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NSE:BALAMINES 8 January 2026

Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Indian shares slipped again on Thursday, with the Nifty 50 down 0.18% at 26,093.35 and the Sensex off 0.13% at 84,847.3 by 9:55 a.m. local time, as tariff worries and foreign fund selling kept risk appetite thin. Reuters The move matters because investors are heading into a key stretch of quarterly results while the market’s biggest driver has drifted back to geopolitics. Traders are watching New Delhi’s negotiations with Washington, after U.S. President Donald Trump warned of higher tariffs on Indian goods over India’s Russian oil purchases.

Stock Market Today

  • Apple's Foldable iPhone Set for Scarce Q3 Supply, $2,300+ Price, Analyst Says
    July 7, 2026, 9:04 AM EDT. Apple Inc. (NASDAQ:AAPL) is getting ready to debut its first foldable iPhone in Q3, but initial shipments will likely run just 0.5 million to 1 million units. That's compared to the 20-22 million shipments forecast for iPhone 18 Pro. Pricing is steep at $2,300 to $2,500. That would put total retail sales between $1.15 billion and $2.5 billion, but this launch shapes up as a scarcity play, not a mass-market push. Analyst Ming-Chi Kuo points to the iPhone X's launch approach, where limited supply drove fast sellouts even at higher prices. Meanwhile, firmer DRAM and NAND prices are crimping margins. TrendForce sees Q3 DRAM jumping up to 18%, NAND up 15%, likely to squeeze smartphone pricing. Over in China, smartphone shipments dropped 13% from a year ago. Apple saw a 9% decline, but it moved up to second in market share after using incentives to push iPhone 17 Pro sales.
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