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Stock Market Updates: Sensex Down 400 Points, Nifty Below 25,700; SMIDs Trade Mixed
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Indian benchmark indices, BSE Sensex and NSE Nifty, were higher at the open as investors have their eyes peeled for the US-India trade talks
Stock Market Today
Sensex Today: Indian benchmark indices — the BSE Sensex and NSE Nifty — extended their decline on Tuesday as investors stayed cautious ahead of the much-awaited US–India trade talks. On Monday, US Ambassador to India Sergio Gor had said that the two countries would engage in discussions today.
At 1:00 PM, the Sensex was trading at 83,428, down 450 points or 0.54 per cent, while the Nifty 50 slipped 128 points, or 0.50 per cent, to 25,661.
Eternal, Tech Mahindra, SBI, BEL, HDFC Bank, Maruti Suzuki, HUL, Titan Company, ICICI Bank, ITC and Axis Bank were among the top gainers, rising up to 3 per cent.
On the other hand, L&T, Reliance Industries, Tata Steel, M&M, Trent, TCS, IndiGo, Bharti Airtel and Sun Pharma were trading in the red.
In the broader market, the Nifty Midcap index declined 0.76 per cent, while the Nifty Smallcap index bucked the trend to trade 0.24 per cent higher.
Among sectoral indices, Nifty Media, IT and select financial stocks led the gains. However, most other sectors were under pressure, with Nifty Realty, Pharma and Consumer Durables emerging as the top laggards, each down over 1 per cent.
Global Cues
Asian markets were trading in the green as investors looked past geopolitical tensions in Iran and Venezuela, as well as the criminal investigation into US Federal Reserve Chair Jerome Powell. Mainland China’s CSI 300 gained 0.54 per cent, Hong Kong’s Hang Seng advanced 1.32 per cent, and South Korea’s KOSPI rose 1.04 per cent.
Japan’s Nikkei surged 3.22 per cent amid reports that the ruling Liberal Democratic Party may dissolve the Lower House this month for a snap election in February.
On Wall Street, the S&P 500 and the Dow Jones closed at fresh record highs overnight. The S&P 500 edged up 0.16 per cent, the Dow gained 0.17 per cent, and the Nasdaq climbed 0.26 per cent. Investors are now awaiting the US Consumer Price Index (CPI) for December, scheduled for release later today.
Separately, US President Donald Trump stated on Monday evening that any country doing business with Iran will face a 25 per cent US tariff.
January 13, 2026, 09:02 IST
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