Markets staged a recovery in afternoon trade on Monday, erasing opening losses as metal and banking stocks gained traction, though broader indices remained under pressure amid continued foreign institutional investor selling and global uncertainty.
The BSE Sensex traded at 83,583.41, up 7.17 points or 0.01 per cent from its previous close of 83,576.24, after opening lower at 83,435.31. The NSE Nifty 50 stood at 25,704.30, gaining 21 points or 0.08 per cent from its previous close of 25,683.30, having opened at 25,669.05.
The recovery came after markets opened sharply lower, extending losses from the previous week when the Sensex dropped 2,185 points and the Nifty declined 2.37 per cent. US President Donald Trump’s warning of steep tariffs, including threats of 500 per cent duties on countries buying Russian oil, combined with geopolitical tensions, had triggered risk-off positioning across emerging markets.
On the Nifty 50, Coal India led gainers with a 2.90 per cent rise to ₹430.50, followed by Hindalco up 1.73 per cent at ₹916.55, Tata Steel gaining 1.69 per cent to ₹181.41, Asian Paints advancing 1.67 per cent to ₹2,872.80 and Trent up 1.59 per cent at ₹4,036.00.
On the losing side, Eicher Motors declined 1.57 per cent to ₹7,389.50, Bajaj Finance fell 1.31 per cent to ₹947.00, TMPV dropped 1.12 per cent to ₹350.20, Titan slipped 0.93 per cent to ₹4,162.90 and Infosys declined 0.92 per cent to ₹1,599.20.
Sectoral performance was mixed, with Nifty Bank gaining 199.35 points or 0.34 per cent to 59,441.95 and Nifty Financial Services rising 116.70 points or 0.43 per cent to 27,495.70. However, Nifty Midcap 100 fell 305.30 points or 0.51 per cent to 59,442.85, Nifty Smallcap 100 dropped 165.95 points or 0.96 per cent to 17,115.20 and Nifty Next 50 declined 193.05 points or 0.28 per cent to 68,299.15.
Market breadth remained weak, with 2,948 stocks declining against 1,235 advances on the BSE, while 506 stocks hit 52-week lows compared to 75 at 52-week highs. Foreign investors sold equities worth ₹3,367 crore on January 9, taking total January outflows to ₹8,807.8 crore, though domestic institutional buying of ₹3,701 crore provided support.
Published on January 12, 2026
