The Indian stock market ended lower on Monday, 5 January, despite positive global cues as investors booked profits in select heavyweights amid increased geopolitical tensions after the US military attacked Venezuela and captured Venezuelan President Nicolas Maduro and his wife.
However, the US attacks on Venezuela did not deal any significant blow to global markets. In Asia, Japan’s Nikkei and Korea’s Kospi jumped over 3% each, while China’s Shanghai Composite rose by over 1%. In Europe, Germany’s DAX rose by over a per cent. The UK’s FTSE and France’s CAC 40 were in the green when the Sensex closed.
The Sensex fell 322 points, or 0.38%, to end at 85,439.62, while the Nifty 50 ended at 26,250.30, down 78 points, or 0.30%.