Stock markets take downtrend for fifth day

Representative image. | Photo Credit: Getty Images/iStockphoto

Benchmark indices Sensex and Nifty buckled under selling pressure for the fifth straight session on Friday (January 9, 2026), falling nearly 1%, as investors turned cautious due to growing concerns over potential U.S. tariff hikes amid lingering geopolitical worries.

The relentless foreign capital flight from Indian markets also affected the market sentiment, traders said.

After a brief rebound in early trade, the 30-share BSE Sensex failed to carry forward the momentum and tumbled 604.72 points, or 0.72%, to sink below the 84,000-level and settle at 83,576.24. During the day, it dropped 778.68 points, or 0.92%, to 83,402.28.

The 50-share NSE Nifty dropped 193.55 points or 0.75% to 25,683.30.

From the 30-Sensex firms, NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma and Bajaj Finance were among the biggest laggards.

However, Asian Paints, HCL Tech, Bharat Electronics and Reliance Industries were among the gainers.

On Thursday, the Sensex fell 780.18 points or 0.92% to settle at 84,180.96. The Nifty tumbled 263.90 points or 1.01% to 25,876.85.

Foreign institutional investors offloaded equities worth ₹3,367.12 crore on Thursday, and Domestic Institutional Investors (DIIs) bought stocks worth ₹3,701.17 crore, according to exchange data.

“Domestic risk-off sentiment has intensified amid uncertainty surrounding U.S.-India tariff negotiations and escalating geopolitical tensions,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

In Asian markets, South Korea’s Kospi index, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index ended higher.

Markets in Europe were trading in positive territory. U.S. markets ended on a mixed note on Thursday.

“Indian equity markets remained under sustained pressure throughout the week, weighed down by elevated global trade uncertainty following renewed tariff-related remarks from U.S. President Donald Trump,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

Brent crude, the global oil benchmark, rose 0.18% to $62.10 per barrel.

Published – January 09, 2026 04:58 pm IST

  • Related Posts

    SEBI proposes to review base price and price band for ETF

    Securities and Exchange Board of India (SEBI). File picture | Photo Credit: Reuters Securities and Exchange Board of India (SEBI) is set to review the base price and price band…

    Rupee may close 2026 at 93 on FDI outflows and expensive non-Russian crude

    Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee-dollar pair may depreciate to ₹93 by the end of the current calendar year as foreign direct outflows…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Vijay Sethupathys Muthu Alias Kaattaan gets release date; teaser unveiled

    Vijay Sethupathys Muthu Alias Kaattaan gets release date; teaser unveiled

    The Genius of Trees: Read an excerpt from the book by Harriet Rix

    The Genius of Trees: Read an excerpt from the book by Harriet Rix

    Lamborghini seized after Kanpur crash released after 8.5 crore bond payment

    Lamborghini seized after Kanpur crash released after  8.5 crore bond payment

    Prague Masters: Gukesh suffers shock defeat to van Foreest, Aravindh draws with Maghsoodloo

    Prague Masters: Gukesh suffers shock defeat to van Foreest, Aravindh draws with Maghsoodloo

    The Kerala Story 2 box office prediction: Controversy buzz doesn’t help sequel, film to open at less than half of part 1

    The Kerala Story 2 box office prediction: Controversy buzz doesn’t help sequel, film to open at less than half of part 1

    Subedaar: Full music album of Anil Kapoors upcoming actioner out

    Subedaar: Full music album of Anil Kapoors upcoming actioner out