Mumbai, January 27: The Indian stock market ended the day on a negative note on 27 January, with the Sensex falling 824 points to close at 75,366. The Nifty dropped 263 points to settle at 22,829.
Among the 30 Sensex-listed stocks, 23 recorded losses, while seven gained. IT, energy, and metal stocks saw the steepest declines, while auto shares showed resilience and managed gains.
Asian markets displayed mixed performance. Japan’s Nikkei dropped 0.92%, and China’s Shanghai Composite Index ended with a marginal loss of 0.062%. South Korea’s Kospi remained closed.
IT, energy, and metal stocks led the downturn in India, reflecting weak global cues and domestic concerns. However, the auto sector provided some support, showing strength amid the broader decline.
Market experts suggest that volatility may persist in the short term due to global uncertainties and domestic earnings pressures. Investors are advised to tread cautiously and focus on fundamentals during this period.
