Stock market fall continue: ITC, Dixon Tech, Bajaj Housing Finance among 218 stocks that hit 52-week low on NSE

NIFTY50 and SENSEX snap their 3-day winning streak to close lower on Friday, January 30, 2026. Benchmark indices are in the red again despite the upbeat Economic Survey report, which projects the Indian economy to grow between 6.8% to 7.2% in fiscal 2027, on the back of strong domestic demand.

At market closing, NIFTY50 closed 98 points or 0.39% lower at 25,320, with a day low of 25,213. Meanwhile, BSE SENSEX declined 296 points or 0.36% to close at 82,269. SENSEX hit a day low of 81,941 today.

Why are markets falling?

Domestic markets continue to remain highly volatile amid multiple factors. The recent spike in Brent crude, which now trades near $70, is a headwind for the domestic economy in general. Meanwhile, a fall in the Indian rupee has also weighed on the overall market sentiments. The Indian rupee is currently trading flat at around 91.819 against the US dollar. However, the rupee is down over 2% so far in January, heading for its worst monthly performance since September 2022.

Another key reason behind the market fall is the consistent sell-off by foreign institutional investors (FIIs). So far this month, FIIs have sold Indian equities worth ₹43,686.59 crore. FIIs will remain net sellers of Indian equities for the seventh straight month. Markets are also witnessing a sharp fall as investors turn cautious ahead of the Budget 2026 to be presented on February 1, 2026.

Broader market indices like NIFTY Midcap100 (-0.3%) and NIFTY Smallcap100 (+0.3%) are showing mixed performance. More than 218 stocks hit their 52-week low today as investors did profit booking amid weak market sentiments.

The volatility index, or India VIX, is up 3.7% to 13.88. Among NIFTY sectoral indices NIFTY Metal (-5.1%), NIFTY IT (-1.2%) and NIFTY Oil & Gas (-0.8%) were top losers, while NIFTY Media (+1.2%) and NIFTY FMCG (+0.8%) were top gainers.

Hindalco (-5.9%), Tata Steel (-4.8%), and Coal India (-3.4%) were the top three NIFTY50 losers, while Nestle India (+3.4%), Tata Consumer (+2.2%) and Apollo Hospitals (+2.1%) were among the top gainers.

Prominent stocks at 52-week low today