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Indian stocks close lower

Xinhua, January 28, 2015 Adjust font size:

Indian stocks market benchmark BSE Sensex snapped its eight-day-long winning streak on Wednesday, as it ended the volatile session in the red ahead of the January F&O series expiry.

Gains in oil & gas, technology and pharmaceuticals were offset by losses in capital goods, metals and auto sectors.

The 30-share index ended at 29,547.63, down 23.41 points or 0. 08 per cent. It touched an all-time high of 29,786.32 and an intraday low of 29,417.67 in trade today.

So far in 2015, the Sensex has gained 7.9 percent, while foreign institutional investors have bought 1.24 billion USD from local equity markets and 2.91 billion USD from the debt market. Endi