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Additional tariff threats drag Nifty to end below 25,900 level

08 Jan 2026 Evaluate

Extending losing streak for fourth straight session, Indian equity benchmark -- Nifty -- ended lower on Thursday. Index made negative start and extended its losses amid reports stating that US President approved a bill that threatens to raise tariffs on countries buying energy products from Russia to at least 500 per cent. Meanwhile, persistent foreign institutional investors (FIIs) outflow dampened investors sentiments. As per exchange, FIIs sold equities worth Rs 1,527.71 crore on Wednesday. In afternoon session, market intensified its losses and continued its southward journey till the end of the session. Market participants overlooked External Affairs Minister S Jaishankar’s statement that India is strengthening its relationship with Europe and both sides can bring greater stability to the international economy and global politics. Finally, Nifty ended below 25,900 mark.

All sectorial indices ended in red. The top gainers from the F&O segment were Dixon Technologies (India), IDFC First Bank and Solar Industries India. On the other hand, the top losers were Bharat Heavy Electricals, Hindustan Zinc and Hitachi Energy India. In the index option segment, maximum OI continues to be seen in the range of 25900 - 26100 calls and 25900 - 26100 puts indicating this is the trading range expectation.

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