Market News

4 min read | Updated on January 19, 2026, 16:19 IST
SUMMARY
The 30-share BSE SENSEX declined by 324.17 points or 0.39% to settle at 83,246.18, while the 50-share NSE NIFTY dipped 108.85 points or 0.42% to end at 25,585.50.
Stock list

Eternal (-2.87%), Tata Motors PV (-2.84%), and Max Healthcare Institute (-2.51%) were also among the top losers on Monday. | Image: Shutterstock
The Indian benchmark indices, SENSEX and NIFTY50, closed in negative territory on Monday, January 19, amid selling in realty and media stocks, and a weakness in index heavyweights Reliance Industries and ICICI Bank. Furthermore, persistent FII outflow also dampened investor sentiments.
On Friday, the foreign institutional investors (FIIs) sold shares worth ₹4,346.13 crore, while the domestic institutional investors (DIIs) bought equities worth ₹3,935.31 crore on a net basis, according to exchange data.
The 30-share BSE SENSEX declined by 324.17 points or 0.39% to settle at 83,246.18, while the 50-share NSE NIFTY dipped 108.85 points or 0.42% to end at 25,585.50.
Shares of Wipro dragged down the NIFTY50 index, closing 8.21% lower, after the Q3FY26 earnings and guidance soured investor sentiment. The earnings performance was also below that of the industry peers like TCS and Infosys.
Wipro reported weak bottom-line (net profit) growth on account of higher provisioning for labour costs due to the new labor code. The company’s net profit fell 7% YoY to ₹3119 crore. The company’s revenue for the quarter advanced 5.5% annually to ₹23,556 crore in the October-December period from ₹22,319 crore in the year-ago period.
Additionally, the company revised its revenue guidance to up to 2% for the upcoming quarter. The press release read, “We expect revenue from our IT Services business segment to be in the range of $2,635 million to $2,688 million*. This translates to sequential guidance of 0% to 2.0% in constant currency terms.”
It was followed by selling in Reliance Industries (-3.07%), as the Billionaire Mukesh Ambani-backed company reported a 0.57% increase in its net profit to ₹18,645 crore in the third quarter of the current financial year (Q3FY26) from ₹18,540 crore in the same period last year.
Reliance Industries' revenue from operations advanced 10.5% to ₹2,69,496 crore in the October-December period compared with ₹2,43,865 crore in the year-ago period.
Eternal (-2.87%), Tata Motors PV (-2.84%), and Max Healthcare Institute (-2.51%) were also among the top losers on Monday.
On the other hand, InterGlobe Aviation closed in the green (4.16%). It was followed by Tech Mahindra (2.39%), Hindustan Unilever (2.29%), Kotak Mahindra Bank (2.22%) and Maruti Suzuki India (2.04%), which were among the top gainers.
Tech Mahindra reported a 14.12% annual surge in its consolidated net profit to ₹1,122 crore in the third quarter of FY26, compared to ₹983.2 crore it logged in the year-ago period, it said in a regulatory filing on Friday.
The company’s revenue from operations saw an 8.34% year-on-year (YoY) increase to ₹14,393.2 crore during the quarter under review, as against ₹13,285.6 crore in the December quarter of the 2024-25 fiscal year (Q3FY25).
NSE’s NIFTY Midcap 100 gauge fell 0.37% or 220.15 points to close at 59,647.65 on January 19. The index was weighed down by selling in the shares of Godrej Properties, which lost 5.25%.
The other top laggards included BSE Ltd (-3.16%), Motilal Oswal Financial Services (-3.16%), YES Bank (-3.11%) and Oil India (-3.04%).
On the flip side, Polycab India (4.13%), PB Fintech (3.77%), Hitachi Energy India (3.61%), Bank of India (3.47%) and Colgate Palmolive (3.47%) were among the top winners.
The NIFTY Smallcap 100 index ended 0.99% or 171.60 points lower at 17,190.70.
The index was dragged down by Mangalore Refinery and Petrochemicals (-5.59%), HBL Engineering (-5.41%), Aster DM Healthcare (-4.90%), Triveni Turbine (-4.75%) and Tejas Networks (-4.62%), which were among the top losers.
On the contrary, Jindal Saw (15.48%), Welspun Corp (6.81%), Mahanagar Gas (3.06%), IIFL Finance (2.74%) and IFCI (2.24%) were also among the top gainers.
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