India Stocks Review
Indices down on fall in heavyweights, RIL down over 4%
This story was originally published at 17:38 IST on 6 January 2026
Register to read our real-time news.Informist, Tuesday, Jan. 6, 2026
By Arundathi A R
MUMBAI – Headline equity indices ended Tuesday's session lower, extending losses from Monday. The Nifty 50 was down on sharp selling in index heavyweight Reliance Industries, which ended over 4% lower. HDFC Bank, down over 1%, was also the major drag in the index. The session was volatile due to the weekly expiry of the Nifty 50 contracts.
The Nifty 50 index settled at 26178.70 points, down 71.60 points or 0.3%. The index had hit a fresh record high on Monday at 26373.20 points. The BSE Sensex closed at 85063.34 points, down 376.28 points or 0.4%. It was still over 1000 points shy of its all-time high of 86159.02 points, touched on Dec. 1.
Reliance Industries ended over 4% lower to a two-month low of INR 1,496.30 amid negative sentiment due to a slowdown in the retail segment after its competitor Trent's revenue from sale of products fell short of the Street's expectations. Further, there were some concern about pressure on refinery margins after the company confirmed it was not planning to get Russian oil in January at least. Earlier, a news report said three vessels laden with Russian oil were headed towards Reliance Industries' Jamnagar refinery which company said was incorrect.
Shares of Trent closed nearly 9% lower after the company said in its quarterly update that its December quarter revenue could fall short of brokerages' estimates. The stock was the worst hit among the Nifty 50 constituents. The company is expecting to report a 17% on-year growth in revenue in the December quarter and an 18% growth in Apr-Dec, which was below expectations.
ICICI Securities expected the company's December quarter revenue growth to be higher than 20% on the back of higher sales in the festival season and the downward revision in goods and services tax. The brokerage expects further downgrade in estimates considering the weak results.
The company's implied net standalone revenue was at INR 52.20 billion, slightly weaker than Motilal Oswal Financial Services' estimate of 20% on-year growth. The brokerage said that revenue growth is primarily driven by an around 28% on-year increase in store count, with revenue per store declining 11% on year and around 9% on-year fall in the first half of the financial year.
Shares of Tata Motors Passenger Vehicles closed over 1% lower after Jaguar Land Rover reported a fall in its volumes on a quarterly and year-on-year basis. The wholesale volumes for the December quarter, excluding the Chery Jaguar Land Rover China joint venture, fell 43.3% on year to 59,200 units, down 10.6% on quarter. The company witnessed a broad decline in its retail volumes as well, with its retail sales, inclusive of Chery Jaguar Land Rover joint venture, falling 25.1% on year to 79,600 units in December.
Heavyweight HDFC Bank ended nearly 2% lower to a three-month low of INR 956. The stock has declined for two consecutive days after the bank reported provisional numbers for the December quarter. The company's deposit growth in Oct-Dec fell short of brokerages' expectations. HDFC Bank's gross advances rose 11.9% on year to INR 28.45 trillion as on Dec. 31.
Shares of aluminium and copper companies ended higher as aluminium prices on the London Metal Exchange jumped to a three-year high of around $3,000 per tonne and copper prices reached multi-year highs of around $13,000 per tonne, according to a report by ICICI Direct Securities. Shares of Vedanta ended 1% higher and touched their all-time high of INR 627.90. National Aluminium Co. ended almost 5% higher. It has also hit its all-time high of INR 351.70. Shares of Hindalco Industries closed over 1% higher and notched its all-time high of INR 970.80. According to the brokerage, rising demand from sunrise sectors such as electric vehicles, renewable energy and artificial intelligence data centres, along with global supply-side disruptions and geopolitical tensions, is causing the recent rally in prices.
Apollo Hospitals Enterprise closed nearly 4% higher after the brokerage Prabhudas Lilladher said it expects the company to report healthy earnings before interest, tax, depreciation, and amortisation growth in the December quarter, driven by steady occupancy rates and healthy margins. The stock hit a one-month high of INR 7,360 Tuesday.
In the broader market, barring the Nifty Smallcap 50, all other indices ended marginally lower. However, the Nifty Smallcap 50 ended in the green for the third straight session. Sectoral indices showed a mixed performance, with the majority of them ending higher. The Nifty Healthcare ended nearly 2% higher at 14950.25 points. The Nifty Oil and Gas was the worst hit, down nearly 2%, at 12000.60 points.
* Of the Nifty 50 stocks, 31 rose and 19 fell
* Of the Sensex stocks, 17 rose and 13 fell
* On the NSE, 1,238 stocks rose, 1,889 fell, and 110 were unchanged
* On the BSE, 1,659 stocks rose, 2,521 fell, and 169 were unchanged
* Nifty Infrastructure: down 1.2%; Nifty Oil and Gas: down 1.8%; Nifty Healthcare: up 2%
BSE NSE
Sensex: 85063.34, down 376.28 points or 0.4% Nifty 50: 26178.70, down 71.60 points or 0.3%
|
S&P BSE Sensitive Index |
Nifty 50 |
|
Lifetime High: 86159.02 (Dec. 1, 2025) |
: Lifetime High: 26373.20 (Jan. 5, 2026) |
|
Record Close High: 85836.12 (Sept. 26, 2024) |
: Record Close High: 26328.55 (Jan. 2, 2026) |
|
2026 1st day close: 85188.60 (Jan. 1) |
: 2026 1st day close: 26146.55 (Jan. 1) |
|
2026 Closing High: 85762.01 (Jan. 2) |
: 2026 Closing High: 26328.55 (Jan. 2) |
|
2026 Closing Low: 85188.60 (Jan. 1) |
: 2026 Closing Low: 26146.55 (Jan. 1) |
|
2026 High (intraday): 85883.50 (Jan. 5) |
: 2026 High (intraday): 26373.20 (Jan. 5) |
|
2026 Low (intraday): 85068.88 (Jan. 2) |
: 2026 Low (intraday): 26113.40 (Jan. 1) |
|
2025 1st day close: 78507.41 (Jan. 1) |
: 2025 1st day close: 23742.90 (Jan. 1) |
|
2025 Closing High: 85720.38 (Nov. 27) |
: 2025 Closing High: 26215.55 (Nov. 27) |
|
2025 Closing Low: 72989.93 (Mar. 4) |
: 2025 Closing Low: 22082.65 (Mar. 4) |
|
2025 High (intraday): 86159.02 (Dec. 1) |
: 2025 High (intraday): 26325.80 (Dec.1) |
|
2025 Low (intraday): 71425.01 (Apr. 7) |
: 2025 Low (intraday): 21743.65 (Apr. 7) |
|
2024 1st day close: 72271.94 (Jan. 1) |
: 2024 1st day close: 21741.90 (Jan. 1) |
|
2024 Closing High: 85836.12 (Sept. 26) |
: 2024 Closing High: 26216.05 (Sept. 26) |
|
2024 Closing Low: 70370.55 (Jan. 23) |
: 2024 Closing Low: 21238.80 (Jan. 23) |
|
2024 High (intraday): 85978.25 (Sep. 27) |
: 2024 High (intraday): 26277.35 (Sept. 27) |
|
2024 Low (intraday): 70001.60 (Jan. 24) |
: 2024 Low (intraday): 21137.20 (Jan. 24) |
|
2023 1st day close: 61167.79 (Jan. 2) |
: 2023 1st day close: 18197.45 (Jan. 2) |
|
2023 Closing High: 72410.38 (Dec. 28) |
: 2023 Closing High: 21778.70 (Dec. 28) |
|
2023 Closing Low: 59288.35 (Feb. 27) |
: 2023 Closing Low: 17311.80 (Oct. 17) |
|
2023 High (intraday): 72484.34 (Dec. 28) |
: 2023 High (intraday): 21801.45 (Dec. 28) |
|
2023 Low (intraday): 58699.20 (Jan. 30) |
: 2023 Low (intraday): 17098.55 (Jan. 17) |
|
2022 1st day close: 59183.22 (Jan. 3) |
: 2022 1st day close: 17625.70 (Jan. 3) |
|
2022 Closing High: 63284.19 (Dec. 1) |
: 2022 Closing High: 18812.50 (Dec. 1) |
|
2022 Closing Low: 51360.42 (Jun. 17) |
: 2022 Closing Low: 15293.50 (Jun. 17) |
|
2022 High (intraday): 63583.07 (Dec. 1) |
: 2022 High (intraday): 18887.60 (Dec. 1) |
|
2022 Low (intraday): 50921.22 (Jun. 17) |
: 2022 Low (intraday): 15183.40 (Jun. 17) |
|
2021 Closing High: 61305.95 (Oct. 14) |
: 2021 Closing High: 18338.55 (Oct. 14) |
|
2021 Closing Low: 46285.77 (Jan. 29) |
: 2021 Closing Low: 13634.60 (Jan. 29) |
|
2021 High (intraday): 61353.25 (Oct. 14) |
: 2021 High (intraday): 18350.75 (Oct. 14) |
|
2021 Low (intraday): 46160.46 (Jan. 29) |
: 2021 Low (intraday): 13596.75 (Jan. 29) |
|
2020 Closing High: 47751.33 (Dec. 31) |
: 2020 Closing High: 13981.95 (Dec. 30) |
|
2020 Closing Low: 25981.24 (Mar. 23) |
: 2020 Closing Low: 7610.25 (Mar. 23) |
|
2020 High (intraday): 47896.97 (Dec. 31) |
: 2020 High (intraday): 14024.85 (Dec. 31) |
|
2020 Low (intraday): 25638.90 (Mar. 24) |
: 2020 Low (intraday): 7511.10 (Mar. 24) |
|
2019 High (intraday): 41809.96 (Dec. 20) |
: 2019 High (intraday): 12293.90 (Dec. 20) |
|
2019 Low (intraday): 35287.16 (Feb. 19) |
: 2019 Low (intraday): 10583.65 (Jan. 29) |
|
2018 High (intraday): 38938.91(Aug. 28)) |
: 2018 High(intraday): 11760.20 (Aug. 28) |
|
2018 Low (intraday): 32483.8 (Mar. 23) |
: 2018 Low (intraday): 9951.9 (Mar. 23) |
|
2017 High (intraday): 34005.37 (Dec. 26) |
: 2017 High(intraday): 10515.10 (Dec. 26) |
End
US$1 = INR 90.17
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
