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India’s benchmark indices traded lower on January 13, 2026 at 2:28 PM IST. The Nifty 50 fell 0.63% to 25,627.85, while the Nifty Auto index dropped 1.03% to 27,723.65, and the Nifty Pharma index shed 1.06% to 22,428.35, reflecting sectoral weakness amid profit-booking.
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Indian equities witnessed a downturn in afternoon trade on Tuesday, with broad-based selling pressure across key sectors.
Key Highlights
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Nifty 50 Index: The benchmark slipped 162.40 points (0.63%) to 25,627.85, weighed down by weakness in banking and IT heavyweights.
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Nifty Auto Index: Sectoral losses deepened as the index fell 288.10 points (1.03%) to 27,723.65, reflecting profit-booking in auto majors.
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Nifty Pharma Index: Pharma stocks also came under pressure, with the index declining 240.10 points (1.06%) to 22,428.35, amid muted investor sentiment.
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Market sentiment: Analysts attribute the decline to cautious trading ahead of U.S. inflation data and corporate earnings season.
Market Context
Despite the pullback, experts view the correction as a healthy pause after recent highs. Sectoral rotation remains evident, with FMCG and energy stocks showing resilience. Broader outlook remains constructive, supported by strong domestic demand and steady foreign inflows.
Sources: Live market data from Nifty 50 Index, Nifty Auto Index, Nifty Pharma Index.
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