Stock Market Today: January 8, 2026 – Nifty & Sensex Market Update

Published On: 08/01/20262 min read

Stock Market Today: January 8, 2026 – Nifty & Sensex Market Update

Indian stock market today witnessed a cautious trading session on January 8, 2026, as benchmark indices closed lower amid renewed concerns over global economic outlook and domestic cues. The BSE Sensex ended at 84,778.02 points, down by 0.80% from the previous close, whereas the NSE Nifty 50 settled at 26,328.55, falling 0.38% for the day.

Stock Market Today: Nifty & Sensex Performance Highlights

The opening and day’s trading range for the indices showed some volatility but overall sentiment leaned towards profit booking after a recent surge.

BSE Sensex Intraday Performance

  • Opening: 84,965.27 (+344.87 points, +0.41%)
  • Day High: 84,965.27
  • Day Low: 84,620.40
  • Previous Close: 85,475.15
  • 52-Week High: 88,534.45
  • 52-Week Low: 71,425.01

NSE Nifty 50 Performance

  • Opening: 26,373.20 (+44.65 points)
  • Day’s Range: 26,210.05 – 26,373.20
  • Previous Close: 26,428.07
  • 52-Week High: 26,373.20
  • 52-Week Low: 21,743.65

Sectoral Performance in the Stock Market Today

Sector-wise, energy and financial services faced pressure, leading the losses. Metal stocks bucked the trend with minor gains, supported by steady commodity prices. IT and FMCG sectors also witnessed moderate selling pressure as investors adopted a cautious stance.

Top Gainers and Losers

  • Top Gainers: Hindalco Industries (+1.85%), JSW Steel (+1.35%), Ultratech Cement (+0.90%)
  • Top Losers: Reliance Industries (-1.20%), HDFC Bank (-1.10%), Infosys (-0.95%)

Market Drivers and Key Factors

The market today was driven primarily by profit booking ahead of quarterly earnings season and global macroeconomic uncertainties, including inflation concerns in the U.S. and crude price fluctuations. Domestic investors remained watchful on the upcoming policy announcements and corporate earnings which could set the tone in the coming weeks.

Currency and Global Market Overview

The Indian Rupee traded marginally weaker at 74.89 per US dollar, pressured by a stronger dollar and foreign fund outflows. Globally, major indices like the Dow Jones and S&P 500 were lower as investors grappled with inflation data and Fed rate speculation. Asian markets also followed suit with mixed to negative cues.

Market Breadth and Volume

Market breadth was negative with more decliners than advancers. On BSE, 1,500 stocks declined against 1,200 advancing. Volume was moderate, reflecting investor hesitation amid volatile conditions.

Outlook and Technical Levels

Technically, Nifty faces immediate support near 26,250 with resistance around 26,400. Crucial resistance lies at 26,600 for any sustained upside. Investors should watch for quarterly earnings and global cues to gauge market direction.

For continuous updates on the Indian stock market today and upcoming IPOs, visit nextipoindia.com.

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Get comprehensive stock market today update on January 8, 2026, with detailed Nifty & Sensex performance, sectoral trends, and market outlook.

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