Sensex Finishes Lower, Posts Monthly Loss
2026-01-30 11:37
By
Luisa Carvalho
1 min. read
India's BSE Sensex closed about 0.4% down at 82,269.8 on Friday, halting a three-day winning streak, as investors turned defensive and booked profits ahead of the February 1 Union Budget.
Investors will look for clues on whether fiscal policy leans toward short-term stimulus or long-term capital expenditure in response to rising US protectionism.
Meanwhile, market sentiment continued to be influenced by sustained foreign outflows, a weak currency, mixed earnings and lingering uncertainty over US trade policy.
Metal stocks faced heavy selling, reversing much of the 8.5% gains logged in the prior three sessions, with Tata Steel shedding over 5%.
Gains in FMCG, select PSU banks, healthcare, and consumer durables helped cap broader losses, led by Mahindra & Mahindra (1.3%), State Bank of India (1.3%), ITC (1.1%), Bharat Electronics (1.1%), Titan (0.8%), and Hindustan Unilever (0.6%).
The index rose 0.9% for the week but fell 3.5% in January, marking its second consecutive monthly decline.