Equity markets witnessed another day of significant losses as both Sensex and Nifty lost half a percent on Tuesday, 28 January.
The 30-share BSE index lost 172.78 points to close at 40,982.34, while the broader 50-share NSE index finished at 12,060.25, down 58.75 points.
Auto and metal stocks lost the most with the Nifty Auto and Nifty Metal sub-indices 1.23 percent and 2.39 percent, respectively.
Volatility reigned in the markets amid a global selloff triggered by concerns over the impact of rapidly-spreading coronavirus on world economies, they added.
Bourses in Japan and South Korea were trading with sharp losses, while markets in China, Korea and Hong Kong were closed for a holiday.
Brent crude oil futures fell 0.61 per cent to $58.22 per barrel. The rupee appreciated 5 paise to 71.38 against the US dollar in morning session.
(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)