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Home / Markets / News / Stock Market Close: Nifty slips for 3rd day; Sensex down 102 pts; Auto, OMCs drag; IT outperforms
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Stock Market Close: Nifty slips for 3rd day; Sensex down 102 pts; Auto, OMCs drag; IT outperforms

Sensex Today | Stock Market Highlights on January 7, 2026: The broader markets outperformed the frontline pack as the Nifty Midcap 100 and the Nifty Smallcap 100 were up 0.4 per cent each

Image SI Reporter New Delhi
Stock Market LIVE, January 7, 2026

Nifty and Sensex ended lower for the third straight session

Sensex today | Stock Market Highlights today, Wednesday, January 7, 2026: Indian equity market indices closed lower for a third straight session on Wednesday, as geopolitical tensions kept investors cautious and losses in automobile and oil marketing company stocks weighed on sentiment.
 
At market close, Sensex was at 84,961.14, down 102.20 points or 0.12 per cent, and NSE Nifty50 was at 26,140.75, down 37.95 points or 0.14 per cent. 
 
Meanwhile, Morgan Stanley, under its base case, has set a BSE Sensex target of 95,000, implying an upside potential of 13 per cent through December 2026. In its bull case, Morgan Stanley set a target of 107,000, an upside of about 25 per cent. 
 
Maruti Suzuki, Tata Motors PV, Power Grid, HUL, Asian Paints and Tata Steel fell the most in the BSE Sensex index on Wednesday. Titan Co., HCL Tech, Infosys, TechM and Sun Pharma were the top gainers. 
The broader markets outperformed the frontline pack.The Nifty Midcap 100 and the Nifty Smallcap 100 closed 0.45 per cent and 0.39 per cent higher, respectively. 
 
Sector-wise, the Nifty Auto and the Nifty Oil and Gas declined the most, while the Nifty Consumer Durables and the Nifty IT led gains, rising 1.87 per cent. 
 
3:52 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty 50 traded lower during the session, extending profit-booking pressure and touching an intraday low of 26,068. However, the index recovered from lower levels to close above the 26,100 mark, indicating the presence of underlying buying interest. The 26,050 zone continues to serve as immediate support, while the psychologically important 26,000 level has emerged as a strong demand area, helping preserve the broader bullish structure. Key moving averages remain intact, signalling that the primary trend continues to be supportive.

Momentum indicators are neutral, with the RSI hovering around 54, pointing to short-term indecision rather than a trend reversal. A sustained move above 26,300 would be required to reinvigorate upside momentum toward the 26,500 level, while a decisive break below 26,000 could trigger a short-term corrective phase toward the 25,900–25,800 zone.  

View by: Ponmudi R, CEO of Enrich Money.
3:48 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Domestic market sentiment remains cautious with risk-off undertones ahead of Q3FY26 earnings and key US jobs data. While Q-o-Q corporate earnings are expected to improve, FIIs remain risk-averse amid global trade uncertainty.  Profit-booking in autos and financials weighs indices, though selective buying in IT, pharma, and mid-caps did provide some cushion.

Adding to global complexity, China’s export curbs on rare earth heighten supply chain risks. In this macro backdrop, equities are likely to stay range-bound; a “buy-on-dips” strategy focused on large-cap themes appears prudent.

View by: Vinod Nair, head of research, Geojit Investments.
3:40 PM

Stock Market LIVE Updates: Sector check

Stock Market LIVE Updates: Nifty IT and Consumer Durable ended over 1 per cent higher. 


3:39 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: BSE Midcap and Smallcap closed 0.47 per cent and 0.12 per cent, respectively. 

 
3:38 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Maruti Suzuki, HUL, Power Grid were among the top laggards on BSE. 


3:36 PM

Stock Market LIVE Updates: Nifty settles at 26,141

Stock Market LIVE Updates: NSE Nifty50 settled at 26,140.75, down 37.95 points or 0.14 per cent.


3:35 PM

Stock Market LIVE Updates: Sensex closes at 84,961, lower by 102 pts

Stock Market LIVE Updates: BSE Sensex settled at 84,961.14, down 102.2 points or 0.12 per cent.


3:21 PM

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3:07 PM

Stock Market LIVE Updates: DMart surges 5%, logs sharpest intra-day rally in 5 months

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3:00 PM

Stock Market LIVE Updates: 3 PM market update

Stock Market LIVE Updates: Around 3 PM, Sensex was at 84,851.83, down 211.51 points or 0.25 per cent and NSE Nifty50 quoted 26,130.80, down 46.10 points or 0.18 per cent. 

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First Published: Jan 07 2026 | 7:18 AM IST

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