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Bharat Coking Coal IPO: LIC, Societe Generale Among Investors in Rs 273 Crore Anchor Round

  • The BSE Sensex fell by 780.18 points, closing at 84,180.96, marking its largest drop in over four months, due to market pressure from foreign institutional investors and concerns over US tariffs on Russian oil imports.
  • The tariff dispute between India and the United States escalated as US President Donald Trump approved legislation allowing a 500% tariff on countries importing Russian oil.
  • Broad selling pressure was evident with 3,225 stocks declining against 992 advancing on the BSE, reflecting a negative market breadth amidst rising crude prices and geopolitical tensions.
  • Market analysts predict continued market pressure amid geopolitical tensions and an upcoming earnings season as investors await clarity on trade and tariff concerns.
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  • 83% of the sources lean Right
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Moneycontrol broke the news in India on Thursday, January 8, 2026.
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