Indian Markets Extend Losses: Nifty Below 25,700, Sensex Slips 605 Pts Amid US Tariff Uncertainty

• Indian equity benchmarks continued their losing streak for the fifth consecutive session on January 9, 2026.
• The decline was primarily driven by uncertainty surrounding the US Supreme Court's verdict on Trump tariffs.
• Sensex closed down 604.72 points (0.72%) at 83,576.24, and Nifty fell 193.55 points (0.75%) to 25,683.30.
• Broader indices underperformed, with BSE Midcap falling 0.9% and smallcap index losing 1.7%.
• Nifty's technical indicators suggest strengthening bearish momentum, with potential support at 25,600-25,550.

Why It Matters: Indian markets saw a fifth day of losses, with Nifty below 25,700, due to US tariff uncertainty.