Summary of this article
Indian indices plummeted as the Sensex shed 1065 points and Nifty fell 1.38 per cent following U.S. tariff threats.
Global risk-off sentiment intensified over the Greenland trade dispute, dragging realty and consumer durable sectors down by 5 per cent.
Market volatility persists as investors track Q3 earnings and the Shadowfax Technologies IPO, while awaiting the upcoming 2026 Union Budget.
Share Market News: D-Street witnessed widespread sell-offs on January 20, 2026, leading to significant declines for the benchmark indices. The Nifty 50 declined to 25,232.50, down by 353 points or 1.38 per cent. On the other hand, the BSE Sensex shed 1,065.71 points or 1.28 per cent to end the session at 82,180.47.
The headline indices declined on account of a global risk-off sentiment following US President Donald Trump’s 10 per cent tariff threat on eight European nations over the Greenland dispute. The escalation in trade tensions is likely to have spooked investors, leading to a steep broad based sell-off on D-Street.
Adani Enterprises and Bajaj Finance Lead Losers
Shares of Adani Enterprises and Bajaj Finance led the losers among the Nifty 50 pack, closing lower by 3.96 per cent and 3.89 per cent, respectively on the NSE. Other Nifty losers included Jio Financial Services, Eternal and Coal India which closed lower by as much as 3.72 per cent. While 47 stocks from the Nifty 50 declined today, three stocks closed in the green, including Dr Reddy’s Laboratories, HDFC Bank and Tata Consumer Products.
Nifty Realty and Nifty Consumer Durables Witness Decline
The Nifty Realty and the Nifty Consumer Durables declined the most among all sectoral indices. The Nifty Realty index closed with a decline of 5.04 per cent, while the Nifty Consumer Durables index closed with declines of 2.80 per cent. The broader market also came under pressure as the Nifty MidCap 100 and the Nifty SmallCap 100 closed the session with declines of 2.62 per cent and 2.85 per cent, respectively.
Asian Markets on January 20
All major Asian indices ended the session in the red on January 20. Japan’s Nikkei 225 and the Hong Kong based Hang Seng closed lower by 0.88 per cent and 0.30 per cent, respectively. On the other hand, other indices, such as the KOSPI and the Shanghai Composite closed the session lower by 0.39 per cent and 0.01 per cent. The declines followed renewed fears of a new global trade war following Trump’s tariff announcement on European nations.
Primary Market Action On January 20
The subscription window for Shadowfax Technologies initial public offering (IPO) opened on January 20. The public issue saw muted demand on the first day of subscription. On the small and medium enterprises (SME) board, the Digilogic Systems IPO opened for subscription, while the bidding window of Aritas Vinyl’s IPO closed for subscription.
Market Cues
D-Street is expected to factor in the announcement of Q3 FY26 earnings along with further announcements related to Trump’s trade policy. Additionally, the stock market is also set to factor in any major announcements by the government ahead of the Union Budget on February 1, 2026. Market sentiment is expected to remain in a ‘wait and watch’ mode amid a volatile global backdrop.
