Mumbai, January 14: Indian markets closed mixed on Tuesday as equities remained under pressure, precious metals surged, the rupee weakened, and crude oil prices softened globally.
The BSE Sensex slipped about 245 points to around 83,383, while the Nifty 50 fell nearly 67 points to trade near 25,666, weighed down by profit-booking and cautious global cues. Investor sentiment stayed subdued amid selective selling in heavyweight stocks.
In contrast, gold strengthened, with 24 carat prices in Mumbai rising to about ₹1,45,720 per 10 grams, supported by safe-haven demand and currency volatility. Silver outperformed sharply, with MCX futures jumping over four per cent to around ₹2,86,537, indicating fresh long positions driven by industrial demand expectations and firm global trends.
The rupee weakened to around 90.27 against the US dollar, pressured by a stronger greenback and risk-off sentiment. Meanwhile, Brent crude eased below $64 per barrel to trade near $63.5, reflecting concerns over global demand despite adequate supply.
Overall, the session highlighted a shift away from equities towards metals, as investors balanced risk amid uncertain global signals.
