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Taking Stock: Nifty closes below 25,600, Sensex falls over 300 pts; realty, media stocks worst hit

Except FMCG, all other sectoral indices ended in the red

January 19, 2026 / 16:12 IST
Market Today
Snapshot AI
  • Nifty fell below 25,500 intraday as weak global cues triggered profit booking
  • Sensex closed down 324 points; FMCG and auto stocks helped benchmarks recover
  • Bharat Coking Coal shares fell 10% after a strong premium listing.

Indian equities began the week on a subdued note, with the Nifty falling below 25,500 intraday as weak global cues triggered broad-based profit booking. The renewed concerns over a potential global trade war and mixed earnings weighed on sentiment. However, select buying in FMCG and auto stocks provided support, helping the benchmarks recover 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.

The BSE Midcap index declined in line with the benchmark indices, falling 0.4 percent, while the Smallcap index underperformed, dropping 1.3 percent.

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Wipro, Eternal, Tata Motors Passenger Vehicles and Max Healthcare were among the top Nifty losers, while InterGlobe Aviation, Tech Mahindra, Kotak Mahindra Bank, HUL and Maruti Suzuki featured among the top gainers.

Except FMCG, all other sectoral indices ended in the red with media, Oil & Gas, Realty down 1.5-2 percent.

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In stocks, Hindustan Zinc shares rose 3% as March silver contract hits fresh record high, CG Power shares added 4% on winning Rs 900 crore US data centre order, Indosolar shares slipped 4% despite strong Q3 earnings, Wipro shares crashed 8% on weak Q3 guidance, RBL Bank shares fell 7% post Q3 earnings, Tech Mahindra shares added 3%, while ICICI Bank shares shed 2% on Q3 earnings.

IndexPricesChangeChange%
Sensex75,483.94-550.48 -0.72%
Nifty 5023,455.35-183.80 -0.78%
Nifty Bank54,475.45-625.50 -1.14%
Nifty 50 23,455.35 -183.80 (-0.78%)
Fri, Mar 13, 2026
Biggest GainerPricesChangeChange%
HUL2,166.4029.50 +1.38%
Biggest LoserPricesChangeChange%
Hindalco936.70-33.05 -3.41%
Best SectorPricesChangeChange%
Nifty FMCG48466.55277.40 +0.58%
Worst SectorPricesChangeChange%
Nifty Metal11557.60-306.30 -2.58%

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More than 420 stocks hit 52-week low including Godrej Properties, Indegene, Tejas Networks, SignatureGlobal, Brigade Enterprises, Newgen Software, Poly Medicure, Action Constion, Vedant Fashions, Sheela Foam, Bata India, Zee Entertainment, Bajaj Housing, AWL Agri, Afcons Infra, Aditya Birla Fashion, C. E. Info Systems, among others. Click to View More

New Listing

Bharat Coking Coal shares ended 10 percent lower at Rs 40.66 after got listed with a premium of more than 95 percent at Rs 45 per share on the National Stock Exchange (NSE), following a massive subscription of 147 times between January 9-13 in the primary market.

Outlook for January 20

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices corrected sharply. The Nifty ends 109 points lower, while the Sensex was down by 324 points. Among sectors, the Reality Index lost the most, shed over 2 percent, whereas despite weak market sentiment, some buying interest was seen in selective FMCG stocks. Technically, after an early morning intraday selloff, the market took support near 25,500/82900 and trimmed some losses. However, the short-term market texture remains weak. On daily charts, it has formed a bearish candle, and on intraday charts, it is holding a weak formation, which is largely negative.

We are of the view that the current market texture is weak, but a fresh selloff is possible only if 25,500/82900 is dismissed. Below this level, the market could slip to 25,400-25,350/82600-82500. On the flip side, above 25,650/83500, a pullback move could extend till 25,750-25,800/83800-84000. The intraday market texture is volatile and non-directional; hence, level-based trading would be the ideal strategy for day traders.

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty remained under bearish control, with the index sustaining below the 20 EMA throughout the session. Intraday volatility persisted, and every rise was sold into.

The RSI continued in a bearish crossover and trended lower as the index closed at a multi-day low.

Market fear remained elevated, as reflected by a spike in India VIX. In the near term, the index may continue to drift lower, with a potential downside target around 25,200, while resistance is placed near 25,700.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.

Rakesh Patil
first published: Jan 19, 2026 04:05 pm

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