Stock markets decline in early trade dragged by blue-chips Reliance, ICICI Bank

Equity benchmark indices Sensex and Nifty declined successful aboriginal commercialized connected Monday (January 19, 2026) dragged by blue-chips Reliance Industries and ICICI Bank, portion sustained overseas money outflows and planetary tariff uncertainties besides dented investors' sentiment.

The 30-share BSE Sensex declined 320.69 points to 83,249.66 successful aboriginal trade. The 50-share NSE Nifty went down by 124.60 points to 25,573.40.

From the 30-Sensex firms, ICICI Bank dropped 3% aft its consolidated nett for the December 4th declined 2.68% to ₹12,537.98 crore, deed by an RBI-mandated ₹1,283-crore proviso for cultivation loans wrongly classified arsenic precedence assemblage advances.

On a standalone basis, the country's second-largest lender reported an implicit 4% diminution successful the October-December nett astatine ₹12,883 crore.

Reliance Industries dipped implicit 2% aft the institution connected Friday reported astir a level nett net of ₹18,645 crore for the 3rd quarter, arsenic a diminution successful state accumulation and weakness successful its retail concern offset gains successful different segments.

Sun Pharma, Infosys, Adani Ports and Bharti Airtel were besides among the laggards.

However, Tech Mahindra, InterGlobe Aviation, Axis Bank and Hindustan Unilever were among the gainers.

Foreign organization investors offloaded equities worthy ₹4,346.13 crore connected Friday (January 16, 2026), portion Domestic Institutional Investors (DIIs) bought stocks worthy ₹3,935.31 crore, according to speech data.

"Upside is expected to stay capped by persistent FII outflows, planetary tariff uncertainties and geopolitical concerns, keeping wide hazard appetite cautious," Ponmudi R, CEO of Enrich Money, an online trading and wealthiness tech firm, said.

In Asian markets, South Korea's Kospi scale and Shanghai's SSE Composite scale traded higher, portion Japan's Nikkei 225 scale and Hong Kong's Hang Seng scale quoted lower.

U.S. markets ended marginally little connected Friday (January 16, 2026).

"President Trump’s announcement of caller tariffs connected respective European nations, with rates acceptable to emergence from 10 per cent to 25 per cent by June unless a Greenland woody is reached, added to planetary jitters," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

Brent crude, the planetary lipid benchmark, climbed 0.16% to $64.23 per barrel.

On Friday (January 16, 2026), the Sensex climbed 187.64 points oregon 0.23% to settee astatine 83,570.35. The Nifty roseate 28.75 points oregon 0.11% to 25,694.35.