Indian Stock Market Ends Slightly Lower Amid Global Uncertainties and Technical Support Test

The Indian stock market ended marginally lower on 16 January 2026 amid cautious sentiment driven by global macroeconomic and geopolitical concerns. Uncertainty over U.S. trade and tariff developments, escalating unrest in Iran, and potential U.S. military intervention heightened risk aversion. The Nifty 50 index closed slightly below the 25,670 level, near a key technical support at the 100-day moving average, reflecting a cautious market awaiting fresh triggers such as the upcoming U.S. Supreme Court ruling on tariffs. Sector performance was mixed, with metals and oil and gas showing resilience while FMCG, IT, and autos faced weakness.