Indian markets seeing heavy selling in early trade today; Hindustan Copper shares down by more than 3%

Nifty and Sensex have begun the day in red, today, 8^th January, 2026. At 10:10 a.m. IST today, Nifty 50 is down by 89.40 points or 0.34%. Sensex is down by 244 points or 0.29%.  

All the broad market and sectoral indices in red at this time

All the broad market indices are in red at this time, indicating to market-wide decline. All the sectoral indices are also in red at this time. Nifty Metal index is the top loser among sectoral indices at this time. It is down by 2.28%. Many metal stocks seem to be seeing profit booking today after the sharp gains of the past few days. Nifty IT index is down by 1.14%. Nifty Oil & Gas index is down by 1.19%. ONGC shares are down by 1.21% at this time. Venezuelan oil supply is going to increase in the world market after the removal of Nicolas Maduro. This may put further downward pressure on oil prices.

Top gainers & losers

Top 3 gainers at Nifty 50 at this time are Eternal, Adani Ports, and BEL. Top 3 losers are TCS, Hindalco and JSW Steel. Eternal shares are up by 1.44% at this time. Hindustan Copper shares are down by 3.56% at this time. The stock may be seeing some profit booking today, after the sharp gains of the past few days.

Market breadth very negative at this time

Market breadth is very negative at this time. At NSE, 962 stocks are gaining at this time. 1823 stocks are declining. That is an advance-to-decline ratio of just 0.52. 40 stocks have touched 52-week high at NSE by this time today. 62 stocks have touched 52-week low by this time today.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE