Markets today at close: Indian equity markets closed the trade on a lower note, paring losses of the early session. The Nifty 50 ended 109 points or 0.42% lower at 25,585.50, while the Sensex dropped 324 points or 0.39% to 83,246.
The Nifty Bank closed 204 points or 0.34% lower at 59,891, while the Nifty Midcap 100 finished 220 points or 0.37% lower at 59,648.
Markets at 2.15 PM: The indices have trimmed major losses in the afternoon trade. The Sensex recovered 400 points from the day’s low to trade 255 points or 0.30% lower at 83,315, while the Nifty 50 was down 86 points or 0.33% at 25,608.
Markets at 10:30 AM: The domestic stock market came under pressure in early trade. The Sensex slipped 625.02 points, or 0.75%, to 82,945.33. The Nifty also moved lower, falling 188.50 points, or 0.73%, to trade at 25,505.85.
Markets at open, today: The Indian benchmark indices, Sensex and Nifty, opened today’s trading session in the red. The Sensex started the day at 83,494, down 0.3%, while the Nifty opened at 25,600, slipping 0.3% in early trade.
“It’s going to be volatile days ahead in the near-term for stock markets globally, with big geopolitical and geoeconomic developments impacting markets. We don’t know now how President Trump’s disruptive policies are going to impact international trade and global economic growth. How the European nations are going to react to President Trump’s latest Greenland tariffs remains to be seen. If Trump walks his talk and imposes 10% tariffs on the eight European countries on February 1st and follows it up by raising the tariffs to 25% from June 1st onwards, retaliation by the European bloc is almost certain,” said VK Vijayakumar, Chief Investment Strategist, Geojit Investments.
“In such a scenario, a trade war will breakout impacting global trade and growth. The likely impact of such a development on the market will be negative. It is also likely that Trump chickens out, as has happened in the past,” he added.
Key global and domestic cues to watch on January 19, 2025
GIFT Nifty started the week on a negative note, trading lower by around 0.67% at 25,571.50 in early deals on Monday. Market participants are expected to take cues from overseas trends, as movements in Asian and US stock markets could influence sentiment through the session. Apart from equities, changes in currency markets and commodity prices are also likely to remain in focus while investors assess the broader global environment.
Asian Markets
Asian markets saw mixed trade on Monday, with losses in most regions. Japan led the decline, as the Nikkei 225 dropped 0.85% and the Topix fell 0.46%. South Korea moved in opposite directions, with the Kospi gaining 0.18% while the Kosdaq slipped 0.15%. In Australia, the S&P/ASX 200 began the day down 0.19%.
Why Asian markets declined
Asian markets slipped as investors turned cautious. Fresh political tension between the United States and Europe unsettled sentiment. Comments related to Greenland and possible tariff threats added to the uncertainty. At the same time, markets remained cautious ahead of important economic data from China.
Trump’s Davos speech in focus
Global attention is on US President Donald Trump’s speech at the World Economic Forum in Davos, as markets look for cues on policy direction.
The World Economic Forum’s annual meeting will be held in Davos-Klosters, Switzerland, from January 19 to 23, 2026, under the theme “A Spirit of Dialogue.” Leaders from governments, businesses and global institutions will discuss geopolitical risks, economic uncertainty and the growing role of technologies.
US markets
On Friday, January 16, US markets ended mostly flat. The S&P 500 slipped 0.06% to close at 6,940.01, while the Nasdaq Composite fell 0.06% to 23,515.39. The Dow Jones Industrial Average dropped 83.11 points, or 0.17%, ending the day at 49,359.33.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.30% lower at 99.09 on Monday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.62% to close at 90.86 to the dollar on January 14.
Crude Oil
Oil prices moved lower in early trade on Monday. US crude, West Texas Intermediate, was trading close to $59.08 a barrel, down about 0.60%. Brent crude also edged lower and was hovering near $64.06 a barrel, slipping around 0.10%.
FII, DII data
On January 16, foreign investors, including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs), sold a net Rs 4,346 crore worth of Indian equities. Meanwhile, domestic institutional investors (DIIs) purchased shares worth Rs 3,935 crore, according to provisional data from the exchanges.
Gold rate today
Gold prices in India edged slightly lower. On the MCX, February 5, 2026, gold futures were trading at Rs 1,42,474 per 10 grams in the latest update.
Gold and silver prices surged sharply to fresh records in global markets on Monday as investors reacted to fresh political uncertainty. Spot gold rose 1.6% to $4,670.01 an ounce after touching a new peak of $4,689.39, while US gold futures for February climbed 1.8% to $4,677. Silver also saw strong gains, with spot prices jumping 4.4% to $93.85 an ounce after briefly hitting a record high of $94.08. The rise followed renewed tariff threats from US President Donald Trump towards European countries over the Greenland issue.
Top sectors in last trading session
In the last trading session, the Information Technology sector saw a 2.23% change in market capitalisation, the Capital Market sector moved up 1.83%, and the Artificial Intelligence (AI) sector recorded a 1.27% change.
Best and worst performing business group in last trading session
Lakshmi Group Coimbatore saw its market capitalisation rise 2.82%, Oswal Group increased 2.66%, Yash Birla Group moved up 2.34%, and IIFL Group gained 2.05%. In contrast, Indiabulls Group declined 4.2%, and Anil Ambani Group fell 4.43%.