Nifty, Sensex Post Worst Week Since September on Tariff Jitters

Overview

• Benchmarks fell about 2.5% for the week in a five-session slide, with the Nifty at 25,683 and the Sensex at 83,576 at Friday’s close.
• Selling was driven by uncertainty over possible U.S. tariff actions tied to Russia sanctions, unresolved India–U.S. trade talks, and persistent FII outflows.
• Profit‑taking hit autos, metals, and oil & gas, while consumer durables saw selective buying; the Nifty Midcap100 fell 2.64% and Smallcap100 dropped 3.08%.
• Key near‑term catalysts include December CPI due Jan. 12, Q3 FY26 results from major IT and other blue‑chips, and Bharat Coking Coal’s planned stock listing following its IPO.
• Analysts expect continued volatility with a range‑bound bias, noting technical pressure on financials including a Bank Nifty ‘dark cloud cover’ on weekly charts.