Summary of this article
The Sensex dropped 324.17 points to 83,246.18, while the Nifty 50 fell 108.85 points to 25,585.50 on January 19.
Bearish sentiment was driven by US President Trump's plans for higher tariffs on European nations, raising global trade concerns.
Wipro plummeted over 8 per cent, while Bharat Coking Coal made a stellar debut with 96 per cent listing gains.
Share Market News: Headline indices finished the session in the red on January 19 amid heightened global uncertainty and cautious investor sentiment. The 30-share Sensex finished the session at 83,246.18, down by 324.17 points or 0.39 per cent, while the Nifty 50 closed around the 25,585.50 level, down by 108.85 points or 0.42 per cent.
In today’s trade investor sentiment remained subdued, led by adverse global cues following US President Donald Trump’s plans to impose higher tariffs on several European nations starting February 1. Notably, Trump’s tariff threat has led to concerns over global trade disruptions and economic growth.
Wipro, Reliance and Eternal Lead Losers
Shares of Wipro, Reliance and Eternal led the losers among Nifty 50 pack finishing lower by 8.21 per cent, 3.07 per cent and 2.87 per cent respectively on the NSE. Other Nifty losers included Tata Motors Passenger Vehicles, Max Healthcare Institute and ICICI Bank, which finished lower by as much as 2.84 per cent. While 31 stocks from the Nifty 50 declined today, 19 stocks finished the session with gains.
Nifty Realty and Nifty Oil and Gas Decline
The Nifty Realty and the Nifty Oil and Gas indices slipped the most among all sectoral indices. The Nifty Realty index ended the session with a decline of 1.99 per cent, and the Nifty Oil and Gas ended the session with declines of 1.56 per cent. On the other hand, the Nifty Auto and the Nifty FMCG closed higher by 0.13 per cent and 0.67 per cent. The Nifty MidCap 100 and the Nifty SmallCap 100 closed the session with declines of 0.37 per cent and 0.99 per cent respectively.
Asian Markets on January 19
Asian indices finished the session mixed on January 19. The Nikkei 225 and Hang Seng finished lower by 0.75 per cent and 1 per cent, respectively. On the other hand, the KOSPI finished with gains of 1.30 per cent while the Shanghai Composite closed lower by 0.29 per cent.
Primary Market Action On January 19
Shares of Bharat Coking Coal listed on the NSE and BSE on January 19 with strong gains of 96 per cent. The share allotment status of Amagi Media Labs IPO will be finalised today as well.
Market Cues
D-street is expected to continue to trade with high volatility amid geopolitical tension. Several factors such as the fresh US tariff threats and the announcement of Q3FY26 results by several major companies are set to impact D-street. On the other hand, the stock market is entering a volatile pre-budget phase as investors watch out for cues like announcements related to fiscal deficit targets and infrastructure/capex spending along with potential changes to taxation and incentives for MSMEs.
