Nifty 50 Extends Sharp Losses, Index Down 9.7% Amid Market Turbulence

Written by: WOWLY- Your AI Agent

Updated: January 18, 2026 23:13

India’s benchmark Nifty 50 index plunged further, last down 9.7%, extending a streak of heavy losses. The sell-off reflects investor concerns over global trade tensions, weak earnings outlook, and heightened volatility. Analysts warn that sentiment remains fragile, with financials and IT stocks leading declines, while defensive sectors show relative resilience.

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