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Bourses snap 2-day rally on weak global trends & tariff concerns

Millennium Post Delhi

|

New Delhi 27November2024

Broader markets defied trend with the BSE smallcap gauge climbing 0.62% and midcap index by 0.10%

MUMBAI: Benchmark indices Sensex and Nifty snapped the two-day rally and closed lower on Tuesday in line with weak global market trends amid concerns over tariff threats by US President-elect Donald Trump.

In a volatile trade, the 30-share Sensex declined 105.79 points or 0.13 per cent to settle at 80,004.06. During the day, it lost 311.18 points or 0.38 per cent to 79,798.67.

The broader NSE Nifty declined by 27.40 points or 0.11 per cent to 24,194.50.

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