Stock Market Today 20 Jan: The downward trend in the Indian stock market continues. Indian indices continued to fall today due to weak global cues and the US administration escalating tariff tensions with European countries. Continuous selling by foreign institutional investors (FIIs) also negatively impacted the market sentiment. At around 10 am, the Sensex fell 372 points or 0.47 percent to 82,877 and the Nifty fell 128 points or 0.52 percent to 25,666.
Stock Market Today 20 Jan
Major broad-cap indices performed in line with the benchmark indices, with the Nifty Midcap 100 falling 0.33 percent and the Nifty Smallcap 100 declining 0.54 percent. Except for Nifty FMC, Metal, and PSU Bank, all sectoral indices were trading in the red. PSU Bank was the top gainer, rising 1.05 percent. Realty and IT sectors were among the major losers, falling 1.18 percent and 0.65 percent, respectively.
Expert on Stock Market
Market analysts say immediate support exists in the 25,400-25,450 zone, while resistance now rests near the 25,700-25,750 zone. Analysts predict volatile days ahead for stock markets due to the US-Europe standoff over Greenland tariffs. A new development is expected today with the US Supreme Court ruling on President Trump’s tariffs. Meanwhile, the IMF has raised India’s FY26 GDP growth forecast to 7.3 percent, confirming the economy’s strong performance despite several challenges that will act as a headwind for the market.
Asian Market Today
In Asian markets, China’s Shanghai index fell 0.3 percent and Shenzhen index fell 1.22 percent, Japan’s Nikkei index fell 1.03 percent and Hong Kong’s Hang Seng index fell 0.09 percent. South Korea’s Kospi index rose 0.13 percent. US markets closed lower in the last trading session, with the Nasdaq falling 0.06 percent. The S&P 500 also fell 0.06 percent and the Dow Jones Industrial Average fell 0.17 percent.
