Overview
- The Sensex closed at 83,576 (-605) and the Nifty at 25,683 (-194), capping a week in which both benchmarks lost nearly 2.5%.
- Risk sentiment weakened after President Donald Trump backed a Russia‑sanctions bill that could allow tariffs of up to 500% on countries buying Russian oil, alongside reports of stalled India–US trade talks.
- Foreign portfolio investors were net sellers for a fifth session, taking early‑January outflows to about Rs 11,790 crore, while domestic institutions continued to buy.
- BSE market capitalisation fell by more than Rs 12 lakh crore over the week, with declines spanning metals, energy, realty, autos and financials.
- Markets also parsed a mixed US jobs report that kept rate‑cut hopes alive, and no Supreme Court decision on the tariffs had been issued by late US trading on Friday.