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Indices fall 1% on tariff uncertainty

Business Standard

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January 09, 2026

Indian equity benchmarks Sensex and Nifty posted their steepest one-day drop in more than four months amid heightened uncertainty over US trade tariffs.

- SUNDAR SETHURAMAN

Indices fall 1% on tariff uncertainty

On Thursday, the Sensex closed at 84,181 — falling 780 points, or 0.9 per cent, from the previous session. The Nifty ended at 25,877, down 264 points, or 1.01 per cent. Both indices registered their largest single-day declines since August 26, 2025.

The combined market capitalisation of all BSE-listed companies fell ₹7.7 trillion to ₹472.3 trillion. Out of all stocks trading on the BSE, 3,224 declined while 992 advanced, resulting in an advance-decline ratio of 0.41, the weakest since December 8, 2025.

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