Stock Market Today January 13: The Indian stock market continues to experience volatility. After a sharp recovery from lower levels, the Indian stock market, which opened in the green, reversed course amid rising geopolitical tensions and persistent selling by foreign institutional investors. By 9:29 AM, the Sensex had fallen 85 points or 0.10 percent to 83,792, and the Nifty had dropped 22 points or 0.08 percent to 25,768. The broader market indices showed a slight divergence from the benchmark indices, with the Nifty Midcap 100 rising 0.11 percent and the Nifty Smallcap 100 gaining 0.38 percent.
Stock Market Today January 13
ONGC and SBI were among the top gainers in the Nifty. Regional indices showed a mixed trend, with most trading in the red. Nifty Media and Public Sector Undertaking (PSU) banks were among the top-performing sectors, rising by 0.79 percent and 0.67 percent respectively.
Expert on Stock Market
Analysts say that US President Donald Trump’s use of tariffs as a weapon has impacted global trade, especially for countries targeted with punitive tariffs. Trump’s recent announcement that the US will impose a 25 percent tariff on countries trading with Iran clearly signals that this policy of using tariffs as a weapon will continue. The Indian market rallied on the news that the US is determined to reach a trade agreement with India and that negotiations will resume.
Asian Market Today
In Asian markets, China’s Shanghai Composite index fell 0.03 percent and the Shenzhen index dropped 0.31 percent, while Japan’s Nikkei index rose 3.21 percent and Hong Kong’s Hang Seng index gained 0.93 percent. South Korea’s Kospi index increased by 0.74 percent. US markets closed mostly higher overnight, with the Nasdaq rising 0.26 percent. The S&P 500 gained 0.16 percent and the Dow Jones Industrial Average added 0.17 percent.
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