Indian markets likely to open on a cautious, range-bound note today after yesterday’s holiday closure, tracking mixed global cues and ongoing earnings season volatility. Gift Nifty signals flat-to-weak start while persistent FII selling weighs sentiment despite DII support.
Global Bazaar Mood
Asian markets mixed with Australia, South Korea, Hong Kong edging higher while China, Singapore, Malaysia lower amid US geopolitical tensions including Trump remarks on Greenland and Middle East unrest. Wall Street closed lower led by Nasdaq decline with S&P 500 gains providing limited support; oil rises on supply concerns.
Gift Nifty Chaal
Gift Nifty futures indicate subdued opening around 25,693 (0.05% up from prior close) with highest call writing at 26,000 and put writing 25,000 signaling range-bound action between 25,000 support and 26,000 resistance.
Aaj Ka Market Outlook
Range-bound consolidation expected with Nifty 25,000 crucial support and 26,000 resistance; Bank Nifty range-bound around 59,400-59,500 awaiting breakout. Volatility elevated via rising India VIX with FII outflows (₹1,500 Cr net sell) offset by DII buying. Earnings reactions dominate amid stock-specific moves.
Aaj Ki Key News
Markets reopen post-holiday with FII selling overhang (7th straight session); US-India trade uncertainty persists. Sector rotation favors mid/smallcaps selectively while IT, Realty, Auto face pressure from demand concerns. Oil gains support energy names.
Stocks in Action
Earnings Focus: Reliance Industries (RIL), Tech Mahindra, Wipro, Infosys, Polycab, L&T Finance, Tata Technologies, Angel One, Zydus Lifesciences, Federal Bank.
Other Movers: Godrej Properties (Q3 bookings +55% YoY ₹8,431 Cr), BHEL (Vande Bharat transformers), RailTel, Sobha, Biocon (QIP complete), Bharat Coking Coal (IPO listing Jan 19), RBL Bank, UPL (top picks).
Companies Ke Results
Major Q3 declarations: Reliance Industries (RIL), Infosys, Wipro, Tech Mahindra, Angel One (profits -8.75%), Polycab India, Zydus Lifesciences, Swaraj Engines (+32% profits), Federal Bank, L&T Finance, Tata Technologies among heavyweights driving volatility