Stock Markets Fall in Early Trade; IT Stocks Lead Decline

Investor checks stock prices outside Bombay Stock Exchange (BSE) in Mumbai. | Photo Credit: Reuters

Equity markets had a slow start on Monday, with the principal IT companies leading the decline of key indices.

During the morning session, BSE Sensex lost 125.96 points, which made its value 85,636.05 and the NSE Nifty was down 30.95 points, thus ending at 26,297.60. The indices decline was primarily attached to the fall in the shares of HCL, Infosys, Tech Mahindra, HDFC Bank, Tata Consultancy Services (TCS), and NTPC which are the stocks that constitute the Sensex.

However, Bharat Electronics, , Tata Steel Axis Bank, and Reliance Industries still enjoyed a marginal advantage, early in the day.

As per the data from the exchange, Foreign Institutional Investors (FIIs) made a purchase of ₹289.80 crore of equities on Friday, January 2, whereas Domestic Institutional Investors (DIIs) made an investment of ₹677.38 crore, all of which contributed to the market’s support.

V.K. Vijayakumar, Chief Investment Strategist at Geojit Investments Ltd, stated, “The year 2026 has started with significant geopolitical changes that may have far-reaching impacts. The latest U.S. intervention in Venezuela might contribute to the destabilization of the global geopolitical scene, and also to the risks being considered by the markets.”

Global Market Overview:

  • In Asia, the large stocks indices variety was present. Among the three major markets, Korea’s Kospi, Japan’s Nikkei 225, and the SSE Composite of Shanghai, the quoted prices were quite high, whereas the Hong Kong Hang Seng had a slight decline.
  • Most of the U.S. stock exchanges closed on a positive note on Friday.
  • The main standard Brent crude oil lost a bit of its value, falling 0.08% to $60.70 a barrel.

Previous Day’s Performance:

The markets closed the day with nice gains on Friday, January 2, 2026. The Sensex gained 573.41 points (0.67%) and hit a number of 85,762.01 at the end, the Nifty was up 182 points (0.70%) and its final value was 26,328.55.

In the early trade, Indian market fluctuations forced the investors to keep an eye on global news, crude oil prices, and FII (Foreign Institutional Investor) activity very closely.

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