Monday, January 12, 2026: Market likely opens flat to positive with Gift Nifty signaling muted start amid strong US record highs (S&P 6,966 +0.65%) but Friday’s 5th straight D-St loss (Nifty <25,700) sets cautious tone. Key levels Nifty 25,700 support/26,000 resistance, heavy results day TCS/HCLTech action dominates; FIIs net sell ₹3,609 Cr countered by DII ₹5,341 Cr buying continues support.
Global Market Overview
US Markets (Fri close): S&P 500 +0.65% record 6,966, Nasdaq +0.82% 23,671, Dow +0.48% 49,504 – chipmakers Broadcom rally offset weak jobs data, Fed cuts pricing intact.
Asia (Mon): Mixed – Japan trade data, India record-low inflation, South Korea rate decision; China stimulus digestion.
Gift Nifty: Muted ₹24,571-24,736 range (prev ₹24,655) flat Nifty open expected.
Key Levels to Watch
Nifty 50: Support 25,700 (psychological + 50DMA), 25,650 gap; Resistance 26,000, 26,150. Range 25,700-26,000 likely.
Bank Nifty: Support 54,500-54,800, Resistance 55,500.
Sensex: 80,000 support, 81,000 resistance. Volatility expected results reaction.
FII/DII Activity (Latest Jan 9)
FII Cash Net SELL ₹3,609 Cr (₹10,851 buy/₹14,460 sell), DII Net BUY ₹5,341 Cr (₹17,108 buy/₹11,767 sell). DIIs absorbing FII selling 5th day – support intact.
Stocks in Action Today
Results Heavyweights:
TCS (Q3 post-market Jan 12) – seasonality revenue beat expected.
HCL Tech (Q3) – margin lift software deals.
Avenue Supermarts (DMart) Q3 PAT ₹855 Cr +18%.
IREDA Q3 PAT ₹585 Cr +38% reaction continuation.
Anand Rathi Wealth, Maharashtra Scooters etc. 17+ companies.
Other Focus: M&M, Signature Global, NTPC (CNG facility), PSU banks, Oil&Gas outperformers Friday.
Market Flow Expectation
Opening: Flat 25,750-25,850 range.
Morning: TCS/HCL pre-result positioning volatility.
Afternoon: Results reaction + US CPI eve caution.
Bias: Mild positive DII support counters FII selling; IT/results names lead. Volatility VIX elevated.
News Flow Stocks
TCS/HCLTech Q3 focus. IREDA Q3 beat continuation. DMart Q3 +18% PAT reaction. NTPC ₹10K Cr CNG plant. M&M updates.
Disclaimer
Educational overview – NO trading advice. High volatility results day. Independent analysis essential. Past ≠ future.