Mumbai: The BSE Sensex declined 86.42 points to 84,976.92 on January 7, 2026. The NSE Nifty went down 13.10 points to 26,165.60. The benchmark indices
lowered as geopolitical tensions and renewed concerns about potential US tariff hikes weighed on investor sentiments. Also, continuous selling by foreign investors also dragged markets lower during the initial trade.
Foreign institutional investors sold equities worth Rs 107.63 crore on Tuesday, while, Domestic institutional investors infused Rs 1,749.35 crore in the domestic market to buy equities, exchange data showed.
Laggards from the Sensex pack: Bajaj Finserv, Bajaj Finance, Maruti, Tata Motors Passenger Vehicles, Bharti Airtel, and HDFC Bank. Gainers included, Reliance Industries, HCL Tech, Tech Mahindra, Titan, and Infosys.
Why stock market declined
“Rising geopolitical tensions and fresh tariff-related concerns have triggered profit-booking at higher levels, keeping risk appetite in check. As a result, the market is expected to remain largely range-bound, with stock-specific and sector-led moves dominating trade rather than a broad-based directional trend,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, told PTI.
Shanghai’s SSE Composite index and South Korea’s Kospi index traded in positive territory, while Hong Kong’s Hang Seng index and Japan’s Nikkei 225 index traded lower. The US stock markets settled higher on Tuesday. Brent crude, the global oil benchmark, depreciated 0.87 per cent to USD 60.17 per barrel.
On January 6, 2026, the 30-share BSE barometer dropped 376.28 points to finish at 85,063.34. The Nifty went down 71.60 points to settle at 26,178.70.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
