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On Tuesday (January 6, 2026), benchmark indices Sensex and Nifty ended decrease for the second straight day, dragged down by heavy promoting in blue-chip shares Reliance Industries and HDFC Financial institution and worries over contemporary US warnings of additional hike in tariffs on India.
The 30-share BSE Sensex fell 376.28 factors or 0.445 per cent to settle at 85,063.34. Throughout the day, it fell 539.52 factors (0.63%) to 84,900.10.
The 50-share NSE Nifty fell 71.60 factors or 0.275 to shut at 26,178.70. Among the many 30 Sensex firms, Torrent fell 8.62 per cent after the Tata group’s retail agency’s gross sales development within the December quarter did not cheer traders.
Reliance Industries recorded 4.42 per cent, whereas ITC, Kotak Mahindra Financial institution, Interglobe Aviation and HDFC Financial institution additionally lagged behind. Nevertheless, ICICI Financial institution, Solar Pharma, Hindustan Unilever and State Financial institution of India had been among the many gainers.
After taking a breather, international institutional traders bought shares value Rs 3,625 crore on Monday (January 5, 2026), in accordance with alternate information. In the meantime, home institutional traders purchased shares value Rs 1,764.07 crore.
US President Donald Trump says he is aware of Prime Minister Narendra Modi is “not completely satisfied” with India’s purchases of Russian oil and that Washington might increase tariffs on New Delhi “in a short time.”
Trump made the remarks Sunday (January 4, 2026) whereas talking to reporters aboard Air Drive One as he flew from Florida to Washington, D.C.
In the meantime, development in India’s providers sector slowed in December, as the speed of latest jobs and manufacturing growth slowed to an 11-month low and corporations avoided hiring extra workers, a month-to-month survey confirmed on Tuesday (Jan 6).
The seasonally adjusted HSBC India Providers PMI Enterprise Exercise Index fell to 58.0 in December from 59.8 in November, the slowest development fee since January. In Buying Managers Index (PMI) terminology, a rating above 50 means growth, and a rating beneath 50 means contraction.
Companies stay optimistic about development prospects, however general sentiment has fallen to its lowest degree in practically three-and-a-half years, the survey discovered.
In Asian markets, South Korea’s Kospi Index, Japan’s Nikkei Inventory Common, Shanghai’s SSE Composite Index, and Hong Kong’s Grasp Seng Index ended considerably increased. Developments within the European market had been blended. US markets ended increased on Monday (January 5).
Brent crude oil, the world oil benchmark, rose 0.28% to $61.93 per barrel. On Monday (January 5), the Sensex fell 322.39 factors or 0.38 per cent to settle at 85,439.62. After hitting an intraday excessive of 26,373.20, Nifty failed to hold on the momentum and fell 78.25 factors (0.30%) to finish at 26,250.30.
