Sensex, Nifty shed gains to close lower on tepid sentiment; Metal shares fall

The key indices Sensex and Nifty ended the session on a negative terrain in a volatile trade, dragged by fall in midcaps amid rising concern over cross border tensions. The BSE Sensex went down 63.61 pts at 30,301.64, while the NSE Nifty-50 index ended 16.40 pts lower at 9,369.75. Sentiment was dampened by growing Indo-Pak tensions. Moody’s down-grading of credit rating on China hurt the risk appetite.

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