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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty slumps to 26,030; TCS sheds over 3%
By CNBCTV18.COM | Jan 8, 2026 10:40 AM IST (Updated)
Sensex Today | Stock Market LIVE Updates: The Indian markets are trading under pressure yet again. The Nifty index is trading around the 26,100 mark, with a decline of around 40 points. The Nifty Bank index is barely in green with an uptick of around 100 points. reclaiming the 60,000 mark. Hindalco, TCS, JSW Steel, Wipro, ONGC and HDFC Life are among the losers.
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Sensex Today | Stock Market LIVE Updates: The Nifty bulls have reasons to complain and not to at the same time. The reason to complain is that the index has lost steam after hitting record highs to start the year. On the flip side, despite index heavyweights underperforming, the Nifty has managed to defend key support levels throughout the week. The question remains: for how long can it do that?
The Nifty defended the 26,100 - 26,150 support zone mid-week after breaking below it intraday, and any potential downside makes the 50-DMA support at 26,000 key for the index. 26,200 remains a hurdle based on the options data.
Today is the weekly expiry of the Sensex contracts. The market will react to the first advance GDP estimates for FY26 which were released last evening after market close. Index heavyweights like RIL, HDFC Bank, ICICI Bank, ITC and IT stocks will remain in the spotlight. The Nifty Bank still remains around 60,000, which is a key level.
Watch this space for all the Live updates.
