Indian shares fall for fourth straight session; metals weigh

MUMBAI: Indian shares ended lower for a fourth consecutive session on Monday, dragged down by metal stocks such as NMDC Ltd, on fears of a global trade war after US President Donald Trump pledged to impose hefty tariffs on steel and aluminium imports.

The benchmark BSE index closed down 0.88 percent at 33,746.78 while the broader NSE index ended 0.95 percent lower at 10,358.85. The NSE index closed at its lowest since Dec. 15, 2017.

The Nifty Metal index closed 3.28 percent lower with NMDC and National Aluminium Co Ltd ending 6 percent and 5.1 percent lower respectively.