Equity indices commenced the week on a down note on Monday, with the main IT stocks taking the lead in the early trading fall.

The BSE Sensex put up a fight but eventually gave in to the bears, and as a consequence, lost 125.96 points at 85,636.05. The NSE Nifty 50 followed suit and ended the day with a loss of 30.95 points at 26,297.60.

Of the 30 stocks that were included in the Sensex, HCL Tech, Infosys, and Tech Mahindra were the most productive ones. Conversely, among the losing stocks, Bharat Electronics, Tata Steel, Axis Bank, and Reliance Industries were some of the companies that enjoyed a little bit of gain.

Data on trading showed that on the first Friday of the year (January 2), foreign institutional investors (FIIs) ended up with a buy of shares worth a net of ₹289.80 crore in the Indian stock market, while domestic institutional investors (DIIs) were net buyers of ₹677.38 crore in stocks.

“The year 2026 has started with the most significant geopolitical issues that may have a long-term impact.” The U.S. policy towards Venezuela may be a significant factor in global stability,” said V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd.

South Korea’s Kospi, Japan’s Nikkei 225, and Shanghai’s SSE Composite are in the gaining mode as far as Asian markets are concerned, while Hong Kong’s Hang Seng has slightly retreated. U.S. markets were mostly up on Friday.

There was a very small dip of 0.08% in Brent crude price bringing it down to $60.70 per barrel.

By the way, the Sensex on Friday had surpassed the 85,762.01 mark following an increase of 573.41 points (0.67%), while the Nifty had gone up by 182 points (0.70%) to settle at 26,328.55.