New Delhi, Jan. 10 -- The Indian stock market saw a sharp correction during the week of January 3-9, 2026, with the Nifty 50 declining for multiple consecutive sessions after beginning the year near record highs. Sentiment weakened amid renewed concerns over potential U.S. tariff actions, persistent FII outflows, and rising global uncertainties. Profit-booking in heavyweight stocks further added to selling pressure, leading to a swift reversal from early-January optimism. The Nifty slipped below key technical levels and ended the week in the 25,700-25,900 range after steep intra-week declines. Overall, the week reflected a clear shift towards risk aversion and cautious market positioning.

Mehul Kothari, Deputy Vice President of Technical...