Indian markets closed in the red for the fourth consecutive day in a row on January 27 pushing benchmark indices below crucial support levels. The S&P BSE Sensex plunged nearly 1,000 points while Nifty50 closed below 14,000.
Sectorally, selling pressure was seen in Banks, Finance, Metals, Realty, Auto, Energy, Oil & Gas which were down more than 2 percent each.
On the broader markets front - the S&P BSE Midcap index fell 1.3 percent while the S&P BSE Smallcap index fell 0.5 percent – outperforming the benchmark indices.
Stocks in focus included Chennai Petro which plunged by 20 percent and L&T Technology Services which rose by about 6 percent.