Sensex Today Tanks 824 Points | Nifty Ends Below 22,900 | 5 Reasons Why Indian Share Market is Falling

Mon, 27 Jan Closing

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After starting the day on a negative note, the benchmarks dragged further as the session progressed and ended the day on weak note.

Benchmark equity indices, BSE Sensex and NSE Nifty50, ended the week's first trading session lower, settling down by over 1% each, dragged by the selling across the counters.

At the closing bell, the BSE Sensex stood lower by 824 points (down 1.1%).

Meanwhile, the NSE Nifty closed lower by 263 points (down 1.1%).

HUL, SBI and ICICI Bank was the top gainer today.

Wipro, Hindalco and Tech Mahindra on the other hand, were among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

The GIFT Nifty ended at 22,836 down by 295 points.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE Mid Cap ended 2.6% lower and the BSE Small Cap index ended 3.5% lower.

Sectoral indices are trading on negative note with stocks in metal sector, telecom sector and power sector witnessing selling pressure.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at 86.33 against the US$.

Gold prices for the latest contract on MCX are trading marginally lower at Rs 79,990 per 10 grams.

Meanwhile, silver prices are trading 0.7% lower at Rs 90,945 per 1 kg.

Here are four reasons why Indian markets are falling today:

#1 DeepSeek Sparks Concerns; Chip Stocks Decline

Investor sentiment has been shaken as tech giants' AI performance is under the spotlight during this week's quarterly results.

Adding to the concern, China-based DeepSeek launched a free, open-source large-language model in December, developed in just two months for under US$ 6 million. Last week, DeepSeek unveiled r1, a reasoning model that outperformed OpenAI's latest o1 in several third-party tests.

#2 Tariff Tensions

A series of tariff threats between the US and Colombia have added pressure on investor sentiment. Colombian President Gustavo Petro rejected US military planes on Sunday, citing concerns about the treatment of Colombian migrants. In retaliation, US President Donald Trump imposed "emergency 25% tariffs" on Colombian imports, with plans to escalate them to 50% in a week.

Additionally, a travel ban on Colombian citizens and the revocation of visas for Colombian officials were announced.

#3 Nervousness Ahead of the Union Budget

The Union Budget for FY26 is set to be presented this Saturday, 1 February 2025. Analysts remain cautious, with expectations low due to limited fiscal space, which makes it unlikely for the government to introduce significant economic stimulus measures.

#4 Foreign Portfolio Investor (FPI) Outflows

The Indian Rupee hit a record low of 86.44 against the US Dollar on Monday, down 22 paise due to Trump's tariff threats. Foreign portfolio investors (FPIs) have already pulled out Rs 641.6 bn (US$ 7.44 bn) from Indian equities this month, adding further pressure on the markets.

Speaking of stock markets, research analyst, Tanushree Banerjee points out that the recent market correction has made stocks from certain corporate groups more affordable.

Investing in stocks from a specific group can be beneficial, provided the potential upside of individual stocks is carefully evaluated.

So, is this the right time to explore opportunities within the Tata group stocks? Watch the video to find out more.

Omaxe Shares Soar 4%

In news, Shares of pan-India real estate developer Omaxe surged by over 4% on 27 January, even in a sluggish market, following the announcement of its new branding initiative aimed at collaborative property projects with a revenue potential of Rs 50 bn.

Omaxe revealed that the projects under its 'BeTogether' initiative will involve an investment of over Rs 28 bn over the next 3-5 years, with a potential revenue generation of more than Rs 50 bn.

The initiative focuses on joint ventures, collaborations, and development through Public-Private Partnerships (PPP) in areas with infrastructure gaps, with the goal of driving socio-economic growth.

Key projects outlined by the company include the JV initiative 'BeTogether Centre Point Vrindavan' to modernize the city.

Additionally, Omaxe is partnering with the Uttar Pradesh State Road Transport Corporation (UPSRTC) for several PPP projects aimed at upgrading bus terminals in cities like Lucknow, Ghaziabad, Kaushambi, Ayodhya, Amausi, and Prayagraj. Omaxe stated that 'BeTogether' would usher urban real estate into a new era.

Laurus Labs Downplays AIDS Funding Impact

Moving on to news from the pharma sector, pharma and biotech company Laurus Labs has in a statement tried to assuage market concerns over the financial impact over the funding halt to US President's Emergency Plan For AIDS Relief (PEPFAR), and said on 27 January that it sees no impact on procurement.

Shares of Laurus Labs have dropped by more than 10% following the announcement of its December quarter earnings, compounded by the market's reaction to the suspension of PEPFAR funding.

The company emphasized that AIDS funding comes from various sources, including individual country governments, PEPFAR, and the Global Fund. Laurus Labs highlighted that global agencies have effectively managed the fight against AIDS thus far.

The company further noted that the global Anti-Retroviral (ARV) medicine market, valued at approximately US$ 1.5 bn, constitutes just 10% of the total annual HIV financing budget.

Adani Wilmar Q3 Profit Doubles

Moving on to news from the FMCG sector, Adani Wilmar delivered its best-ever quarterly performance for the third quarter of FY25, with net profit surging 105% year-on-year to Rs 4.1 bn, compared to Rs 2 bn in the same period last year.

Revenue grew by 31% year-on-year to Rs 168.6 bn, marking the highest quarterly revenue for the company. The strong topline growth was supported by a 5% rise in underlying volumes despite inflationary pressures.

The company's operating EBITDA saw a sharp 57% year-on-year increase to Rs 7.9 bn, while EBITDA margin improved to 4.7% from 3.9%, reflecting operational efficiencies and cost control.

Adani Wilmar said in a statement that it had significantly expanded its rural presence, reaching over 43,000 rural towns by December 2024, up from just 5,000 in March 2022. The company aims to further extend its coverage to 50,000 towns by the end of FY25.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

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INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

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