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Indian stock markets opened lower on January 6, 2026, with the Sensex falling over 100 points and the Nifty slipping below 26,200 despite positive global cues. Early trade saw selling pressure in key stocks, while broader markets remained mixed.
Indian Markets Trade in Red at Opening Bell
Mumbai: The Indian stock market opened weak on Tuesday, January 6, 2026. Despite positive cues from global markets, domestic equity benchmarks remained under pressure. In early trade, the BSE Sensex opened 108.48 points lower at 85,331.14, while the Nifty 50 fell 60.6 points to 26,189.70.
In the previous trading session, the Sensex closed at 85,439.62, while the Nifty 50 touched 26,250.30. Both indices witnessed profit-booking and selling in select stocks early today.
Indian markets open volatile; Sensex slips 50 points, Nifty flat
Despite the rally on Wall Street and the rise in crude oil prices, the Indian market remained under pressure. The rise in crude oil prices is believed to be due to recent geopolitical developments, which led to fluctuations in oil company stocks.
The broader market witnessed a mixed trend in early trade. The BSE Midcap Index traded marginally lower by 4.57 points, or 0.01%, while the BSE Smallcap Index gained 37.32 points, or 0.07%, to trade at 51,992.09.
In early trade, 1,053 stocks in the Nifty pack were in the green, while 1,510 stocks declined. 92 stocks remained unchanged. Meanwhile, Tata Group retailer Trent saw a sharp decline of nearly 7%, attracting investor attention.
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Shrikant Chauhan, Head of Equity Research at Kotak Securities, said that the 26,150/85,200 and 26,100/85,000 levels remain important support zones for the market. As long as the market remains above these levels, the bullish trend is likely to continue. On the upside, 26,350/85,700 and 26,400/85,850 will be immediate resistance zones. However, if the market slips below 26,050/84,900, the uptrend could weaken. According to his strategy, one should buy between 26,250 and 26,150, with a final stop loss at 26,050.