Tue Jan 20 14:10:00 UTC 2026: ### Headline: Indian Stock Market Plummets, Marking Steepest Decline Since April 7, 2025

The Story

The Indian equity markets experienced a significant downturn on Tuesday, with benchmark indices closing sharply lower due to widespread selling pressure and negative global cues. The Sensex plummeted 1,065.71 points, or 1.28 percent, settling at 82,180.47. The Nifty also suffered, dropping 353 points, or 1.38 percent, to close at 25,232.50, marking its steepest single-day decline since April 7, 2025. The broader market witnessed severe pressure, with midcap and smallcap indices declining by up to 3 percent, reflecting heightened risk aversion among investors.

Key Points

  • The Sensex fell 1,065.71 points (1.28 percent) to close at 82,180.47.
  • The Nifty declined 353 points (1.38 percent) to end at 25,232.50, the steepest single-day drop since April 7, 2025.
  • Realty, auto, and IT stocks were major laggards.
  • Midcap and smallcap indices fell by up to 3 percent.
  • The Nifty has corrected over 4 percent in the past 10 trading sessions.
  • Immediate resistance for the Nifty is expected in the 25,400–25,600 zone.
  • Key support for the Nifty is around 25,150, near its 200-day exponential moving average (DEMA).
  • The daily RSI has dropped to 29.27, its weakest reading since March 2025.

Key Takeaways

  • The Indian stock market is currently experiencing a period of significant volatility and downward pressure.
  • Weak global cues and broad-based selling are contributing factors to the market decline.
  • Investor sentiment is weak, particularly in the midcap and smallcap segments.
  • Technical indicators suggest oversold conditions, but overall sentiment remains bearish.
  • The performance of banking and IT stocks will be crucial for any potential market rebound.

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