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Post Session: Quick Review
Jan-08-2026

Indian equity benchmarks declined for the fourth consecutive session on Thursday, weighed down by broad-based selling, with IT stocks leading the losers. Markets made a negative start amid escalating geopolitical tensions and uncertainty surrounding U.S. tariffs. Selling intensified in the second half of the session, dragging indices to close near their day’s low points.

Some of the important factors in trade:

FIIs outflows: Traders remained cautious as exchange data showed foreign institutional investors (FIIs) offloaded equities worth Rs 1,527.71 crore on Wednesday 

India-Europe partnership can bring stability into global economy and politics: Traders ignored External Affairs Minister S Jaishankar’s statement that India is strengthening its relationship with Europe and both sides can bring greater stability to the international economy and global politics. 

Oil marketing companies were in focus: Stocks of oil marketing companies (OMCs) traded under pressure amid reports that US President approved a bill that threatens to raise tariffs on countries buying energy products from Russia to at least 500 per cent. 

Global front: European markets were trading mostly in red as investors monitored the latest U.S.-Venezuela developments and awaited upcoming U.S. labor market data for additional clues on the Federal Reserve's trajectory. Asian equity markets were trading mostly in red amid escalating China-Japan tensions. 

The BSE Sensex ended at 84180.96, down by 780.18 points or 0.92% after trading in a range of 84110.10 and 84965.27. There were 4 stocks advancing against 26 stocks declining on the index. (Provisional)

The broader indices ended in red; the BSE Mid cap index was down by 1.99%, while Small cap index down by 1.97%. (Provisional)

The top losing sectoral indices on the BSE were Metal down by 3.34%, Oil & Gas down by 3.15%, Power down by 2.92%, Energy down by 2.64% and Basic Materials down by 2.36%, while there were no gaining sectoral indices. (Provisional)

The top gainers on the Sensex were Eternal up by 0.64%, ICICI Bank up by 0.39%, Bajaj Finance up by 0.26% and Bharat Electronics up by 0.04%. On the flip side, TCS down by 2.95%, Tech Mahindra down by 2.92%, Larsen & Toubro down by 2.91%, Reliance Industries down by 2.27% and Tata Steel down by 2.15% were the top losers. (Provisional)

Meanwhile, suggesting measures to achieve India’s goal to become third-largest economy in the world, Union Minister Nitin Gadkari has said that the country, which is the fourth largest economy in the world, needs to cut its imports and have to more focus on increasing exports. He highlighted how agricultural waste can be converted into a valuable national resource and help in reducing the country's crude imports. He also noted that the use of bio-bitumen, a petroleum-free component, in road construction is a transformative step towards the vision of Viksit Bharat 2047.

He added that the country can save nearly $4,500 crore in foreign exchange with 15 per cent blending, and substantially reduce its dependence on imported crude oil. He further said that the country is the first in the world to commercially produce bio-bitumen. This innovation will empower farmers, generate rural livelihoods, and boost the rural economy. He said bio-bitumen truly reflects the government's commitment to sustainable development, self-reliance, and environmentally responsible growth, paving the way for a cleaner and greener future.

He also suggested that agriculture and construction equipment manufacturers should promote vehicles that run on alternative fuels and are powered by flex-engines. He said the government has identified 10 highway stretches in different parts of the country for plying green hydrogen-powered trucks with an aim to reduce vehicular pollution. He emphasised that India should become an exporter of energy, not an importer. He noted the country is spending Rs 22 lakh crore for importing fossil fuels, and because of the import of fossil fuels, the country is facing the problem of pollution.

The CNX Nifty ended at 25876.85, down by 263.90 points or 1.01% after trading in a range of 25858.45 and 26133.20. There were 4 stocks advancing against 45 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Eternal up by 0.93%, SBI Life Insurance up by 0.58%, ICICI Bank up by 0.51%, Bajaj Finance up by 0.33% and Bharat Electronics up by 0.00%. On the flip side, Hindalco down by 3.68%, JIO Financial Services down by 3.28%, ONGC down by 3.20%, Wipro down by 3.18% and Larsen & Toubro down by 3.09% were the top losers. (Provisional)

European markets were trading mostly in red; UK’s FTSE 100 decreased 38.26 points or 0.38% to 10,009.95 and France’s CAC fell 22.12 points or 0.27% to 8,211.80, while Germany’s DAX gained 29.74 points or 0.12% to 25,152.00.

Asian markets settled mostly down on Thursday ahead of key US jobs data due this week that could influence the Federal Reserve's rate trajectory. Japanese shares tumbled amid profit-taking in the AI sector and as trade tensions heat up with China by launching an anti-dumping investigation into dichlorosilane, a critical chemical gas used in the manufacture of semiconductors and solar panels. Meanwhile, Japan's real wages in November dropped 2.8% from a year earlier, falling for the 11th straight month and at the fastest pace since last January. Although, South Korea's Kospi index ended nearly flat after hitting a fresh all-time high earlier in the session, driven by strong demand for semiconductor shares and robust earnings forecasts from companies like Samsung Electronics.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,082.98

-2.79

-0.07

Hang Seng

26,149.31

-309.64

-1.17

Jakarta Composite

8,925.47

-19.34

-0.22

KLSE Composite

1,669.57

-7.26

-0.43

Nikkei 225

51,117.26

-844.72

-1.63

Straits Times

4,739.07

-8.55

-0.18

KOSPI Composite

4,552.37

1.31

0.03

Taiwan Weighted

30,360.55

-74.92

-0.25
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