Equities trade lower on weak global cues, banking and metal stocks fall

Equity benchmark indices swung lower during early hours on Jan 15.The BSE SandP Sensex was down by 206 points to 41,745 while the nifty 50 tumbled by 66 points at 12,296. Banking and metal stocks were the worst sufferers. Meanwhile, stocks slipped in Asian trade as investors waited for the signing of an initial US-China trade deal