Sensex snaps five days of gains amid global growth concerns
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Sensex snaps five days of gains amid global growth concerns

By Reuters

  • 22 Jan 2019
Sensex snaps five days of gains amid global growth concerns
Credit: Thinkstock

Indian shares snapped five straight sessions of gains on Tuesday, tracking global markets amid worries about growth, with financials and automakers bearing the brunt.

The broader Nifty ended down 0.36 percent at 10,922.75, while the benchmark Sensex ended 0.37 percent weaker at 36,444.64.

Housing Development Finance Corp Ltd was the biggest drag on the NSE index with a drop of 1.3 percent, while HDFC Bank Ltd declined 0.6 percent.

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Automakers Mahindra and Mahindra Ltd and Maruti Suzuki India Ltd fell 3 percent and 1.9 percent, respectively, driving the Nifty Auto Index 0.8 percent lower.

Among gainers, Sun Pharmaceutical Industries Ltd rose 5.2 percent and Kotak Mahindra Bank Ltd climbed 1.9 percent.

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