5 January 2026, 15:53  India: Sensex Starts Week on Lower Note.

India's BSE Sensex closed about 0.4% down at 85,439.6 on Monday, after hitting record highs on Friday, on mounting geopolitical concerns following the US military action in Venezuela. Traders also remained cautious over the potential for additional US tariffs following comments from US president Donald Trump, who said that Washington could swiftly raise tariffs on Indian goods if India fails to scale back its purchases of Russian oil. Tech names including Infosys (-2.1%), HCLTech (-2.1%) and Tech Mahindra (-0.8%) underperformed ahead of quarterly results and after brokers warned of an uneven sector recovery and potentially soft quarterly results. Financials also weighed, with HDFC Bank slipping 2.2% after December-quarter data showed loans outpacing deposits. On the upside, BEL (2.6%), Hindustan Unilever (1.6%) and Tata Steel (1.6%) advanced the most.

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