Market Performance - The benchmark indices Sensex and Nifty declined for the third consecutive day due to geopolitical tensions and concerns over potential US tariff hikes [1][6] - The BSE Sensex fell by 102.20 points (0.12%) to close at 84,961.14, with an intraday drop of 445.85 points (0.52%) to 84,617.49 [3] - The NSE Nifty decreased by 37.95 points (0.14%) to settle at 26,140.75 [3] Sector Performance - Among the 30 firms in the Sensex, major laggards included Maruti, Power Grid, Tata Motors Passenger Vehicles, HDFC Bank, Asian Paints, and Tata Steel [4] - Conversely, Titan, HCL Tech, Tech Mahindra, Infosys, and Tata Consultancy Services were notable gainers [4] Investor Activity - Foreign institutional investors sold equities worth ₹107.63 crore on Tuesday, contributing to the market decline [6] - Domestic institutional investors, however, purchased stocks worth ₹1,749.35 crore, indicating a contrasting sentiment [7] Market Sentiment - The domestic market sentiment remains cautious with risk-off undertones ahead of Q3 FY26 earnings and key US jobs data [8] - Elevated geopolitical tensions and tariff-related concerns are limiting risk appetite among investors [6][8] Global Market Influence - In Asian markets, South Korea's Kospi and Shanghai's SSE Composite indices closed higher, while Japan's Nikkei 225 and Hong Kong's Hang Seng indices ended lower [8] - Brent crude oil prices decreased by 0.81% to $60.21 per barrel, which may impact related sectors [9]
Sensex down 102 points on geopolitical concerns
Rediff·2026-01-07 11:18