Overview
- Sensex closed at 83,576 and Nifty at 25,683 on Friday, sealing a roughly 2.5% weekly drop and a five-session losing streak.
- Lingering questions over potential US tariff actions, plus Venezuela and Ukraine tensions, weighed on risk appetite for Indian equities.
- Foreign investors remained net sellers, with flows and rupee moves highlighted by analysts as key near-term drivers.
- Q3 updates from TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, alongside CPI, WPI and trade data, are expected to steer market direction.
- Bharat Coking Coal’s Rs 1,300 crore IPO is set to close on Jan 13 with a Jan 16 listing, while technicians flag Nifty supports near 25,300 and the 200‑day EMA around 25,150 and Bank Nifty near 58,700.