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Indian equity markets ended sharply lower on January 8, 2026, with NIFTY 50 settling at 25,876.85, a loss of 263.90 points or 1.01%. The benchmark index witnessed broad-based selling pressure, particularly in the public sector and metal stocks.
Despite the overall decline, select counters such as Dixon Technologies and IDFC First Bank closed higher. Market breadth remained negative as losses outweighed gains across sectors.
NIFTY 50 traded under pressure throughout the session and failed to hold early stability. The index moved lower as heavy selling emerged in PSU, metal, and power stocks.
Dixon Technologies led the gainers with an increase of 1.85%, providing limited support to the index. On the downside, BHEL recorded a steep decline of 8.78%, dragging overall market sentiment.
| Company | Open | High | Low | Prev. Close | LTP | %chng |
| Dixon Technologies | 11,780.00 | 12,055.00 | 11,708.00 | 11,770.00 | 11,988.00 | 1.85 |
| IDFC First Bank | 84.39 | 86.45 | 83.38 | 84.40 | 85.88 | 1.75 |
| Solar Industries India | 13,389.00 | 13,739.00 | 13,353.00 | 13,328.00 | 13,490.00 | 1.20 |
| Eternal (Zomato) | 280.55 | 287.40 | 279.00 | 280.95 | 283.15 | 0.78 |
| Indus Towers | 430.45 | 436.80 | 424.45 | 429.00 | 432.00 | 0.70 |
| Company | Open | High | Low | Prev. Close | LTP | %chng |
| BHEL | 303.90 | 303.90 | 261.50 | 303.55 | 276.90 | -8.78 |
| Hindustan Zinc | 623.00 | 623.45 | 588.35 | 630.00 | 590.00 | -6.35 |
| Siemens Power Engineering India | 19,582.00 | 19,768.00 | 18,255.00 | 19,582.00 | 18,388.00 | -6.10 |
| Jindal Steel & Power | 1,075.30 | 1,078.00 | 1,010.00 | 1,074.70 | 1,010.00 | -6.02 |
| NALCO | 348.00 | 348.00 | 331.75 | 352.60 | 332.95 | -5.57 |
The session saw significant weakness in PSU and metal stocks, which exerted downward pressure on the benchmark index. Power and infrastructure-related stocks were among the worst performers, led by BHEL and Siemens Power Engineering India.
Banking stocks showed mixed performance, with gains in IDFC First Bank offset by declines elsewhere. Consumer and technology-linked stocks displayed relative resilience, limiting further downside in the broader market.
Read More: NALCO Shares Fall on Jan 8, 2026 After Four-Day Rally Amid Weakness in Metals.
NIFTY 50 closed lower on January 8, 2026, as aggressive selling in PSU, metal, and power stocks overshadowed gains in select counters. Dixon Technologies and IDFC First Bank emerged as top gainers in an otherwise weak market.
BHEL and Hindustan Zinc led the decliners, reflecting pressure across several cyclical sectors. Overall market movement remained negative, with broad-based declines defining the session.
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 8, 2026, 4:17 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.
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