Stock market today, Jan. 23 -- The domestic benchmark indices, Nifty 50 and Sensex, dipped slightly in the afternoon trading session, with both key indices falling into negative territory. Investor sentiment remains hesitant as they monitor global developments and seek more clarity on domestic factors, resulting in a range-bound market.

The Nifty 50 dropped 0.28% to 25,222, while the Sensex decreased by 0.35% to 82,021.20 as of 12:54 IST.

On Friday, Nifty 50 and Sensex opened somewhat higher, following the positive trend of Asian markets, as worries over geopolitical issues related to Greenland eased; however, persistent foreign selling and mixed earnings results kept the outlook cautious.

Nifty 50 wavers in early trade as bulls remain...