The Indian equity benchmarks settled lower for 4th day in a row on Thursday, January 8, 2026, as geo-political tensions continued to weigh heavily on investor sentiment. Nifty dipped below the 26,000 mark, down 1.07%. Similarly, Sensex closed on a weaker note at 84,180.96 points. Since the US raid, the 30-constituent index has lost 1,580 points. Trump greenlights Russian Sanctions Bill: The US President Donald Trump has given his green light to the bipartisan Russian Sanctions Bill, which empowers America to levy 500% tariffs on India, Brazil and China over the purchase of Russian crude. Bharat Coking Coal IPO opens tomorrow Coal India subsidiary Bharat Coking Coal Limited (BCCL) IPO will open tomorrow on January 9th. The issue will remain open till January 13. The company aims to raise Rs 1,071.11 crore through this. Asian shares mostly trade lower On January 7, DIIs bought shares worth ₹2,992 crore Markets declined on Wednesday Earlier on January 7, the stock market saw a decline. Sensex closed at 84,961 with a fall of about 102 points. Nifty also declined by 37 points, closing at 26,140. Post navigation US to impose 500% tariffs on India?:Trump approves Russia sanctions bill, heavy penalty against countries buying oil from Moscow Silver prices fall ₹12,000 to ₹2,35,775/kg; gold slips by ₹1,232:Precious metal rates decline sharply amid profit booking
