Stock market traded in red on Friday, as NSE benchmark Nifty50 remained below 26,000 levels and BSE Sensex tanked over 400 points. Nifty50 trimmed 130 points or 0.50% to reach 25,746. BSE benchmark Sensex also dipped 433 points to 83,747 at 12:11 pm. Benchmark indices opened lower amid concerns over the US threat of imposing 500% tariffs on countries importing Russian crude and continued heavy foreign portfolio investor (FPI) outflows. Investors are now turning their attention to the upcoming earnings season for cues on the market’s next direction. Market experts told PTI that after several sessions of decline, indices could attempt to stabilize at current levels. Ajay Bagga, Banking and Market Expert, told ANI, “After four days of losses, Indian markets may look at consolidating and holding ground. Foreign portfolio investors have offloaded about $900 million worth of Indian shares in January so far, after record outflows of $19 billion in 2025. Nifty and Sensex have lost 1.7% and 1.8%, respectively, in the last four sessions, after US threats of further sanctions on Russian oil. purchases and a proposal to raise tariffs to 500% on countries doing trade with Russia. Indian markets are in an oversold zone and could see some recovery.”
Nifty50 top gainers
- Eternal – +1.79%
- HCL Tech – +1.29%
- Asian Paints – +1.17%
- BEL – +1.16%
- ONGC – +1.09%
- JSW Steel – +1.03%
- Tech Mahindra – +0.63%
- SBI – +0.63%
- Dr Reddys – +0.34%
- Infosys – +0.33%
Nifty50 top losers
- ICICI Bank – (−) 2.17%
- Adani Enterprises – (−) 1.85%
- Adani Ports SEZ – (−) 1.80%
- Max Healthcare – (−) 1.53%
- UltraTech Cement – (−) 1.17%
- NTPC – (−) 1.09%
- Nestle India – (−) 1.08%
- Maruti Suzuki – (−) 1.08%
- Apollo Hospital – (−) 1.01%
- Axis Bank – (−) 1.00%)
Top BSE Sensex gainers
- Eternal – +1.80%
- HCL Tech – +1.30%
- Asian Paints – +1.11%
- SBI – +0.64%
- Tech Mahindra – +0.63%
- IndusInd Bank – +0.41%
- Power Grid – +0.33%
- Infosys – +0.33%
- TCS – +0.26%
- Tata Steel – +0.12%
Top BSE Sensex losers
- ICICI Bank – (−) 2.19%
- Adani Ports SEZ – (−) 1.79%
- UltraTech Cement – (−) 1.18%
- Nestle India – (−) 1.11%
- Maruti Suzuki – (−) 1.07%
- NTPC – (−) 1.06%
- Axis Bank – (−) 1.00%
- ITC – (−) 0.93%
- Sun Pharma – (−) 0.90%
- InterGlobe – (−) 0.87%
Meanwhile on the global front, market sentiment later in the day is likely to be shaped by two key developments: the US jobs report and the US Supreme Court’s ruling on the legality of the Trump-era tariffs. The employment data is expected to show that around 70,000 jobs were added in December. Meanwhile, the Supreme Court’s verdict is being closely watched by investors. Markets will track whether the court invalidates the Trump tariffs, whether it orders a refund of duties already collected, a move that could have a $150 billion impact on US government finances, and how the Trump administration may attempt to reimpose tariffs through alternative legislative routes.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
