Stock Market Close: Nifty below 26,200; Sensex down 376 pts; RIL drops 4%, Trent 9%; SMIDs slide

Sensex Today| Stock Market Highlights on January 6, 2025: In the broader markets, the NSE Nifty Midcap 100 was down 0.19 per cent, while the NSE Nifty Smallcap 100 were lower by 0.22 per cent

SI Reporter New Delhi
stock market trading
Nifty and Sensex ended lower for the second straight session

2 min read Last Updated : Jan 06 2026 | 3:49 PM IST

3:49 PM

Stock Market LIVE Updates: Fundamental view

Stock Market LIVE Updates: Fundamental view

Today, profit booking continues at higher levels, and the Nifty ends 72 points lower, while the Sensex was down by 376 points. Among sectors, the Pharma and Healthcare indices outperformed today, both rallying over 1.5 percent, whereas the Oil and Gas Index lost the most, shedding 1.80 percent. Technically, after an early morning intraday rally, the market registered profit booking again at higher levels.
 
View by: Shrikant Chouhan, head of equity research, Kotak Securities

3:47 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Technical view 

The markets stayed under pressure for the second straight session, with the Nifty slipping below its immediate support at the 26,200 level. The markets remained volatile, and the Nifty index formed a Doji candlestick pattern, reflecting indecisiveness among market participants. The key support is placed at the 21-DMA near 26,020, and as long as the index holds above this level, a pullback towards the 26,250–26,300 zone cannot be ruled out. Momentum indicators and oscillators continue to remain in buy mode, suggesting underlying strength. Additionally, the volatility index is still below the 10 mark, keeping the environment comfortable for the bulls.

View by: Nilesh Jain, head of technical and derivatives research analyst (equity research), Centrum Broking 

3:35 PM

Stock Market LIVE Updates: Sector Check

Stock Market LIVE Updates: Sector Check

-- Nifty Oil and Gas index was the top loser, down 1.75 per cent 

-- Nifty Healthcare index was top gainer, up 1.85 per cent 

3:34 PM

Stock Market LIVE Updates: Broaders markets end lower

Stock Market LIVE Updates: Broaders markets end lower

-- Nifty MidCap 100 index settles 0.19 per cent lower

-- Nifty SmallCap 100 index settles 0.22 per cent lower

3:33 PM

Stock Market LIVE Updates: Index heatmap

Stock Market LIVE Updates: Index heatmap

-- ICICI Bank, Sun Pharma and HUL were top gainers on 30-share BSE Sensex 

-- Trent, Reliance and Kotak Mahindra Bank were top drags

3:32 PM

Stock Market LIVE Updates: Sensex ends lower

Stock Market LIVE Updates: Sensex ends lower

-- Sensex closes at 85,063.34, down 376.28 points or 0.44 per cent 

3:31 PM

Stock Market LIVE Updates: Nifty settles lower

Stock Market LIVE Updates: Nifty settles lower

-- Nifty50 closes at 26,178.70, down 71.60 points or 0.27 per cent
 

3:20 PM

Stock Market LIVE Updates: HDFC Bank down 5% in 2 days, falls below 200-DMA

Stock Market LIVE Updates: A sharp decline in HDFC Bank shares has weighed on the Indian stock markets over the past two days. On Tuesday, HDFC Bank's share price declined 2.2 per cent, taking its two-day slide to 4.5 per cent. From its record high level of ₹1,020 (touched on October 23, 2025), the stock has slipped 6.3 per cent. READ MORE

3:11 PM

Stock Market LIVE Updates: GMP hints at double-digit listing gains for Modern Diagnostic IPO

Stock Market LIVE Updates: Grey market trends suggest a positive listing for pathology and radiology services chain operator Modern Diagnostic & Research Centre, which is set to debut on D-Street on Wednesday, January 7, 2026. This comes after the company successfully raised ₹36.89 crore through its maiden share sale, which closed for subscription on January 2. READ MORE

3:02 PM

Stock Market LIVE Updates: 3 PM market update

Stock Market LIVE Updates: Around 3 PM, Sensex was at 85,041.37, down 398.25 points or 0.47 per cent and Nifty quoted 26,179.30, down 71.75 points or 0.27 per cent. 
 

2:49 PM

Stock Market LIVE Updates: ITC tanks 15% in 4 days, hits 33-month low

Stock Market LIVE Updates: ITC share price hit a 33-month low of ₹342.60, falling 2 per cent on the BSE in Tuesday's intraday deal. The stock is quoting at its lowest level since April 2023. In the past four trading days, ITC stock price has tanked 15 per cent after the government announced a significant tax hike on cigarettes. READ MORE

2:42 PM

Stock Market LIVE Updates: SC grants bail to Amtek Group ex-chairperson in ED case

Stock Market LIVE Updates: The Supreme Court on Tuesday granted bail to former Amtek Group chairperson Arvind Dham in a money laundering case related to ₹27,000 crore bank fraud. A bench of Justices Sanjay Kumar and Alok Aradhe set aside a Delhi High Court order which had denied bail to him. READ MORE

2:30 PM

Stock Market LIVE Updates: India's Russian oil imports in Jan may fall as RIL expects no deliveries

Stock Market LIVE Updates: Reliance Industries said on Tuesday it is not expecting any Russian crude oil deliveries in January, a move that could sharply cut India's Russian ‍oil imports during the month to the ​lowest in years.
 
The statement by Reliance, operator of the world's largest refining complex and the biggest Indian buyer of Russian crude last year, came after US President Donald Trump on Sunday warned that the US could further raise import tariffs on India over its Russian oil purchases. READ MORE 

2:23 PM

Stock Market LIVE Updates: Mixed Q3 seen for building materials; wood panels to lead: Elara Capital

Stock Market LIVE Updates: A mixed demand environment is expected to persist across the building materials sector in the December quarter (Q3FY26), with overall demand remaining soft even as select companies report strong volume growth and market share gains, according to Elara Capital. Performance across segments is likely to diverge, driven by company-specific strategies and category-level dynamics. READ MORE 

2:11 PM

Stock Market LIVE Updates: Fada Dec data

Stock Market LIVE Updates: Auto retail data stood at 2,81,61,228 units, up 7.71 per cent Y-o-Y. 

Category-wise, 2W grew 7.24 per cent, PV rose 9.7 per cent, CV expanded 6.71 per cent, and Tractors posted 11.52 per cent. Importantly, the year saw broad-based participation—urban retail grew 8.20% and rural 7.31 per cent—and within PVs, rural demand was a standout, growing 12.31 per cent versus 8.08 per cent in urban markets, underlining the strengthening spread of personal mobility beyond metros. 

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First Published: Jan 06 2026 | 7:11 AM IST