets finished on a mixed note. As of the most recent closing prices, the Hang Seng was up by 0.15% and the Shanghai Composite was down by 2.75%. The Nikkei 225 was down 0.55%.

European markets were also trading on a mixed note. The FTSE 100 was up by 0.13%. The DAX was trading down by 0.15%, while the CAC 40 stood up 0.07%.


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