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Post Session: Quick Review
Jan-06-2026

Indian equity benchmarks extended their losing streak on Tuesday amid worries over fresh warning from the US to further raise tariffs against India. Markets made negative start and continued to trade lower amid foreign institutional investors (FII) outflows. In second half of the session, indices added losses but soon managed to off their day’s lows and ended in red. Traders were cautious ahead of Q3FY26 earnings season.  

Some of the important factors in trade:

Further tariff hike by US on India may hit exports: Some concerns came as apex exporters' body Federation of Indian Export Organisations (FIEO) stated that beyond the existing 50 percent tariff, a further hike by the US, will badly hit Indian exports, particularly in traditional sectors of exports.

FIIs outflows: Foreign institutional investors (FII) offloaded equities worth Rs 36.25 crore on Monday, according to exchange data. 

India’s services sector activity eases in December: Traders took note of report that India’s services sector growth moderated in December, as the rates of expansion in incoming new work and output eased to the slowest in 11 months, and companies refrained from recruiting additional staff. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.8 in November to 58.0 in December, indicating the slowest rate of expansion since January.

Global front: European markets were trading mostly in green ahead of Germany's flash December CPI and HICP numbers. All Asian equity markets ended higher despite latest geopolitical developments involving the US and Venezuela as well as the ongoing Russia-Ukraine war.

The BSE Sensex ended at 85,063.34, down by 376.28 points or 0.44% after trading in a range of 84,900.10 and 85,397.78. There were 16 stocks advancing against 14 stocks declining on the index. (Provisional) 

The broader indices ended in red; the BSE Mid cap index declined 0.24%, while Small cap index was down by 0.39%. (Provisional)

The top gaining sectoral indices on the BSE were Healthcare up by 1.38%, Consumer Durables up by 0.43%, TECK up by 0.38%, IT up by 0.37%, Metal up by 0.27% while, Energy down by 1.71%, Oil & Gas down by 1.22%, Capital Goods down by 0.63%, Industrials down by 0.52% and Consumer Disc was down by 0.45% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were ICICI Bank up by 2.87%, Sun Pharma up by 1.73%, Hindustan Unilever up by 1.52%, SBI up by 1.33% and TCS up by 1.28%. On the flip side, Trent down by 8.62%, Reliance Industries down by 4.42%, ITC down by 2.07%, Kotak Mahindra Bank down by 2.02% and Interglobe Aviation down by 1.81% were the top losers. (Provisional)

Meanwhile, Ministry of External Affairs (MEA) has said that German Chancellor Friedrich Merz will visit India on January 12-13, 2026 and meet Prime Minister Narendra Modi in Ahmedabad to review progress in India-Germany strategic and economic ties, which completed 25 years last year. Merz’s first visit to India as chancellor is taking place as New Delhi looks to deepen economic engagement with Europe against the backdrop of Washington's punitive tariff on Indian goods. 

MEA said during meeting, both leaders are expected to focus on further intensifying cooperation in trade and investment, technology, education, skilling and mobility, while also advancing collaboration in important domains of defence and security, science, innovation and research, green and sustainable development, and people-to-people relations. The two leaders will also engage with business and industry leaders and exchange views on issues of regional and global importance. 

According to the ministry, the visit will build on the momentum generated by regular interactions at the highest political level. It will provide a valuable opportunity to reaffirm the shared vision of India and Germany to build a forward-looking partnership for the benefit of the people of both countries and the wider global community. The talks between Modi and Merz will be held under the framework of India-Germany Inter-Governmental Consultations.  

The CNX Nifty ended at 26,178.70, down by 71.60 points or 0.27% after trading in a range of 26,124.75 and 26,273.95. There were 31 stocks advancing against 19 stocks declining on the index. (Provisional)

The top gainers on Nifty were Apollo Hospital up by 3.74%, ICICI Bank up by 2.89%, HDFC Life Insurance up by 2.44%, Tata Consumer up by 2.39% and Sun Pharma up by 1.81%. On the flip side, Trent down by 8.63%, Reliance Industries down by 4.47%, ITC down by 2.07%, Kotak Mahindra Bank down by 2.03% and Interglobe Aviation down by 1.96% were the top losers. (Provisional)

European markets were trading mostly in green; UK’s FTSE 100 increased 52.83 points or 0.53% to 10,057.40 and Germany’s DAX was up by 87.71 points or 0.35% to 24,956.40. On the flip side, France’s CAC was down by 39.3 points or 0.48% to 8,172.20.

Asian markets settled mostly higher on Tuesday tracking Wall Street’s gains overnight. Meanwhile investors were awaiting a raft of key US economic data this week for clues on the monetary policy outlook. Investors shrugged off data that showed economic activity in the US manufacturing sector contracted in December for the 10th consecutive month. China's Shanghai Composite index reached its highest levels in more than a decade driven by gains in non-ferrous metals and financials. The South Korean Kospi index broke the 4,500-point mark for the first time, buoyed by gains for semiconductors, brokerages and shipbuilders. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,083.67

60.25

1.50

Hang Seng

26,710.45

363.21

1.38

Jakarta Composite

8,933.61

74.42

0.83

KLSE Composite

1,672.35

-7.97

-0.47

Nikkei 225

52,518.08

685.28

1.32

Straits Times

4,739.97

59.47

1.27

KOSPI Composite

4,525.48

67.96

1.52

Taiwan Weighted

30,576.30

471.26

1.57
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