Metals continued to drag the indices down for the second straight session on Tuesday as investors weighed the impact of coronavirus to China’s and the world economy. Additionally, volatility in the Indian equities ahead of the Union Budget for 2020-21. The S&P BSE Sensex plummeted 188.26 points, or 0.46 per cent, to end at 40,966.86 level. In the intra-day trade, the Sensex hit a low of 40,869.75. On the National Stock Exchange (NSE), the broader Nifty50 held the psychological mark of 12,000, and ended marginally above the level at 12,055.80-mark, down 63.20 points, or 0.52 per cent. On the sectoral front, Nifty Metal index was the top drag on the NSE, down over 2 per cent at close. This was followed by losses in the Nifty Auto index, down over 1 per cent. On the contrary, Nifty Realty index was the top performer today, up 0.11 per cent at close. The S&P BSE mid-cap index ended 0.50 per cent lower at 15,679.84 level, while the S&P BSE small-cap was at 14,827.34, down 0.16 per cent.
Nifty50 closed lower at 12055.80 level, -63.20 points, or -0.52 per cent. Nifty Support : 11980 and 11920 Resistance : 12120 and 12160.
