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Capital Investo Research

9th Jan · SEBI-Registered Analyst

Sensex slides 400 points, Nifty hovers near 25,750; US tariff worries weigh on markets

Indian equity benchmarks Sensex and Nifty slipped on Friday due to continued foreign investor selling and renewed apprehensions over potential US tariff increases. The frontline indices recorded their fifth consecutive session of losses as persistent global trade tensions and overseas fund outflows dampened investor sentiment. After a brief recovery in early trading, the Sensex dropped 400.71 points, or 0.48 percent, to 83,780.25. Meanwhile, the Nifty fell 113.70 points, or 0.44 percent, to trade at 25,763.15 around 11:40 a.m. Market mood stayed guarded following the steep decline in the previous session, with ongoing uncertainty surrounding international trade policies continuing to pressure equities. Within the Nifty50 basket,

ICICIBANK
,
ADANIENT
, and
ADANIPORTS
and Special Economic Zone emerged as the top losers, shedding up to 2 percent. On the other hand, ETERNAL and Oil & Natural Gas Corporation led the gainers, climbing as much as 3 percent. Overall market breadth remained weak, with 1,349 stocks advancing, 1,959 declining, and 175 remaining unchanged. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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