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Sensex, Nifty Slip As FPI Selling Extends and Tariff Jitters Restrain Trade

Investor caution deepened on fresh tariff risk plus ongoing foreign outflows.

Overview

  • At the close on Jan. 13, the Sensex fell 250.48 points to 83,627.69 and the Nifty lost 57.95 points to 25,732.30.
  • Foreign portfolio investors were net sellers for a seventh session, offloading Rs 1,499.8 crore on Tuesday with 2026 outflows at roughly Rs 18,585 crore, while domestic institutions bought about Rs 1,181.78 crore.
  • Sentiment weakened after President Donald Trump announced a 25% U.S. tariff on countries trading with Iran, raising perceived risks for partners including India.
  • The early Q3 earnings tone stayed soft as TCS reported a 13.91% drop in December-quarter profit, which weighed on broader risk appetite.
  • Derivatives positioning pointed to a tight near-term range, with heavy call writing around 26,000 and key support flagged near 25,600–25,550.