Sensex, Nifty retreat from highs, close in red after volatile trade - News Summed Up

Sensex, Nifty retreat from highs, close in red after volatile trade


Information technology stocks were among the key laggards, reflecting cautious sentiment over global demand conditions and ongoing uncertainty around overseas markets. Broader market sentiment remained mixed, with mid-cap shares underperforming the benchmarks, while small-cap stocks showed relatively better resilience. Market participants appeared wary after the recent rally that pushed indices to fresh highs, choosing to pare exposure at elevated levels. "President Donald Trump’s renewed remarks on potential tariff hikes against Indian imports linked to India’s continued purchases of Russian oil added a layer of geopolitical caution to global markets, keeping risk appetite in check during today’s session. By the close, market breadth was slightly negative, indicating that declines outnumbered advances across the broader market.


Source: Indian Express January 05, 2026 12:12 UTC



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