Share market in India extends losses:Investors cautious ahead of US Supreme Court’s big verdict on legal implications of Trump tariffs

The Indian stock market is down on the last trading day of the week, Friday January 9, 2026. Sensex is trading at 84,000 level, down by 150 points. Nifty is also down by 50 points. It is trading at the level of 25,830. In today’s trading, realty and pharma stocks have seen the maximum decline. Nifty’s realty index is down about 2.50%. While the pharma index is trading 1% lower. Meanwhile, IT stocks are showing strength. Nifty IT index is up 0.30%. US Supreme Court’s decision on Trump’s global tariff today The US Supreme Court may announce its verdict today on the validity of global tariffs imposed by US President Donald Trump. This decision is bound to affect stock markets worldwide, so investors are on alert mode. Additionally, non-farm payroll and unemployment figures are also being released in the US today, which will indicate the Federal Reserve’s next steps. Mixed trend in Asian and American markets IREDA and Tejas Networks quarterly results to be announced Third quarter (Q3) company results have started coming in. Along with government company IREDA, companies like Tejas Networks, Globus Spirits and Triton Corp will release their quarterly results today. These stocks may see movement based on the results. Bharat Coking Coal’s IPO opens today In the mainline segment, ‘Bharat Coking Coal’ (BCCL) IPO opens for the general public today. Also, in the SME segment, Deferral Technologies’ IPO will open today. Foreign investors again sold shares worth ₹2,544 crore Surge in crude oil prices, Brent crude up by more than 3% Crude oil prices are rising in the commodity market today. Brent crude has reached $62 per barrel with a jump of more than 3%. Meanwhile, US crude (WTI) is also trading above $58, up by 0.87%. However, prices may decline in the coming days. Expert View: Advise to exercise caution for now Market experts say that Nifty breaking the 25,900 level is a weak signal. The pressure may continue until the market rises above this level again. Don’t buy too aggressively right now and wait for global market signals. Sectors like IT and metal may continue to see volatility.