Nifty below 25,600, Sensex falls 324 pts amid weak global cues

The domestic share market indices traded on a negative note on Monday amid weak global cues and broad-based profit-taking. Concerns over a potential global trade war and mixed earnings kept sentiment subdued, though buying in FMCG and auto stocks helped indices pare losses from the day’s lows.At close, the Sensex was down 324.17 points or 0.39 percent at 83,246.18, and the Nifty was down 108.85 points or 0.42 percent at 25,585.50. About 1122 shares advanced, 2795 shares declined, and 169 shares unchanged.
Interglobe Aviation, Tech Mahindra, Kotak Mahindra Bank, HUL, Maruti Suzuki were the top gainers on the Nifty, while losers included Wipro, Eternal, Reliance Industries, Tata Motors Passenger Vehicles, Max Healthcare.On the sectoral front,except FMCG, all other sectoral indices ended in the red with media, Oil & Gas, Realty down 1.5-2 percent.The BSE midcap index shed 0.4 percent and smallcap index declined 1.2 percent.
Rupee Close:
On 19 Jan'26,the Indian rupee breached the 91 a dollar mark for the second time in a month before ending 14 paise down at 90.92 against the greenback on Monday, as renewed concerns over global trade uncertainties accelerated foreign fund withdrawal.Despite weak American currency and lower crude oil prices, selling pressure in domestic equities pushed the Indian currency downward, forex analysts said.Investors were also concerned after US President Donald Trump announced tariffs on European countries if they resisted his plan to control Greenland.
Trading Guide:
Vinod Nair, Head of Research, Geojit Investments stated,global risk appetite weakened after US President Donald Trump announced new tariff threats against eight European nations, reigniting concerns of a potential US–EU trade dispute. This development triggered a broad risk off mood across global equity markets, prompting investors to rotate toward safe haven assets like gold. Meanwhile, select Asian markets, especially China, displayed relative resilience, supported by favourable macro indicators and stronger than expected export driven GDP growth. Domestically, sentiment remains cautious amid ongoing FII outflows. With the Q3 earnings season progressing, stock specific volatility is likely, particularly where performance has been mixed. Overall, given the blend of global uncertainty and domestic triggers, markets are expected to remain in a consolidation zone.
Market experts recommended five shares to buy on Monday-UPL, Tech Mahindra, BoB, JSW Steel, Grasim

(Business Correspondent)