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Moneycontrol06-01-2026, 16:08

Market Tumbles Second Day: Nifty Below 26,200, Sensex Drags 376 Pts

  • Indian equity markets declined for the second consecutive session, with Nifty closing below 26,200.
  • Sensex dropped 376.28 points (0.44%) to 85,063.34, and Nifty fell 71.60 points (0.27%) to 26,178.70.
  • Selling pressure hit oil & gas, media, and energy stocks, while IT, metal, pharma, and financials saw buying.
  • Market sentiment was affected by US-Venezuela tensions and renewed US tariffs on India.
  • BSE Midcap and Smallcap indices ended lower, with a mix of stocks hitting 52-week highs and lows.

Why It Matters: Indian markets extended losses for a second day due to global tensions and sectoral selling.

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