Indian shares closed lower on Jan 14, with the Sensex down about 0.3% and the Nifty slipping 0.26%.
Market Summary
The market ended the day mixed. Weakness in auto, IT and realty stocks outweighed gains in metal, PSU banking and oil & gas. The Sensex finished at 83,382.71, while the Nifty closed at 25,665.60. Trading was cautious as investors waited for the U.S. Supreme Court’s decision on President Trump’s tariff rules.
Sector Performance
- Metal, PSU Bank, Power, Oil & Gas: rose 0.5%–2%.
- Auto, IT, Realty: fell 0.5%–1%.
Key Stock Movers
- Tata Steel, NTPC, ONGC, Axis Bank and Hindalco posted gains.
- Tata Consumer, TCS, Asian Paints, Maruti Suzuki and HUL were among the losers.
- Polycab India slipped 3% after a modest share sale.
- Puravankara jumped 9% on strong Q3 collections and higher pre‑sales.
- Tata Elxsi fell 4% as Q3 profit dropped 45%.
- Oswal Pumps rose 1% after winning a ₹119.92 cr order.
- 5paisa Capital added 3% despite a profit dip.
- Railtel Corp. gained 4% on a ₹15.99 cr order.
- Union Bank of India climbed 8% after its Q3 earnings.
Stocks Touching 52‑Week Lows
More than 150 stocks hit their 52‑week lows, including C.E. Info Systems, Poly Medicure, Tube Investment, Cohance Life, Godrej Properties, Whirlpool of India, Dixon Technologies, Bata India, IRCTC, Happiest Minds, ITC, Brainbees Solutions, BASF and Maharashtra Seamless.
Expert Outlook for Jan 16
Kotak Securities – Shrikant Chouhan
Chouhan expects a non‑directional session. Support is around 25,600 for the Nifty and 83,200 for the Sensex. A break above 25,800/83,800 could push the market to 25,880–25,900/84,000–84,200, while a fall below support may test 25,500–25,450/83,000–82,800.
Lemonn Markets – Gaurav Garg
Garg notes sharp intraday swings as foreign fund outflows and tariff worries linger. The Sensex recovered from a low of 83,185 to finish near 83,506, and the Nifty stayed around 25,692. Buying interest in metals, oil & gas and consumer durables helped limit losses.
Market Sentiment
Foreign portfolio investors have sold roughly ₹16,600 cr of Indian equities this month, adding pressure. The weekly derivatives expiry moved to Wednesday, adding to short‑term volatility. However, positive cues from Asian markets provided some support.
Disclaimer
Remember, this is perspective, not a prediction. Do your own research or consult a certified advisor before making any investment decisions.