Indian equity benchmarks traded lower in midday deals on January 23, with selling pressure visible across several heavyweight Nifty 50 stocks. At the time of writing, the Nifty was down 0.31%, while the Sensex declined 0.35%, reflecting broad-based weakness in the market.
Among the sharpest laggards was Eternal, which slipped 4.3% to Rs 264, marking the steepest fall among Nifty 50 constituents.
InterGlobe Aviation also featured prominently on the losers’ list, falling 3.2% to Rs 4,753 in midday trade. Shares of Adani Enterprises declined 3.0% to Rs 2,023, adding to the broader weakness seen across select Adani group stocks during the session.
Jio Financial Services traded 2.3% lower at Rs 256.5, while Adani Ports and Special Economic Zone also slipped 2.3% to Rs 1,381.5 by midday.
In the banking space, Axis Bank eased 2.0% to Rs 1,269. Auto major Maruti Suzuki India was down 1.7% at Rs 15,493.
Infrastructure and power stocks also traded lower, with Power Grid Corporation of India falling 1.7% to Rs 254.9 and Larsen & Toubro declining 1.6% to Rs 3,732.2. Meanwhile, Coal India slipped 1.6% to Rs 416.7 in midday trade.
Note: Market data changes rapidly during trading hours. These figures are based on snapshots around midday; check live sources like NSE India.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.