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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

Nifty and Sensex ended lower for the second straight session

Stock Market Highlights on Tuesday, January 06, 2026: Indian benchmark equity indices fell for a second straight session on Tuesday, led by a decline in the shares of heavyweight stocks such as Reliance Industries (RIL) and Trent.

At market close, the Nifty 50 index closed at 26,178.70, lower by 71.6 points or 0.27 per cent, while the Sensex index ended at 85,063.34, down 376.28 points or 0.44 per cent.

RIL shares saw their steepest intraday fall in over eight months, falling over 4 per cent amid reports that CLSA dropped the stock from its India model portfolio. Meanwhile, shares of Tata Group’s retail arm, Trent, dropped 9 per cent following its third-quarter business update.

Trent, Reliance Industries, Kotak Mahindra Bank, ITC, and HDFC Bank were the top losers in the BSE Sensex index. ICICI Bank, Sun Pharma, HUL, SBI, and TCS were the top gainers in the index.

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. Sector-wise, the NSE Nifty Oil and Gas was the biggest laggard, down 1.75 per cent, followed by Nifty Media and Nifty Chemicals. On the flipside, Nifty Healthcare and Pharma were among the top gainers.

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

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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.

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