Indian stocks closed lower on Jan 13, 2026, as investors grew nervous over fresh US‑Iran tensions and a new tariff threat from President Trump.
Market Summary
The Sensex slipped 250.48 points (‑0.30%) to finish at 83,627.69, while the Nifty 50 fell 57.95 points (‑0.22%) to end at 25,732.30.
What Fueled the Drop?
- US‑Iran conflict: President Trump announced a 25% tariff on nations trading with Iran, raising fears of a wider trade clash.
- India‑US trade talks: While India’s foreign minister discussed expanding trade and energy ties with the United States, the lack of a concrete deal left markets uneasy.
- Gold rally: Gold and silver reached record highs on expectations of U.S. rate cuts and safe‑haven demand.
Analyst Outlook
Bonanza analyst Abhinav Tiwari said the market’s weakness mainly reflects global anxiety over the new tariff, which overshadows the positive vibe from India‑U.S. talks. He expects short‑term volatility but sees a possible steadier path if trade talks progress and domestic institutional buying stays strong.
Mehta Equities’ Prashanth Tapse noted three factors that could shape the Nifty 50 in the coming days: expectations of rate cuts from the Fed and RBI, a hopeful 2026 budget, and any softening of Trump’s tariff stance. He added that foreign institutional investors need to return to the market for a clearer upside.
Intraday Stock Picks for Today
Here are eight stocks that analysts highlighted for short‑term trading:
- Oil India Ltd – Buy at ₹448, stop‑loss ₹432, target ₹480.
- Vedanta Ltd – Buy at ₹637, stop‑loss ₹615, target ₹681.
- Mankind Pharma Ltd – Buy at ₹2,216, stop‑loss ₹2,190, target ₹2,260.
- Coal India Ltd – Buy at ₹428, stop‑loss ₹418, target ₹450.
- Mahanagar Gas Ltd – Buy at ₹1,064, stop‑loss ₹1,040, target ₹1,120.
- Mahindra & Mahindra Financial Services Ltd – Buy at ₹362.80, stop‑loss ₹354, target ₹385.
- TD Power Systems Ltd – Buy at ₹687, stop‑loss ₹672, target ₹735.
- Eternal Ltd – Buy at ₹294.50, stop‑loss ₹286, target ₹312.
Key Takeaway
Global geopolitics, especially the US‑Iran fallout, are weighing on Indian equities, even as gold shines. Keep an eye on trade talks and central‑bank rate expectations, and consider the suggested intraday picks if you’re comfortable with short‑term risk.
Disclaimer
The views expressed above belong to the individual analysts and are not a recommendation from this site. Always do your own research or consult a certified financial advisor before making any investment decisions.