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ET Market Watch: Sensex cracks 2,350 pts in a week, trade jitters, FII selling hit stocks | The Economic Times Podcast

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January 9, 2026
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ET Market Watch: Sensex cracks 2,350 pts in a week, trade jitters, FII selling hit stocks | The Economic Times Podcast
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Hello and welcome to ET Markets Watch, I’m Neha Vashishth.
Indian markets ended the week on a shaky note, with selling pressure deepening for the fifth straight session.

The Sensex slipped over 600 points, while the Nifty closed below 25,700, as global trade jitters and political uncertainty out of Washington kept investors firmly on the defensive.

Over the past five sessions, the Sensex has shed more than 2,350 points, wiping out nearly ₹8 lakh crore in investor wealth.

The biggest overhang remains Trump’s tariff threat. Markets are on edge ahead of the US Supreme Court verdict on the legality of Trump-era tariffs — a ruling that could reshape global trade flows. If tariffs are struck down, India, one of the worst-hit markets, could see relief-led buying.

Adding to the pressure is persistent FII selling, with foreign investors pulling out over ₹3,300 crore in the latest session.

Global cues remained mixed, crude prices climbed near two-week highs, and technically, benchmarks have broken key support levels, reinforcing bearish momentum.

That said, experts believe quality stocks in financials, consumption and industrials may offer long-term opportunities amid the correction.

That’s your quick market wrap.
Stay tuned to ET Markets Watch for all the big cues that matter.

Tags: cracksEconomicFIIgainersHitIndian stocksjitterslosersMarketNiftyPodcastptssellingsensexshare pricestock factorsstocksTimesTradeWatchWeek
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