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Sensex ends lower; Tata Group firms weigh

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Reuters

REUTERS - Indian shares ended lower on Tuesday, weighed down by losses in stocks of Tata Group companies after Cyrus Mistry was ousted as chairman of salt-to-software conglomerate Tata Sons.

The benchmark BSE Sensex closed down 0.31 percent at 28,091.42, while the broader Nifty ended 0.20 percent lower at 8,691.30.

Tata Motors , Tata Steel , Tata Power and Tata Consultancy Services lost between 1 and 2.5 percent, dragging down the NSE Nifty.

(Reporting by Arnab Paul in Bengaluru; Editing by Biju Dwarakanath)

 

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First Published: Oct 25 2016 | 4:06 PM IST

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