Post-Market Report: Indian Equities Close Lower Amid Profit Booking and Tariff Concerns
Published: 2026-01-13 17:00 IST | Category: Markets | Author: Abhi
Market Performance Today
Indian equity markets witnessed a mixed trading session on Tuesday, January 13, 2026, ultimately closing in negative territory after an initial positive opening. The BSE Sensex closed at 83,627.69, registering a decline of 250.48 points or 0.30%. Similarly, the NSE Nifty 50 ended lower by 57.95 points, or 0.22%, settling at 25,732.30. The day saw significant intraday volatility, with the Sensex tumbling over 900 points from its day's peak and the Nifty sliding more than 1% at one point.
Top Movers (Sectors and Stocks)
While the frontline indices declined, certain sectors and stocks showed resilience.
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Sectors that Outperformed/Gained:
- Nifty IT gained 0.65%, closing at 38,236.55.
- Nifty Bank closed up 0.22% at 59,578.80.
- Nifty PSU Bank rose 0.78% and Media gained 0.76%.
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Sectors that Dragged:
- Consumer Durables (down 0.89%)
- Realty (down 0.62%)
- FMCG, Metals, and Energy sectors also faced profit booking.
- Pharmaceuticals, Healthcare, Technology, and Auto stocks were broadly in the red.
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Top Gainers (Nifty/Sensex):
- ONGC (+3.30%)
- Eternal (+3.17%)
- ICICI Bank (+1.66%)
- Tech Mahindra (+1.49%)
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Top Losers (Nifty/Sensex):
- Trent (-3.74%)
- Larsen & Toubro (L&T) (-3.18%)
- Dr. Reddy's Laboratories (-1.99%)
- IndiGo
- Reliance Industries
Key Drivers of Today's Market
Several factors contributed to the cautious sentiment and downward movement in the Indian markets today:
- Profit Booking: After a recent rally, investors engaged in profit booking, particularly in select heavyweight stocks across various sectors.
- US Tariff Concerns: Renewed concerns over US tariffs, specifically President Donald Trump's threat of a 25% tariff on countries trading with Iran, weighed heavily on investor sentiment.
- Foreign Institutional Investor (FII) Outflows: Foreign Institutional Investors continued their selling streak, offloading equities worth Rs 3,638.40 crore on January 12, 2026, adding pressure to the market.
- Rising Crude Oil Prices: Increased crude oil prices, fueled by tensions between the US and Iran, negatively impacted market sentiment for India, a major oil importer.
- Rupee Weakness: The Indian rupee's depreciation further dampened investor confidence.
- Mixed Q3 Earnings: The initial phase of the Q3 earnings season presented a mixed picture, contributing to investor caution.
- Global Cues and Geopolitical Concerns: Cautious global market sentiment and broader geopolitical developments also played a role in the subdued performance.
Broader Market Performance
The broader market presented a mixed picture. While the S&P BSE Midcap index declined by 0.16%, the S&P BSE Smallcap index showed strength, rising by 0.46%. This divergence suggests selective buying and a phase of consolidation rather than broad-based weakness.
TAGS: Post-Market, Stock Market, Nifty, Sensex, Market Analysis
Tags: Post-Market Stock Market Nifty Sensex Market Analysis