New Delhi, Jan. 9 -- The Indian stock market slipped further into the red as selling extended to the fifth consecutive trading session on Friday, January 9, with the Nifty 50 falling 0.80% to the day's low of 25,665. Over five days, the index has cumulatively lost 663 points, or 2.5%, setting up its worst weekly decline in more than three months.

Investor confidence in Asia's third-largest economy took a hit amid fears of fresh US tariffs on Indian imports, escalating geopolitical tensions, and renewed bouts of FPI selling, causing local equities to underperform their Asian peers in early January.

Although Indian equities began the year on a firm note, with the Nifty 50 scaling a fresh record high of 26,273, optimism quickly faded follo...