Sensex, Nifty 50 Fall For Third Straight Day As Mid, Small-Caps Outperform: 10 Key Market Highlights

Indian equity benchmarks closed lower for the third consecutive session on Wednesday, January 7, amid mixed global cues and caution ahead of the Q3 earnings season.

• Sensex fell 102 points (0.12%) to close at 84,961.15
• Nifty 50 declined 72 points (0.27%) to settle at 26,178.70

In contrast, broader markets performed better, with the BSE Midcap index rising 0.47% and the Smallcap index gaining 0.12%.

Why Did The Market Fall For The Third Day?

Market sentiment remained cautious due to multiple factors. Persistent foreign institutional investor (FII) selling continued to weigh on benchmarks. Investors are also wary ahead of the Q3 earnings season, fearing that weak results could lead to further outflows.

Adding to concerns were developments on the India–US trade front, after US President Donald Trump signalled possible tariff hikes on India over Russian oil purchases.

Top Gainers In The Nifty 50

Despite the weak close, a few stocks managed strong gains:

• Titan Company: up 3.94%
• HCL Technologies: up 2.36%
• Wipro: up 1.79%

Top Losers In The Nifty 50

Selling pressure was visible in auto and pharma stocks:

• Cipla: down 4.28%
• Maruti Suzuki India: down 2.81%
• Tata Motors Passenger Vehicles: down 1.60%

Overall, 30 stocks ended in the red on the Nifty 50.

Sectoral Performance

• Nifty IT jumped 1.87%
• Consumer Durables rose 1.69%
• Nifty Pharma gained 0.69%

On the downside:

• Nifty Auto fell 0.80%
• Nifty Bank slipped 0.21%
• Financial Services index declined 0.33%

Most Active Stocks By Volume

The most traded stocks on the NSE were:

• Vodafone Idea
• YES Bank
• PC Jeweller

Mid And Small-Cap Action

Despite weak benchmarks, 15 stocks surged over 15% on the BSE, including Rollatainers, NRB Industrial Bearings, Palm Jewels and TBZ.

Also Read: Government Leans on Dividends as IDBI Bank Sale Becomes Key to FY26 Capital Receipts!

Market Breadth Remains Mixed

Out of 4,350 stocks traded on the BSE:

• 2,104 advanced
• 2,068 declined
• 178 remained unchanged

Stocks At 52-Week Highs And Lows

• 140 stocks hit fresh 52-week highs, including Titan, Vedanta, Nestlé India, SBI Life and Bajaj Auto.
• 121 stocks touched 52-week lows, including Dixon Technologies, Cohance Lifesciences and Afcons Infrastructure.

Conclusion

While the Sensex and Nifty extended their losing streak amid FII selling and earnings-related caution, the resilience in mid- and small-cap stocks offered some comfort. Market direction in the coming sessions will largely depend on Q3 earnings outcomes and global developments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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