Indian equity benchmarks kicked off the trading session on Monday, January 5, 2026, on a negative note, succumbing to selling pressure primarily from information technology companies. The market opening reflected cautious sentiment among investors at the start of the new trading week.
Key Indices Register Early Losses
The bellwether index, the 30-share BSE Sensex, witnessed a decline of 125.96 points, settling at 85,636.05 in early trade. Mirroring this downward trend, the broader 50-share NSE Nifty was not immune, dipping by 30.95 points to trade at the 26,297.60 level.
Information Technology Sector Appears as Primary Drag
Early market analysis pointed to underperformance in the IT sector as a significant factor contributing to the indices' fall. Shares of major technology firms were trading lower, pulling down the overall market sentiment. This sectoral weakness comes amid ongoing global economic assessments and client spending reviews that often impact the performance of India's prominent IT export companies.
Market Context and Investor Outlook
The decline follows the previous week's market activity and sets the tone for the first full trading week of January 2026. Market participants are likely monitoring a mix of domestic and international cues, including corporate earnings expectations, global interest rate trajectories, and macroeconomic data. The early trade movement highlights the sensitivity of Indian markets to sector-specific headwinds, even as broader economic fundamentals remain in focus. Analysts suggest that investor attention will now shift to mid-session recovery attempts and the performance of other heavyweight sectors to offset the initial IT-led drag.
