India Stock Market Today: Nifty Hit a Record — Then IT Stocks Pulled the Plug
Mumbai — Jan 5, 2026 — 2:03 AM ET Nifty tagged a record.India stock market today pushed the Nifty 50 up to 26,358.25 (+0.11% intraday) before sellers knocked it back toward 26,321 (down 0.02%), while the Sensex hovered around 85,665 (down 0.07%) in mid-session trade. Reuters That’s a tell.At fresh highs, traders wanted a clean breakout, but IT selling and tariff headlines out of Washington—Trump threatened higher duties tied to India’s Russian oil purchases—kept risk appetite tight. Reuters IT did the damage.Nifty IT sank about 2.5%, with HCLTech down roughly 3.3% and Tech Mahindra off about 2% after CLSA cut