On January 9, 2026, 12:45 PM IST, India’s Nifty Financial Services Index fell 0.49% to 27,716.65, dragged down by banking, NBFC, and insurance stocks. Weak global cues and foreign fund outflows pressured sentiment. Analysts expect volatility ahead of earnings season.
As of January 9, 2026, 12:45 PM IST, India’s Nifty Financial Services Index (NIFTYFIN) was trading at 27,716.65, down 136.70 points or 0.49%, according to live market data. The decline reflects cautious investor sentiment across banking, insurance, and NBFC counters amid mixed global cues.
Key Highlights
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Index Performance: NIFTYFIN fell 0.49% to 27,716.65, underperforming the broader Nifty 50, which also opened lower.
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Sectoral Pressure: Heavyweights like ICICI Bank and HDFC Bank saw selling, while select NBFCs and insurance stocks added to the drag.
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Global Influence: Renewed geopolitical concerns and volatility in U.S. markets weighed on investor confidence, prompting risk-off sentiment.
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Market Breadth: Declines outpaced advances, signaling weak participation across financial services.
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Outlook: Analysts expect near-term volatility, with defensive sectors likely to attract interest while financials remain under pressure until earnings clarity emerges.
The midday dip highlights the fragile sentiment in India’s financial sector, where global headwinds and domestic liquidity trends continue to shape investor behavior.
Sources: IndMoney – Nifty Financial Index Live Chart, Nifty Indices – Official NSE Data, NSE India – Index Performance