Indian equity markets ended sharply lower on Friday, January 9, 2026, as heavy selling pressure dragged benchmark indices to another decline, extending the losing streak to a fifth consecutive session and marking the worst weekly fall since September 2025.
The BSE Sensex closed down 604.72 points, or 0.72 percent, at 83,576.24, with selling pressure persisting through the session and intensifying in the final hour of trade. The NSE Nifty 50 declined 193.55 points, or 0.75 percent, to settle at 25,683.30, closing below the 25,700 level.
On a weekly basis, the Nifty fell about 2.45 percent, while the Sensex declined approximately 2.4 percent, the steepest weekly drop since the week ended September 26, 2025.
Sectorally, realty, consumer durables, and auto stocks recorded the highest selling pressure. Realty shares were weighed down by concerns over high interest rates and demand, consumer durables stocks declined amid worries over weak consumption, and auto stocks faced pressure due to cost- and demand-related factors.
Market sentiment remained under pressure due to continued selling by foreign institutional investors, who have been withdrawing funds from Indian equities over the past several sessions. Concerns over potential tariff hikes in the United States also weighed on sentiment, raising worries about their impact on global trade and reducing risk appetite across emerging markets.
Rising crude oil prices added to the pressure on equities. As a major crude oil importer, higher oil prices have increased concerns around inflation and the current account deficit, leading to selling in oil-sensitive sectors such as automobiles, paints, and consumer stocks.
Volatility also increased during the week, with the India VIX rising 15.6 percent, its sharpest weekly jump since May 2025, indicating expectations of higher market fluctuations in the near term.
