-750x393.webp)
Indian equity markets ended lower on January 9, 2026, with NIFTY 50 settling at 25,683.30, a decline of 193.55 points or 0.75%. The benchmark index remained under pressure throughout the session amid widespread selling in banking, power, and infrastructure stocks.
Select stocks such as Asian Paints and ONGC closed higher despite the overall weak market tone. Adani Enterprises, NTPC, and ICICI Bank were among the major stocks that dragged the index down.
NIFTY 50 opened lower and continued to trade in negative territory for most of the day. Losses in heavyweight stocks weighed on the index, limiting any recovery attempts.
Asian Paints emerged as the top gainer with a rise of 1.88%, providing limited support to the benchmark. On the downside, Adani Enterprises declined 2.59%, marking the steepest fall among index constituents.
| Company | Open | High | Low | Previous Close | LTP | % Change |
| Asian Paints | 2,789.90 | 2,856.70 | 2,786.20 | 2,786.50 | 2,838.90 | 1.88 |
| ONGC | 232.29 | 238.25 | 232.00 | 231.42 | 234.10 | 1.16 |
| HCL Technologies | 1,647.10 | 1,675.00 | 1,647.10 | 1,646.70 | 1,662.10 | 0.94 |
| Bharat Electronics | 417.00 | 424.55 | 415.85 | 415.65 | 417.95 | 0.55 |
| Dr Reddy’s Laboratories | 1,207.00 | 1,216.40 | 1,203.60 | 1,206.90 | 1,212.90 | 0.50 |
| Company | Open | High | Low | Previous Close | LTP | % Change |
| Adani Enterprises | 2,214.10 | 2,216.00 | 2,145.00 | 2,214.00 | 2,156.60 | -2.59 |
| NTPC | 344.40 | 344.40 | 334.40 | 344.40 | 336.50 | -2.29 |
| Adani Ports and SEZ | 1,463.00 | 1,463.00 | 1,431.00 | 1,465.20 | 1,434.40 | -2.10 |
| ICICI Bank | 1,427.10 | 1,429.50 | 1,401.50 | 1,435.00 | 1,405.00 | -2.09 |
| Jio Financial Services | 292.00 | 294.60 | 286.15 | 293.55 | 287.55 | -2.04 |
Sectoral indices showed broad-based weakness during the session, with banking and power stocks under pressure. Declines in ICICI Bank and NTPC weighed on financial and utility indices, respectively.
Infrastructure-related stocks also faced selling pressure, led by losses in Adani group companies. FMCG stocks provided limited support to the market, supported by gains in Asian Paints.
Read More: NSE, IGX in Talks to Collaborate and Launch Indian Natural Gas Futures Contract.
NIFTY 50 ended lower on January 9, 2026, as losses in banking, power, and infrastructure stocks outweighed gains in FMCG and energy counters. Asian Paints and ONGC led the gainers in a weak market environment, while Adani Enterprises and NTPC were the top draggers.
Market participation remained active, with high volumes recorded in select index heavyweights. Overall, the session reflected continued selling pressure across multiple sectors.
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.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 9, 2026, 4:09 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN