Sectoral indices also traded in the red, with the Nifty Bank falling 296.85 points or 0.49 per cent to 59,798.30.
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Benchmark indices deepened their losses in afternoon trade on Monday, weighed down by continued selling pressure in key sectors amid lingering concerns over global trade tensions and sustained foreign fund outflows.
The Sensex was trading at 83,038.96, down 531.39 points or 0.64 per cent from its previous close of 83,570.35. The index had opened at 83,494.49. The Nifty stood at 25,524.60, lower by 169.75 points or 0.66 per cent from its previous close of 25,694.35, having opened at 25,653.10.
Market breadth remained weak, with declines outnumbering advances 2,920 to 1,164 on the BSE, where 4,297 stocks were traded. As many as 346 stocks touched their 52-week lows compared to 86 that hit 52-week highs. A total of 203 stocks were locked in lower circuit while 163 hit upper circuit.
Tech Mahindra emerged as the top gainer on the Nifty, rising 3.68 per cent to ₹1,732.00. InterGlobe Aviation gained 3.34 per cent to ₹4,898.50, while Kotak Mahindra Bank added 2.32 per cent to ₹427.90. Bajaj Finance advanced 2.06 per cent to ₹969.85 and Shriram Finance climbed 1.67 per cent to ₹1,012.10.
On the losing side, Wipro slumped 7.07 per cent to ₹248.55, making it the biggest laggard on the index. Reliance Industries fell 3.61 per cent to ₹1,405.30, while Tata Motors Passenger Vehicles declined 2.93 per cent to ₹343.25. ICICI Bank shed 2.86 per cent to ₹1,370.40 and Eicher Motors dropped 2.75 per cent to ₹279.80.
Sectoral indices also traded in the red, with the Nifty Bank falling 296.85 points or 0.49 per cent to 59,798.30. The Nifty Midcap 100 was down 352.10 points or 0.59 per cent at 59,538.20, while the Nifty Smallcap 100 declined 141.30 points or 0.81 per cent to 17,225.50.
The Nifty Financial Services slipped 43.55 points or 0.16 per cent to 27,468.85, while the Nifty Next 50 fell 162.55 points or 0.24 per cent to 68,695.35.
Trading sentiment remained fragile following fresh tariff threats from US President Donald Trump against European nations, which heightened uncertainty over global economic growth prospects.
Published on January 19, 2026
