Sensex Tumbled ~600 Points Amid Heightened Selling Caused by Geopolitical Tensions

Indian equity markets opened sharply lower on Monday, pressured by heavy selling in key stocks such as Reliance Industries (RIL), ICICI Bank, Wipro, Tata Motors PV, and Cipla.

The BSE Sensex opened at 83,494.49, down 464.84 points or 0.56%, and later dipped to around 82,950, losing 620 points or 0.74%. The NSE Nifty50 also declined, opening at 25,653.10, down 112.40 points (0.44%), and trading near 25,507, down 187 points (0.73%).

Investor sentiment was further weighed down globally after US President Donald Trump threatened to impose taxes on European countries in response to their opposition to his plans to acquire Greenland.

The India VIX, a key gauge of market fear, surged over 5% on the NSE, signalling elevated caution among investors.

Key Movers on Indian Stock Market

Among individual movers, Wipro shares plummeted over 9% after the IT giant reported a 7% YoY decline in its Q3 consolidated profit to ₹3,119 crore. Its Q4 guidance of 0–2% QoQ constant currency growth also fell short of analyst expectations, reflecting ongoing demand weakness, fewer working days, and delayed deal ramps.

Also Read: Bank Nifty Slips Over 400 Points on Jan 19; RBI Lending Observations and Global Cues Drag

Bharat Coking Coal Listing

In a bright spot, Bharat Coking Coal, the country’s leading coking coal miner, made a stellar debut on the bourses, listing at ₹45, nearly 100% above its IPO price. The company’s IPO, which attracted bids worth $13 billion, emerged as one of the most heavily subscribed state-run offerings in recent years.

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