Market Fall Continues for 3rd Day: Nifty Below 26,150, Sensex Dips 102 Pts

Business
M
Moneycontrol•07-01-2026, 16:02
Market Fall Continues for 3rd Day: Nifty Below 26,150, Sensex Dips 102 Pts
- •Indian benchmark indices fell for the third consecutive session on January 7, with Nifty closing below 26,150 and Sensex down 102 points.
- •Volatility was driven by rising geopolitical risks, FII selling, and weak Asian markets.
- •Consumer durables, IT, and pharma sectors saw gains (0.5-1.8%), while auto, oil & gas, realty, and telecom sectors shed around 0.5% each.
- •Titan Company and Senco Gold shares jumped on strong Q3 results, while Indian Hotels and Meesho shares declined.
- •Technical outlook suggests Nifty's trend remains sluggish, with support at 26000 and resistance at 26300 for January 8.
Why It Matters: Indian markets extend losses for third day amid volatility; Nifty below 26,150 with cautious outlook.
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