Provisional: Weak global cues drag markets fifth straight day
Markets ended lower after further tapering by the US Fed led to a sell-off in emerging markets
Benchmark share indices ended lower for fifth straight day after further tapering by the US Fed led to a sell-off in emerging markets on concerns that foreign fund inflows would slowdown going forward. Further, expiry of January derivative contracts also weighed on the stock market.
The 30-share Sensex ended down 140 points at 20,506 and the 50-share Nifty ended down 41points at 6,079.
The 30-share Sensex ended down 140 points at 20,506 and the 50-share Nifty ended down 41points at 6,079.
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First Published: Jan 30 2014 | 3:31 PM IST
