Mumbai, January 13, 2026: Indian financial markets presented a mixed picture on Tuesday, with benchmark equity indices edging lower while commodities, particularly precious metals and crude oil, showed firmness amid global uncertainty.
The BSE Sensex slipped to around 83,628, while the NSE Nifty declined to near 25,732 in late trade, weighed down by cautious sentiment ahead of key global developments and selective profit-taking in frontline stocks. Market participants remained guarded, factoring in geopolitical risks and volatility across global markets.
In contrast, safe-haven assets attracted buying interest. Gold prices in Mumbai rose to approximately ₹1,44,035 per 10 grams for 24-carat gold, reflecting steady demand amid geopolitical and macroeconomic concerns. Silver prices on the MCX also strengthened, climbing to about ₹2,70,200 per kilogram, supported by short covering and improved sentiment in the commodities space.
Crude oil prices moved higher in international markets, with Brent crude trading around USD 63.23 per barrel, up nearly one per cent on the day. The uptick was driven by supply-side concerns and cautious optimism over global demand, even as broader economic uncertainty persists.
Overall, analysts said markets are likely to remain range-bound in the near term, with equities tracking global cues and commodities responding to geopolitical developments, currency movements, and risk sentiment. Investors are expected to stay selective, focusing on asset classes offering relative stability amid heightened uncertainty.
