Stock Market Outlook Today, Jan 7, 2026: Sensex, Nifty Likely to Trade Range-Bound; IT, Pharma Stocks in Focus

Sectoral performance remained mixed. IT, pharmaceuticals, PSU banks, and metal stocks outperformed the broader market, gaining between 0.3 percent and 1.7 percent on the back of selective buying and strong quarterly business updates. In contrast, infrastructure, media, oil & gas, and capital goods stocks witnessed notable selling pressure, with indices declining 0.6-1.6 percent due to profit booki

Jan 7, 2026 - 07:00
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Stock Market Outlook Today, Jan 7, 2026: Sensex, Nifty Likely to Trade Range-Bound; IT, Pharma Stocks in Focus
Sectoral performance remained mixed. IT, pharmaceuticals, PSU banks, and metal stocks outperformed the broader market, gaining between 0.3 percent and 1.7 percent on the back of selective buying and strong quarterly business updates. In contrast, infrastructure, media, oil & gas, and capital goods stocks witnessed notable selling pressure, with indices declining 0.6-1.6 percent due to profit booki

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