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Bourses extend losses in early afternoon session
Jan-07-2026

Indian markets extended their losses in early afternoon session as traders avoided to take risk. Besides, foreign fund outflows dampened investors’ sentiments. Foreign institutional investors offloaded equities worth Rs 107.63 crore on Tuesday, according to exchange data. Traders overlooked the External Affairs Minister S Jaishankar’s statement that India views Luxembourg as a ‘very important’ partner, and the two countries can enhance bilateral cooperation in multiple areas, including fintech, space, and AI. Jaishankar is on a six-day visit to France and Luxembourg, and he held talks with Luxembourg Prime Minister Luc Frieden on ‘growing’ bilateral cooperation, including in finance, investment and tech sectors. Sector wise, agriculture stock remained in limelight as sowing of Rabi-season crops has increased 2.65% at 634.14 lakh hectares area as on January 2, 2026.  

On the global front, Asian markets were trading mixed as services sector in Japan continued to expand in December, albeit at a slower pace. That's down from 52.0 in November, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. 

The BSE Sensex is currently trading at 84838.88, down by 224.46 points or 0.26% after trading in a range of 84617.49 and 85075.99. There were 8 stocks advancing against 22 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index gained 0.18%, while Small cap index was down by 0.07%.

The top gaining sectoral indices on the BSE were IT up by 1.50%, Consumer Durables up by 1.37%, TECK up by 0.62%, Capital Goods up by 0.09% and Healthcare was up by 0.09%, while Utilities down by 1.02%, Oil & Gas down by 0.83%, Realty down by 0.72%, Telecom down by 0.70% and Auto was down by 0.64% were the top losing indices on BSE.

The top gainers on the Sensex were Titan Company up by 4.74%, HCL Tech up by 1.80%, Eternal up by 1.56%, Tech Mahindra up by 1.46% and Infosys up by 1.12%. On the flip side, Kotak Mahindra Bank down by 1.62%, Maruti Suzuki down by 1.60%, Power Grid down by 1.55%, HDFC Bank down by 1.45% and Interglobe Aviation down by 1.35% were the top losers.

Meanwhile, the Federation of Automobile Dealers Associations (FADA) has said that retail vehicle sales across all categories in India rose by 7.71% to 2,81,61,228 units in 2025, up from 2,61,45,445 units in 2024, with GST 2.0 helping overcome a subdued start to the year. It stated passenger vehicle (PV) retail sales stood at 44,75,309 units in 2025 as against 40,79,532 units in 2024, a growth of 9.7 per cent.

Similarly, two-wheeler (2W) sales also grew by 7.24 per cent at 2,02,95,650 units in 2025 as compared to 1,89,24,815 units in 2024. In 2025, three-wheeler retail sales were at 13,09,953 units as compared to 12,21,886 units in 2024, up 7.21 per cent. Commercial vehicles (CV) retail also witnessed a growth of 6.71 per cent at 10,09,654 units in 2025 as against 9,46,190 units in 2024.

FADA President CS Vigneshwar said that 2025 turned out to be a tale of two halves, with the period from January to August remaining subdued despite supportive macro cues such as direct-tax relief in the Union Budget and RBI's cumulative rate easing through 2025. During this phase, customers stayed value-conscious and financier approvals remained selective in pockets, resulting in uneven conversions across markets. 

Vigneshwar said ‘The turning point came from September onwards, when the landmark GST 2.0 rate rationalisation, including meaningful reductions for mass segments like small cars, two-wheelers (up to 350cc), three-wheelers and key commercial categories, improved affordability and lifted sentiment, leading to a clear upshift through September-December.’

The CNX Nifty is currently trading at 26103.60, down by 75.10 points or 0.29% after trading in a range of 26096.65 and 26187.15. There were 17 stocks advancing against 33 stocks declining on the index.

The top gainers on Nifty were Titan Company up by 4.70%, JIO Financial up by 2.34%, HCL Tech up by 1.79%, Wipro up by 1.60% and Eternal up by 1.52%. On the flip side, Cipla down by 4.38%, Max Healthcare Inst down by 2.44%, Tata Motors Passenger down by 2.26%, Kotak Mahindra Bank down by 1.61% and Maruti Suzuki down by 1.58% were the top losers.

Asian markets were trading mixed; Nikkei 225 slipped 572.08 points or 1.1% to 51,946.00, Hang Seng declined 265.45 points or 0.99% to 26,445.00, Taiwan Weighted lost 140.83 points or 0.46% to 30,435.47 and Straits Times was down by 2.44 points or 0.05% to 4,737.53. On the flip side, Shanghai Composite strengthened 2.1 points or 0.05% to 4,085.77, Jakarta Composite gained 7.18 points or 0.08% to 8,940.79 and KOSPI was up by 25.58 points or 0.56% to 4,551.06.
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