Market News

4 min read | Updated on January 20, 2026, 16:15 IST
SUMMARY
The NIFTY 50 fell by 353 points or 1.38% to close at 25,232.50. Meanwhile, the SENSEX plunged 1.065.71 points or 1.28% to settle at 82,180.47.
Stock list

Only three shares on the NIFTY50 index made it onto the top gainers list on January 20, 2026. | Image: Shutterstock
The Indian benchmark indices, SENSEX and NIFTY50, plunged on Tuesday, January 20, as rising geopolitical tensions dampened investor sentiments.
Globally, equity markets were trading in the red after US President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries, which provoked a backlash from important trading partners that invest heavily in the US.
On Monday, the foreign institutional investors (FIIs) sold shares worth ₹3,262.82 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹4,234.30 crore on a net basis, according to exchange data.
The NIFTY50 index posted its worst trading day in more than nine months as the index dropped as much as 414 points or 1.6% to an intraday low of 25,171, and the 30-share SENSEX declined as much as 1,236 points to a session’s low of 82,010.58
The NIFTY 50 fell by 353 points or 1.38% to close at 25,232.50. Meanwhile, the SENSEX plunged 1.065.71 points or 1.28% to settle at 82,180.47.
Bajaj Finance dragged the NIFTY50 index, slipping 4.18%. It was followed by Eternal (-4.11%), Jio Financial Services (-4.11%), Adani Enterprises (-3.79%) and Coal India (-3.29%), which were among the top losers on Tuesday.
On the other hand, only three shares on the NIFTY50 index made it onto the top gainers list, including Tata Consumer Products (0.34%), HDFC Bank (0.26%) and Dr. Reddy's Laboratories (0.01%).
NSE’s NIFTY Midcap 100 gauge fell by 2.62% or 1,562.30 points to close at 58,085.35 on January 20.
The index was weighed down by selling in the shares of UPL, which lost 8.15%. The other laggards were Oberoi Realty (-7.69%), KEI Industries (-6.17%), Godrej Properties (-5.95%) and Prestige Estates Projects (-5.83%).
Oberoi Realty posted a 0.69% year-on-year (YoY) growth in its consolidated net profit to ₹622.64 crore during the quarter under review, compared to ₹617.82 crore in the third quarter of the 2024-25 financial year (Q3FY25). On a sequential basis, its net profit fell 18.03% quarter-on-quarter (QoQ) from ₹759.46 crore in the September quarter of the current fiscal year.
“The Government of India has implemented four new Labour Codes ("Codes"). including the Code on Wages, 2019, with effect from 21st November 2025. The Group has carried out an actuarial valuation as on 31 st December 2025, considering a uniform definition of "wages" as per the Codes on Wages and recorded additional obligation of ₹2.306 lakhs, which has been disclosed as an exceptional item in the results for the quarter and nine months ended 31st December 2025,” it said in a regulatory filing on Monday.
On the flip side, just three stocks of the Midcap 100 index were on the top winners list, comprising Bharti Hexacom (0.29%), Mankind Pharma (0.13%) and MRF (0.11%).
The NIFTY Smallcap 100 index declined by 2.85% or 489.65 points to close at 16,701.05.
Its top losers included Newgen Software Technologies, which ended 15% lower, and touched a fresh 52-week low of ₹617.55 per unit during Tuesday’s trading session, after reporting a 29.42% year-on-year (YoY) decline in its consolidated net profit at ₹62.82 crore in Q3FY26.
In the corresponding period of the previous fiscal year, it had clocked a profit of ₹89 crore, dragged by unallocated expenditure, including the impact of the labour codes amounting to ₹35.1 crore (or ₹3,509.78 lakh), it said in a regulatory filing.
Data Patterns (-8.99%), Ola Electric Mobility (-8%), IFCI (-7.51%) and Jyoti CNC Automation (-7.42%) were among the other top losers.
Shares of Ola Electric fell after Harish Abichandani resigned from the position of Chief Financial Officer (CFO), with effect from the close of January 19, 2026.
Its board of directors also approved the appointment of Deepak Rastogi as the Chief Financial Officer, who will also be a Key Managerial Personnel and a part of the Senior Management Personnel, with effect from January 20, 2026.
On the contrary, Jindal Saw (3.74%), Five-Star Business Finance (0.77%), The Ramco Cements (0.24%) and Cyient (0.08%) were the top gainers.
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