On Tuesday, the Indian equity market closed in the red. Nifty 50 opened at 25,580.30, reaching a high of 25,585.00 and closing at 25,232.50, down by 1.38%. Similarly, the BSE Sensex opened at 83,207.38, reached a high of 83,254.28, and ended at 82,180.47, down by 1.28%.Reasons for the negative sentimentThe following are the reasons for the negative sentiment:Negative cues from the U.S and European markets amid ongoing geopolitical tensions between the U.S and European nations over Greenland.Continuous Foreign fund outflows from the Indian markets.Mixed December-quarter earnings affected market sentiment.The rupee dropped by 8 paise to 90.98 against the US dollar.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,232.5025,585.50-1.38%BSE Sensex82,180.4783,246.18-1.28%Next 5067,110.9068,693.90-2.30%Bank Nifty59,404.2059,891.35-0.81%Fin Nifty27,200.6027,518.95-1.16% Nifty and Sensex traded in the red, dragged down by the IT and Finance stocks.Nifty Next 50 traded in red, dragged down by IT, Real Estate, and Power stocks.Nifty Bank traded in the red following declines in PSU Bank stocks amid selling pressure after the CASA ratio dropped.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT38,101.0538,902.50-2.06%Nifty Auto26,948.1027,632.45-2.48%Nifty FMCG51,713.0052,489.95-1.48%Nifty Pharma21,714.3022,136.25-1.91%Nifty Healthcare13,993.6514,300.35-2.14%Nifty Oil & Gas11,372.2511,564.75-1.66% Nifty IT traded in the red amid selling pressure in midcap IT stocks like LTI and Mindtree, following cautious analyst views post quarterly earnings.Nifty Auto and Nifty FMCG traded in red amid profit booking after the recent rally.Nifty Pharma and Nifty Oil and Gas continued to trade in the red, dragged by negative market sentiment.Market Movers Today Hindustan Zinc shares rose by 5% after brokerages such as HSBC, Jefferies, Citi, and Nuvama issued positive notes on the Vedanta Group company following its Q3 FY26 results.LTI Mindtree shares dropped by 6% after analysts from Nomura and Citi flagged concerns around margins and near-term earnings following the company’s Q3 FY26 results.Ola Electric Mobility shares dropped by 7% after the company’s chief financial officer (CFO), Harish Abichandani, resigned from the role.Deepak Nitrite shares rose by 5.8% after the company’s subsidiary, Deepak Chem Tech, commissioned its Nitration and second Hydrogenation Plant at the Dahej district of Gujarat.Top Gainers Company NameLTPPrev CloseChangeHindustan Zinc680.75660.403.08%Dalmia Bharat2,191.402,157.101.59%Tata Consumer Products1,185.001,180.200.41%HDFC Bank931.20927.900.36%Mankind Pharma2,124.302,117.200.34% Top Losers Company NameLTPPrev CloseChangeOberoi Realty1,523.801,654.90-7.92%UPL723.45787.15-8.09%Havells1,346.301,447.10-6.97%LTI Mindtree5,976.506,407.00-6.72%Prestige Estate Projects1,424.601,505.80-5.39% 52W High Stocks Company NameLTP52W highChangeState Bank of India1,036.401,052.00-0.19%Tata Capital358.45367.30-0.50%Bank of India159.75165.33-2.02%South Indian Bank43.4445.62-3.68%Sri Adhikari Bros. Tele Network2,188.702,219.903.47% 52W Low Stocks Company NameLTP52W lowChangeABB4,691.504,673.00-3.58%Lodha Developers979.30971.80-6.20%Indian Hotels Company645.50641.35-3.42%LG Electronics1,356.701,340.00-1.04%Siemens Energy2,269.402,229.80-2.05% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea10.1310.59-4.34%Yes Bank21.7022.76-4.66%Eternal269.60281.35-4.18%Suzlon Energy46.3447.98-3.42%Punjab National Bank125.77128.05-1.78% IPOsShadowfax Technologies IPO opened today and will close on 22nd January 2026. The price band is set at ₹118 to ₹124 per share.Market AnnouncementsHavells India shares dropped by 3% after the company reported a net profit of ₹300.78 crore for the quarter, below Bloomberg’s estimate of ₹344.1 crore.Tips Music shares rose by 11% after the company reported consolidated net profit of ₹58.65 crore, up by 32.63% YoY.