Sensex Nifty Updates January 23: Dalal Street Ends Weak with Bank Nifty Down Over 1%, Defensive Stocks Offer Limited Support

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Last Updated: 23rd January 2026 - 04:07 pm

Indian equity markets closed sharply lower on Friday, weighed down by heavy selling in select heavyweights and rising volatility. The Sensex declined 0.94% to end at 81,537.70, while the Nifty 50 slipped 0.95% to 25,048.65. Bank Nifty also fell over 1%. Adani group stocks saw sharp losses, dragging sentiment, even as a few defensives like Dr Reddy’s managed modest gains.

Stock Market Highlights, January 23

  • Domestic Markets Weaken: Indian benchmarks ended lower, with the Sensex down 0.94% at 81,537.70 and the Nifty 50 slipping 0.95% to 25,048.65. Bank Nifty fell 1.23%. Dr Reddy’s Labs rose 1.49%, while Adani Enterprises plunged 10.65% to top the losers’ list.

  • Global Cues Mixed: Asian markets closed mostly in the green, led by gains in the Hang Seng and Nikkei, while the Shanghai Composite also edged higher. European markets were mixed at mid-session, with the FTSE 100, DAX, and CAC 40 trading marginally lower.

  • Wall Street Recap: In the previous session, U.S. indices ended higher, with the Dow Jones up 0.63%, the NASDAQ gaining 0.91%, and the S&P 500 advancing 0.55%.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
Dr Reddys Labs 1.49%
Tech Mahindra 0.81%
HUL 0.79%
Hindalco 0.62%
ONGC 0.60%

Top Losers

Company Loss
Adani Enterpris -10.65%
Adani Ports -7.48%
Eternal -6.23%
Interglobe Avi -4.17%
Cipla -4.04%

Indian Market Cues

Index Value Change (%)
Gift Nifty 25,082.50 -1.23%
Nifty 50 25,048.65 -0.95%
Nifty Bank 58,473.10 -1.23%
SENSEX 81,537.70 -0.94%

India VIX

Volatility Index Value Change (%)
India VIX 14.1425 5.94%

Asian Markets 

Index Value Change (%)
Nikkei 53,846 0.29%
Hang Seng 26,749 0.45%
Shanghai Composite 4,741 0.34%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,139 -0.100%
DAX 24,844 -0.052%
CAC 40 8,125 -0.29%
STOXX 50 5,936 -0.34%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 49,384.01 0.63%
NASDAQ 23,436.02 0.91%
S&P 500 6,913.35 0.55%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

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