Stock markets trade lower in early trade as selling in Reliance Industries, HDFC Bank dents sentiment

Benchmark indices Sensex and Nifty declined successful aboriginal commercialized connected Tuesday (January 6, 2026), dragged by dense selling successful blue-chips Reliance Industries, HDFC Bank, and worries implicit caller informing from the U.S. to further rise tariffs against India.

The 30-share BSE Sensex declined 431.95 points to 85,007.67 during aboriginal trade. The 50-share NSE Nifty tanked 105.6 points to 26,144.70.

From the 30-Sensex firms, Trent tumbled implicit 7% adjacent arsenic the Tata radical retail steadfast reported a 17% maturation successful standalone gross to ₹5,220 crore successful the December quarter.

Reliance Industries, Tata Motors Passenger Vehicles, Eternal, HDFC Bank, and Adani Ports were besides among the laggards.

However, ICICI Bank, Bajaj Finserv, Asian Paints, and Tata Steel were among the gainers.

Foreign organization investors offloaded equities worthy ₹36.25 crore connected Monday aft a day's breather, according to speech data. Domestic organization investors, however, bought stocks worthy ₹1,764.07 crore.

"While broader sentiment remains guarded amid caller bouts of volatility driven by geopolitical developments and tariff-related concerns, underlying enactment continues to travel from unchangeable home macro fundamentals and dependable organization participation," Ponmudi R, CEO of Enrich Money, an online trading and wealthiness tech firm, said.

U.S. President Donald Trump has said Prime Minister Narendra Modi knew "I was not happy" with India's purchases of Russian lipid and that Washington could rise tariffs connected New Delhi "very quickly".

Mr. Trump made the remarks portion talking to reporters connected Sunday aboard Air Force One en way to Washington DC from Florida.

In Asian markets, South Korea's Kospi index, Japan's Nikkei 225 index, Shanghai's SSE Composite index, and Hong Kong's Hang Seng scale were trading higher.

U.S. markets ended higher connected Monday.

Brent crude, the planetary lipid benchmark, dipped 0.24% to $61.61 per barrel.

On Monday (January 5, 2026), the Sensex dropped 322.39 points, oregon 0.38%, to settee astatine 85,439.62. After hitting a grounds intra-day precocious of 26,373.20, the Nifty failed to transportation guardant the momentum and declined 78.25 points, oregon 0.30%, to extremity astatine 26,250.30.