Mumbai: The BSE Sensex declined 206.06 points to 84,755.08 on Thursday. The NSE Nifty went down 86.65 points to 26,054.10. The equity benchmark indices
declined as foreign investors fund outflows and concerns about potential US tariff hikes.
Foreign institutional investors sold equities worth Rs 1,527.71 crore on Wednesday, while domestic institutional investors infused Rs 2,889.32 crore to purchase stocks.
From the 30-Sensex firms, laggards included, Maruti, Tech Mahindra, Infosys, UltraTech Cement, Tata Consultancy Services, and Asian Paints. Gainers included, Bharat Electronics, Hindustan Unilever, ICICI Bank, and Adani Ports.
What experts are saying on stock market movement
“From the fundamental perspective, there is good news for the economy and markets. Advanced estimates project the FY26 GDP growth at an impressive 7.4%. This reflects the underlying resilience of the economy despite Trump tariffs.
“However, this strong fundamental is unlikely to reflect in the market very soon since the much-awaited US-India trade deal, which is critical for India’s sustained growth and macro-economic stability, is not happening. This and the continuing FII selling are impacting the market,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, told PTI.
The government data released yesterday showed that Indian economy is expected to grow by 7.4 per cent in 2025-26 despite global challenges.
“With both the Nifty and Bank Nifty holding key support levels but encountering stiff overhead resistance, market sentiment remains cautious amid elevated geopolitical tensions, renewed tariff-related concerns, and continued foreign portfolio outflows,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.
Shanghai’s SSE Composite index and South Korea’s Kospi index gained, while Hong Kong’s Hang Seng and Japan’s Nikkei 225 index traded lower. The US stock markets settled mostly lower on Wednesday. Brent crude, the global oil benchmark, appreciated 0.40 per cent to USD 60.20 per barrel.
On January 8, the 30-share BSE barometer declined 102.20 points to end at 84,961.14. The 50-share Nifty went down by 37.95 points to 26,140.75.
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