Heavy selling was seen in the Indian stock market on Friday, January 9, 2026 and the major indices closed with a significant decline. The market closed in the red for the fifth consecutive trading day, which is considered to be the weakest weekly performance since September 2025.

BSE Sensex fell 604.72 points or 0.72 percent to close at 83,576.24. There was pressure on Sensex throughout the day and selling became more intense in the last hour. NSE Nifty 50 fell 193.55 points or 0.75 percent to close at 25,683.30.

On weekly basis, Nifty declined by about 2.45 percent and Sensex declined by about 2.4 percent. This decline is the biggest decline since the week ending 26 September 2025.

In Friday’s trade, maximum selling was seen in shares of realty, consumer durables and auto sectors. Concerns over interest rates and demand remained dominant in realty stocks, while fears of weak consumption added pressure to consumer durables stocks. Spending and demand factors kept investors cautious in the auto sector.

The main reason for the market decline was continuous selling by foreign institutional investors. In the last few sessions, foreign investors have withdrawn money from the Indian market. At the same time, talk about the possibility of increasing tariffs by the US increased global uncertainty and reduced risk appetite in emerging markets.

The recent rise in crude oil prices also proved negative for the market. India being a major importer of crude oil, rising prices increased concerns about inflation and current account deficit. As a result, selling was seen in oil sensitive stocks of auto, paints and consumer sectors.

India VIX, an indicator of market volatility, rose 15.6 percent this week, which is the fastest increase since May 2025. The increase in India VIX indicates the possibility of more fluctuations in the market in the coming days.