Subdued quarterly results, persistent weakness in the rupee and an unabated outflow of foreign capital from Indian equities further unnerved market participants, traders said. A deterioration in global risk appetite triggered a broad risk-off mood across equity markets worldwide, leading investors to rotate into safe-haven assets such as gold and silver. ADVERTISEMENTReflecting the cautious sentiment, the 30-share BSE Sensex declined 324.17 points, or 0.39 per cent, to close at 83246.18. Going ahead, markets are expected to trade sideways, tracking global cues and ongoing earnings, while any escalation on the geopolitical front would remain a key overhang,” he added. With the Q3 earnings season progressing, stock-specific volatility is likely, particularly where performance has been mixed, said Vinod Nair, head of research, Geojit Investments.

Source: The Telegraph January 20, 2026 02:39 UTC