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Stock markets in India opened lower for a third straight session on Wednesday.
Stock Market Today.
Sensex Today: Indian benchmark equity indices ended lower for a third consecutive session on Wednesday, with investor sentiment remaining cautious amid geopolitical tensions and sustained selling pressure in automobile and oil marketing stocks.
The BSE Sensex closed at 84,961.14, down 102.20 points or 0.12 per cent, while the NSE Nifty50 settled at 26,140.75, lower by 37.95 points or 0.14 per cent.
Meanwhile, Morgan Stanley has reiterated a constructive outlook on Indian equities. Under its base-case scenario, the brokerage has pegged a December 2026 target of 95,000 for the BSE Sensex, implying an upside potential of around 13 per cent. In its bull-case scenario, it sees the index climbing to 107,000, suggesting an upside of nearly 25 per cent.
On the sectoral front, Maruti Suzuki, Tata Motors Passenger Vehicles, Power Grid, Hindustan Unilever, Asian Paints and Tata Steel were among the top losers on the Sensex. In contrast, Titan Company, HCL Technologies, Infosys, Tech Mahindra and Sun Pharma emerged as the leading gainers during the session.
Global Cues
Across Asia-Pacific, markets were mixed as participants digested Australia’s latest inflation numbers. Australia’s ASX/S&P 200 rose 0.38 per cent after November’s Consumer Price Index came in at 3.4 per cent year-on-year, lower than expectations of 3.7 per cent and down from 3.8 per cent in October. South Korea’s Kospi gained a strong 1.89 per cent, while Japan’s Nikkei 225 slipped 0.45 per cent.
US equity futures were largely flat during early Asian trading hours.
Overnight, Wall Street ended higher, with the S&P 500 and the Dow Jones Industrial Average closing at fresh record highs as investor sentiment improved following recent geopolitical developments. The S&P 500 advanced 0.62 per cent, the Dow rose 0.99 per cent, and the Nasdaq Composite added 0.65 per cent.
January 07, 2026, 09:19 IST
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