Market slides for 4th session, Nifty below 25,900,Sensex at 780 pts

The domestic share market traded lower for the fouth consecutive day on Thursday,weighed down by broad-based selling across sectors, persistent foreign institutional investor (FII) outflows, concerns over potential US tariffs, and rising geopolitical tensions.At close, the Sensex was down 780.18 points or 0.92 percent at 84,180.96, and the Nifty was down 263.90 points or 1.01 percent at 25,876.85. About 974 shares advanced, 2870 shares declined, and 137 shares unchanged.
ICICI Bank, Eternal, SBI Life Insurance, Bharat Electronics were the top gainers on the Nifty, while losers included Hindalco Industries, ONGC, Jio Financial, Wipro, Tech Mahindra.On the sectoral front, all the sectoral indices ended lower with metal, oil & gas power, PSU Bank, capital goods shed 2-3 percent.BSE Midcap and smallcap indices fell 2% each.
Rupee Close:
On 8 Jan'26,the Indian rupee ended 14 paise lower to close at 90.02 against the US dollar on Thursday as a fresh, surprise intervention by the Reserve ​Bank of India was outweighed by tariff worries ‌and equity outflows.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated, domestic markets extended losses as sentiment turned cautious amid renewed concerns over US tariffs and persistent FII outflows, overshadowing optimism around earnings growth. Broad-based selling was led by metals, oil & gas, and IT stocks. Metal shares declined on profit booking following a retreat in global prices, while oil & gas stocks fell on worries over the Venezuela–US crisis.Meanwhile, India’s first advance FY26 GDP estimate signals robust growth, driven by a manufacturing rebound and resilient services, offering some optimism despite external headwinds. In the near term, markets are expected to remain cautious and trade range-bound, influenced by Q3 earnings and developments on US tariffs.
Market experts recommended to buy five shares on Thursday- Godrej Industries, Cyient, Delhivery, Hyundai Motor, and Kalyan Jewellers India.

(Business Correspondent)