Indian Equities Reach Two Month Low as Information Technology Stocks and Global Trade Tensions Weigh on Market Sentiment

Indian equity benchmarks dropped to their lowest levels in over two months on Tuesday. This decline was fueled by weak IT earnings and heavy foreign outflows.

Insights:
Indian stock markets reached their lowest point in more than two months on Tuesday morning. As of 10:11 a.m. IST on January 20, 2026, the Nifty 50 declined 0.38% to 25,487.15, while the BSE Sensex fell 0.33% to 82,972.55. The downturn was characterized by broad selling, with all 16 major sectors in India ININrecording losses on this date. Broader market indices for small-cap and mid-cap stocks each fell by approximately 1%.
A bird flies near the Bombay Stock Exchange (BSE) building in Mumbai, India, April 3, 2025. REUTERS/Francis Mascarenhas
A bird flies near the Bombay Stock Exchange (BSE) building in Mumbai, India, April 3, 2025. REUTERS/Francis Mascarenhas
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