The performance comes ahead of the Budget 2025 announcement, with Q3 earnings, foreign investors flow and global trends emerging as key triggers currently. On January 14, 2025, the market is open despite the public holiday in many states due to the celebration of Makar Sankranti 2025.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,330 level, a discount of nearly 170 points from the Nifty futures’ previous close.

The BSE Sensex was trading at 1,048.90 points ( 1.36 per cent) at 76,330.01 and Nifty lost 314.15 points (1.34 per cent) to trade at 23,117.35, on Monday. Midcap and Smallcap indices plunged 4 per cent each.

Zomato led the Sensex losers, falling 1.75 per cent to Rs 238.75. Mahindra & Mahindra, Adani Ports, HDFC Bank, Axis Paints, Tech Mahindra, Tata Steel and ITC fell over 1 per cent each.

The S&P BSE Sensex tanked 1048.90 points to end at 76,330.01, while the NSE Nifty50 tumbled 345.55 points to close the day at 23,085.95.

Indian stock markets continued their downward trend on Monday, with bears dominating the opening session. The Nifty 50 index opened under pressure, declining by over 1 per cent or 236.10 points to start at 23,

The Indian market closed lower on January 10 after a highly volatile session, with the Nifty falling below 23,350. The decline was driven by broad-based selling across sectors, except for IT stocks, which surged following TCS's better-than-expected Q3 results.

With today's fall, Sensex and Nifty have entered in a correction phase. From its 52-week high of 85,978.25 (touched in September 2024), Sensex has crashed 8,599.34 points or 10 per cent. Likewise, the Nifty 50 index has fallen 2,

The Nifty 50 ended the session with a drop of 0.54%, settling at 23,442 points, while the Sensex wrapped up the session with a drop of 0.40%, at the 77,312 level. It was the mid- and small-cap stocks that continued to be hammered by investors sharply in Friday's session.