Indian stock markets fell sharply on Tuesday, 20 January 2026, with major indices hitting their lowest levels in over two months. The BSE Sensex dropped 1,065.7 points to 82,180.47, while the Nifty 50 slipped 353 points to 25,232.50, reflecting broad-based selling across sectors.
While defensive and some large-cap stocks like ITC and Tata Capital managed gains, several heavyweights suffered steep losses. Sun Pharma and Eternal shares fell around 3–4%, dragging the indices lower. Mid-cap and small-cap stocks also saw widespread declines, and only a few counters provided support.
Foreign investors continued to withdraw funds, adding to the pressure. The Indian rupee weakened against the dollar, raising concerns about currency risk. Technical levels for Nifty were breached, signaling market vulnerability and prompting investors to reduce exposure.
Global cues also weighed on sentiment. European markets retreated, and U.S. futures, including the S&P 500 and Nasdaq, were down, reflecting risk-averse investor behavior worldwide.
Analysts note that the combination of foreign outflows, weak corporate results, and global volatility drove Tuesday’s market slide. Investors are now closely watching upcoming earnings and macroeconomic data for signals on market direction.