HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Post Session: Quick Review
Jan-07-2026

Indian equity benchmarks extended their losses for a third consecutive session on Wednesday, as profit booking continued at higher levels. Markets made a negative start and traded around the flat line amid rising geopolitical tensions between the US and Venezuela, as well as between China and Japan over escalating issues related to Taiwan. In the afternoon session, markets magnified losses and remained under pressure throughout the day, with most sectors witnessing broad-based selling. 

Some of the important factors in trade:

Sustained foreign fund outflows: Sentiments remained downbeat as Foreign institutional investors offloaded equities worth Rs 107.63 crore on Tuesday, according to exchange data. 

India sees Luxembourg as key partner: Traders took note of the External Affairs Minister S Jaishankar said that India views Luxembourg as a 'very important' partner, and the two countries can enhance bilateral cooperation in various fields, including fintech, space, and AI.

Ind-Ra predicts FY27 GDP growth at 6.9% supported by tax cuts: Traders overlooked India Ratings & Research (Ind-Ra) in its latest report has said that India’s Gross Domestic Product (GDP) is likely to grow by 6.9 per cent in the next financial year (FY27). 

Global front: European markets were trading mostly in red ahead of the release of flash inflation data from the euro area. Asian equity markets were trading mixed as tensions between China and Japan escalated, and weak U.S. data spurred hopes for more rate cuts. 

The BSE Sensex ended at 84961.14, down by 102.20 points or 0.12% after trading in a range of 84617.49 and 85075.99. There were 13 stocks advancing against 17 stocks declining on the index. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 0.47%, while Small cap index up by 0.12%. (Provisional)

The top gaining sectoral indices on the BSE were IT up by 1.97%, Consumer Durables up by 1.25%, TECK up by 0.93%, Healthcare up by 0.42% and Capital Goods up by 0.41%, while Utilities down by 0.80%, Oil & Gas down by 0.76%, Auto down by 0.68%, Telecom down by 0.61% and Energy down by 0.40% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Titan Company up by 3.96%, HCL Technologies up by 2.17%, Tech Mahindra up by 1.80%, Infosys up by 1.75% and Sun Pharma up by 1.30%. On the flip side, Maruti Suzuki down by 2.78%, Power Grid Corp down by 1.66%, Hindustan Unilever down by 1.50%, Tata Steel down by 1.34% and Asian Paints down by 1.34% were the top losers. (Provisional)

Meanwhile, with a view to guard domestic players from cheap imports from the neighbouring country, the Commerce Ministry's arm, the Directorate General of Trade Remedies (DGTR), has started an anti-dumping probe into imports of nylon chips and granules -- used in the textiles industry, from China and Russia. The probe follows allegations from Gujarat Polyfilms, a domestic manufacturer. The company has alleged that the dumping of Nylon 6 Chips and Granules with relative viscosity (RV) below 3 is impacting the domestic industry. 

DGTR said that the directorate has prima facie found sufficient evidence of dumping from these countries. The authority, hereby, initiates an anti-dumping investigation. If it is established that the dumping has caused material injury to the domestic player, the DGTR would recommend imposing a levy on imports. The finance ministry takes the final decision on imposing the duty.

Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports. As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organisation (WTO). The duty is aimed at ensuring fair trading practices and creating a level playing field for domestic producers vis-a-vis foreign producers and exporters. India has already imposed anti-dumping duties on several products to tackle cheap imports from various countries, including China.

The CNX Nifty ended at 26140.75, down by 37.95 points or 0.14% after trading in a range of 26067.90 and 26187.15. There were 20 stocks advancing against 30 stocks declining on the index. (Provisional)

The top gainers on Nifty were Titan Company up by 3.87%, HCL Technologies up by 2.36%, Wipro up by 1.79%, Infosys up by 1.72% and JIO Financial Services up by 1.66%. On the flip side, Cipla down by 4.11%, Maruti Suzuki down by 2.79%, Power Grid Corp down by 1.66%, Tata Motors Passenger down by 1.60% and Max Healthcare Inst down by 1.59% were the top losers. (Provisional)

European markets were trading mostly in red; UK’s FTSE 100 decreased 54.53 points or 0.54% to 10,068.20 and France’s CAC fell 7.03 points or 0.09% to 8,230.40, while Germany’s DAX gained 232.6 points or 0.93% to 25,124.80.

Asian markets settled mostly higher on Wednesday tracking Wall Street’s fresh records overnight on tech gains and as weak US data spurred hopes for more interest rate cuts. Data showed that the US service sector expanded at the weakest pace of growth since April, with the S&P Global US Services PMI Business Activity Index slipping to 52.5 in December from 54.1 in November. Meanwhile, investors continued to shrug off worries about the US attack on Venezuela over the weekend and looked ahead to the release of key US economic data this week that could influence the Federal Reserve's interest rate trajectory. China's Shanghai Composite ended marginally higher amid optimism over China’s progress in artificial intelligence and other advanced technologies. However, Japan’s Nikkei dropped as the ongoing geopolitical tensions between China and Japan escalated after China imposed export controls on military-use products to Japan following remarks made by PM Sanae Takaichi on Taiwan last year.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,085.77

2.11

0.05

Hang Seng

26,458.95

-251.50

-0.94

Jakarta Composite

8,944.81

11.20

0.13

KLSE Composite

1,676.83

4.48

0.27

Nikkei 225

51,961.98

-556.10

-1.06

Straits Times

4,747.62

7.65

0.16

KOSPI Composite

4,551.06

25.58

0.57

Taiwan Weighted

30,435.47

-140.83

-0.46

  RELATED NEWS >>