Today’s share market’s key developments include: Biocon raised its Biologics stake to nearly 98 percent, Lemon Tree Hotels signed a licence for an 85-room Omkareshwar hotel, CESC planned ₹3,800 crore solar investments in Uttar Pradesh, while FIIs were net sellers and DIIs strong net buyers yesterday provisionally.
3:30 PM IST
Stock Market LIVE Update | Sensex rises 398 points | Nifty closes above 25,300
Indian equities ended higher, with the Sensex closing up 398 points and the Nifty holding above 25,300. Bajaj Consumer Care led gainers with a near 20% jump, followed by Rallis India, Aki India, Ujjivan Small Finance Bank, and Welspun Living. On the downside, Armour Security saw sharp losses, while IIFL Finance, Davangere Sugar, PNB Housing Finance, and Timescan Logistics declined. Adani Enterprises traded higher after announcing its Q3 results.
2:30 PM IST
Stock Market LIVE Update | Sensex jumps 400 points | Nifty trades above 25,250
Indian markets advanced as the Sensex gained 400 points and the Nifty moved above 25,250. European stocks recovered after Donald Trump dropped tariff threats linked to Greenland, easing trade-war concerns. The STOXX 600 rose 1% by morning trade. Investor sentiment improved after talks with NATO leadership. Shares of Volkswagen jumped 4.3% on strong cash-flow guidance. In India, HDFC Life Insurance Company saw a large block deal, while Zee Entertainment Enterprises posted a 5% YoY profit decline despite higher revenue.
12:30 PM IST
Stock Market LIVE Update | Sensex rises 200 points | Nifty trades above 25,200
Indian equities traded higher with the Sensex advancing around 200 points and the Nifty holding above 25,200. Billionaire Deepinder Goyal indicated he would forgo ₹1,000 crore worth of Eternal ESOPs after stepping down as CEO. Suzlon Energy shares moved higher on strong volumes following positive brokerage initiation. On the downside, Armour Security, PNB Housing Finance and IIFL Finance declined sharply. Bajaj Consumer Care, Rallis India and CreditAccess Grameen featured among the top gainers during the session.
11:30 AM IST
Stock Market LIVE Update | Sensex jumps 250 pts | Nifty above 25,200
Indian equities advanced with the Sensex gaining 250 points and the Nifty moving above 25,200. Silver prices on MCX stabilised after an earlier 4 percent drop, while gold eased as geopolitical risks cooled and the dollar firmed after comments by Donald Trump reduced safe-haven demand. Global bullion slipped despite Goldman Sachs raising its long-term gold outlook. Railway stocks stayed muted ahead of Budget 2026, while CreditAccess Grameen Ltd. surged on a Q3 profit turnaround.
10:30 AM IST
Stock Market LIVE Update | Sensex jumps 250 points | Nifty moves above 25,200
Indian equity benchmarks traded higher, with the Sensex rising around 250 points and the Nifty moving above 25,200. Armour Security (India) led losses, followed by PNB Housing Finance, Shoppers Stop, Hindustan Zinc, and IIFL Finance. On the upside, Bajaj Consumer Care and Rallis India topped gainers, along with CreditAccess Grameen, Spandana Sphoorty Financial, and Avanti Feeds. The Shadowfax IPO saw 64% overall subscription, driven by strong retail and employee participation, while institutional demand remained comparatively lower.
9:20 AM IST
Stock Market LIVE Update | Sensex jumps over 550 points | Nifty trades above 25,300
Indian markets opened strong with the Sensex jumping over 550 points and the Nifty moving above 25,300. Eternal shares climbed nearly 7% after reporting robust December quarter earnings and outlining a leadership change. PhonePe moved closer to listing as Walmart plans a partial stake sale, while Microsoft and Tiger Global plan exits. ICICI Prudential Mutual Fund announced reopening lump-sum investments in its small-cap fund from January 23. Earlier inflow limits were imposed due to valuation concerns in small-cap stocks segment.
Source: Bajaj Broking Research Desk.
GIFT NIFTY: Gift Nifty suggests a gap up opening for the Indian market amid firm global cues. We expect the index to trade in the range of 25,450-25,000.
INDIA VIX: 13.78 | +1.05 (8.25%) ↑ today
Treasury Yield:
The yield on the 10-year Treasury fell by more than 4 basis points to 4.251%.
Currency:
The dollar edged up from three-week lows, currently around 98.59.
Commodities:
Oil prices rose on Wednesday as investors assessed a temporary shutdown at two large fields in Kazakhstan. Brent futures closed at $64.93 a barrel.
Spot gold in yesterday session was up 1.6% at $4,838.91 per ounce. In today's morning session it is trading down by 0.5%.
General Trends:
Asia-Pacific markets rebounded on Thursday, tracking gains on Wall Street after U.S. President Donald Trump walked back on his threats to impose tariffs on European countries over Greenland.
Sector-Specific Indicators:
Japan’s Nikkei 225 was up 1.07%, while the broad based Topix rose 0.79%.
South Korea’s Kospi led gains in the region and briefly breached the 5,000 mark, rising 1.62%. The small-cap Kosdaq index gained 1.43%.
Market in the Previous Session:
Indian benchmark indices witnessed a highly volatile session on January 21 amid weak global cues and persistent FII selling. Volatility remained elevated due to global uncertainties, particularly around the U.S. trade deal, while USDINR hit a fresh record low of 91.74, adding to the pressure.
The Sensex declined 270.84 points (-0.33%) to close at 81,909.63, while the Nifty 50 slipped 75 points (-0.30%) to settle at 25,157.50.
Sectorally, most indices ended in the red, with Consumer Durables, Chemicals, and Private Banks leading the losses. Nifty Metal and Oil & Gas were the only sectors that offered some support.
Broader markets also remained weak, with the Nifty Midcap index falling 1.14% and the Nifty Smallcap index declining 0.90%, reflecting broad-based selling pressure.
Nifty Short-Term Outlook:
Nifty formed a high-wave candlestick pattern featuring a small real body and long upper/lower shadows. This reflects heightened intraday volatility, with buying demand emerging near the key support zone of 25,000–24,800. This area aligns with the prior breakout level and the lower band of the rising channel on the weekly timeframe.
Following a sharp 1,400-point decline over just 12 sessions, the index has entered extreme oversold territory on the daily chart. A technical pullback appears likely in the near term, with immediate resistance hurdles at 25,400-25,500.
Post the recent sharp decline. We expect some consolidation within the 25,500–24,800 range. Only a move above 25500 will open further upside towards the major breakdown area of 25,700.
Intraday Levels:
Nifty: Intraday resistance is at 25,330, followed by 25,450 levels. Conversely, downside support is located at 25,110, followed by 25,000.
Bank Nifty: Intraday resistance is positioned at 59,330, followed by 59,550, while downside support is found at 58,710, followed by 58,500.
Nifty:
Nifty violated the key 25,000 support intraday, but managed to close back above 25,000, forming a Doji candlestick — a classic sign of indecision and potential short-term reversal after a sharp move.
On the option chain, the highest call OI stands at 26,000, while the highest put OI remains at 25,000, keeping the broader structure weak despite the late recovery.
Call writers were aggressively active above 25,000, with the highest addition at 25,200, confirming 25,200 as immediate overhead resistance and likely capping any upside attempts.
Put writers were active below 25,200, indicating efforts to defend the lower band; however, put unwinding between 25,400–25,800 reflects support erosion at higher strikes and shifting of the support base lower.
Bias remains sell-on-rise, with support at 25,000 and resistance at 25,200.
Bank Nifty:
Bank Nifty continues to show a bearish derivative structure.
The highest call OI is placed at 60,000, while the highest put OI is at 58,500, defining the broader range with a negative bias.
Put writers unwound positions at 59,000 and 59,500, signalling weakening support participation.
At the same time, call writers were active between 58,500–59,500, strengthening the supply zone and keeping rebounds under pressure.
The crucial support at 58,800 was breached intraday, but the level was recaptured due to short covering in the latter half, suggesting weakness remains but downside momentum temporarily cooled.
Bias stays negative, with support at 58,800–58,500 and resistance at 59,500.
Performance Overview:
The S&P 500 closed sharply higher on Wednesday after President Donald Trump said he won’t impose tariffs on European nations after reaching a framework for a future deal on Greenland following a meeting with NATO chief Mark Rutte.
Sector-specific indicator:
The Dow Jones Industrial Average rose 588 points, or 1.2%, the S&P 500 index gained 1.2%, and the Nasdaq Composite climbed 1.2%.
Economic indicator:
At the World Economic Forum in Davos, Switzerland, President Donald said he had worked out framework plan that would satisfy his demands for Greenland, ending the need to impose new tariffs on European nations that had opposed his plans to annex the Arctic island.
The framework over Greenland will include mineral rights for the U.S. and the Golden Dome - a layered missile defense system for the United States.
With geopolitical tensions now cooling, focus turns to a swathe of major earning prints due in the coming days, as well as a Federal Reserve meeting.
The Federal Reserve is set to meet next week, with markets broadly expecting the central bank to leave interest rates unchanged despite increasing pressure from the White House to cut.
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