Stock Market Today: Sensex Slides 600 Points; Nifty 50 Falls Below 25,550

FPI outflows and mixed earnings. Banking and IT stocks face pressure while pharma shows resilience

The Indian stock market shows mixed movement today as trading continues with high volatility. Benchmark indices remain under pressure due to weak global signals, foreign investor selling, and mixed corporate earnings. Overall market mood stays cautious, with investors reacting to both domestic data and international developments.

Market Performance Today

Indian equity markets are trading in the red zone today. Nifty 50 is below the 25,600 mark, and BSE Sensex has also lost the 83,300 mark. The main reason for this market drawdown is the selling of hefty stocks, mostly in the banking, IT, and energy sectors. The early buzz in the market extinguishes with the passage of time, and the overall market loses a large chunk of its players.

The market is still in a consolidation phase with Nifty oscillating between 25,500 and 25,900. Analysts say that there is a strong support area close to the lower band of this range, but at the same time, the buying interest is also lacking. The volatility is still high as the traders are not sure about the very near future direction of the market.

Intraday Trends and Recent Movement

The market opening today was bearish due to the negative signals from the Asian market. The Sensex plummeted by 350 points in the first hour itself, with the Nifty going down below 25,600. As time goes on, the losses increased with the Sensex dropping down over 600 points and the Nifty dipping beneath 25,550.

Investors' risk appetite is still low, and many are opting to wait and watch instead of jumping into the market due to the prevailing uncertainty. Trading volumes stay moderate, reflecting cautious participation.

Global and Economic Factors

Global market conditions play a major role in today’s weakness. Asian markets trade lower, while Wall Street shows subdued performance overnight. Trade-related worries and geopolitical tension increase risk aversion across global equities, including India.

Foreign portfolio investors continue to remain net sellers. In January 2026 alone, foreign investors withdrew more than Rs. 22,500 crore from Indian equities. These outflows put pressure on both stock prices and the currency. The Indian rupee weakens to 90.86 against the US dollar, adding more concern for market participants.

Bond yields also move higher, reflecting stress in the financial system. Rising yields and currency weakness together signal tightening liquidity conditions, which affect equity valuations in the short term.

IPO and Primary Market Activity

Despite weakness in the secondary market, the primary market shows strong activity. Bharat Coking Coal makes a strong debut, listing nearly 96 percent above its IPO price on both major exchanges. This strong listing highlights continued investor interest in fundamentally strong companies, even during volatile market conditions.

The successful listing improves sentiment in the IPO space and encourages other companies planning to raise funds in the coming months.

Sector-wise Performance

Banking and financial stocks face pressure due to concerns over margins and asset quality. IT stocks decline on weak global demand outlook and cautious management commentary. Energy and metal stocks also trade lower due to global commodity price fluctuations.

On the positive side, pharmaceutical stocks show relative strength. The Indian pharmaceutical market has reached the $20.48 billion mark, with the increase in exports to countries like Brazil and Nigeria being one of the main factors. 

Long-term growth trends are still in support of the selective buying interest in pharma companies, while the broader market weakness continues to limit gains.

Broader Market Trends

At the beginning of the week, the Sensex and Nifty indices managed to break the two-day losing streak, thanks to the strong performance of some IT stocks. However, this momentum did not last long, and the selling continues as new worries begin to take place.

Market Outlook

Short-term predictions for the Indian stock market are on a downtrend. The key support levels for Nifty and Sensex are still solid, but a strong rally is only possible with great global signals and foreign fund flows getting better. 

The direction of the market in the near term will be dictated by the earnings of corporates, macroeconomic data, and global policy signals coming out.

The sessions ahead may be marked with ups and downs, yet the long-term potential of the Indian economy remains unshaken. Traders will have an eye on the inflation figures, the GDP growth projections, and the policy changes for guidance.