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Sensex and Nifty fell around 2.5 percent this week amid bearish market sentiment, Nifty slipped below key moving averages; support seen at 24,750–24,900 levels, Market outlook cautious due to global signals and domestic fiscal cues.

* Sensex and Nifty fell around 2.5 percent this week amid bearish market sentiment
* Nifty slipped below key moving averages; support seen at 24,750–24,900 levels
* Market outlook cautious due to global signals and domestic fiscal cues.

Sensex and Nifty fell about 2.5% this week, with Nifty slipping below key moving averages. Analysts see further downside toward 24,700, with resistance at 25,400-25,500. Market sentiment remains cautious amid global trade tensions and investor outflows.

shorts/business/sensex-nifty-fell-2-5-this-week-where-can-one-go-long-in-this-choppy-market-check-what-experts-say

* Sensex and Nifty fell around 2.5 percent this week amid bearish market sentiment
* Nifty slipped below key moving averages; support seen at 24,750–24,900 levels
* Market outlook cautious due to global signals and domestic fiscal cues.

Indian benchmark indices <a href="https://www.moneycontrol.com/indian-indices/SENSEX-4.html">Sensex</a> and <a href="https://www.moneycontrol.com/indian-indices/nifty-50-9.html">Nifty</a> declined around 2.5 percent each this week, as bears took control over Dalal Street. Analysts have weighed on the all-important key levels to watch out for, especially on the long side.

Nifty 50 declined around 645 points during the week to close at 25,048.65 on January 23. Sensex, meanwhile, fell nearly 2,033 points during the same period to end the week at 81,537.7. The benchmark indices recorded the steepest steepest weekly drop in four months.

Nifty has finally slipped below the 200 DMA on a closing basis, suggesting capitulation by the bulls after a futile attempt to defend the crucial long-term moving average, said Rupak De, Senior Technical Analyst at LKP Securities.

As a result, short- to medium-term sentiment is likely to remain weak as long as the index trades below 25,500, according to the analyst. However, on the downside, the decline could extend toward 24,700 in the short term.

Nifty on the weekly chart has formed a sizable bearish candle with a lower high and lower low, which highlights the continuation of downward bias for the third week in a row, said Bajaj Broking. The domestic brokerage added that a pullback attempt during the week meet with strong selling pressure as the index closed around the 52 weeks EMA.

"Nifty is currently placed around the lower band of the rising channel of the last seven months which also coincides with the 52 weeks EMA placed around 25,000-24,800 levels. A breach below the same will signal extension of the decline towards 24600-24,500 levels," Bajaj Broking said.

Weekly stochastic is approaching oversold territory after 1400 points decline in just 14 sessions, it added. The brokerage sees Nifty seeing some consolidation in the range of 24,800-25,500 in the coming weeks, if it holds above the support area of 25,000-24,800.

On the higher side, it sees 25,400-25,500 as the immediate resistance for the coming weeks.

Technically, the Nifty has slipped below its long-term moving average, the 200 DEMA, which signals the possibility of further downside, said Ajit Mishra – SVP, Research, Religare Broking. The 24,750–24,900 zone now emerges as the next key support area, while the 25,300–25,400 zone is likely to act as an immediate hurdle in case of any rebound, the analyst said.

Mishra however noted that select pockets continue to show resilience and are offering buying opportunities. “In this environment, participants are advised to maintain a selective and balanced approach, take positions on both sides based on sectoral strength and weakness, and keep a strict check on position sizing,” he said.

“In the Nifty options space, the highest call open interest was seen at the 25,300 and 25,500 strike prices, suggesting strong resistance levels, while the 25,000 strike held the maximum put open interest, acting as a key support. The Put-Call Ratio (PCR) stood at 0.58. Overall, the market closed on a weak note, with sentiment remaining fragile amid currency pressure and cautious positioning in the derivatives market,” said Ashika Institutional Equities.
<h3>What lies ahead?</h3>
Indian equity markets remained cautious and volatile through the week, pressured by renewed global trade tensions and continued foreign investor outflows, said Vinod Nair, Head of Research, Geojit Investments. He added that fresh US tariff threats during the week against European nations linked to the Greenland issue dampened global risk appetite, prompting a shift toward safe-haven assets. “Moreover, rising global bond yields and uncertainty surrounding the U.S. Supreme Court’s review of Trump-era tariffs further restrained risk-taking,” he said.

Speaking about what lies ahead, Nair said that market direction in the coming week will likely be driven by global macroeconomic signals and domestic fiscal expectations. He said that investors will closely track guidance from the US Federal Reserve on the trajectory of interest rate cuts, while positioning may be influenced by anticipation surrounding the Union Budget, particularly any measures aimed at easing external trade pressures and supporting capital flows.

“With the Q3 earnings season still underway, stock-specific movements are expected to remain prominent. Overall sentiment is likely to stay cautious, shaped by global developments, currency trends, and earnings outcomes, with selective opportunities emerging in segments supported by resilient domestic demand,” he added.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

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Sensex, Nifty fell 2.5% this week: Where can one go long in this choppy market? Check what experts say

Indian benchmark indices Sensex and Nifty declined around 2.5 percent each this week, as bears took control over Dalal Street. Analysts have weighed on the all-important key levels to watch out for, especially on the long side.

Nifty 50 declined around 645 points during the week to close at 25,048.65 on January 23. Sensex, meanwhile, fell nearly 2,033 points during the same period to end the week at 81,537.7. The benchmark indices recorded the steepest steepest weekly drop in four months.

Nifty has finally slipped below the 200 DMA on a closing basis, suggesting capitulation by the bulls after a futile attempt to defend the crucial long-term moving average, said Rupak De, Senior Technical Analyst at LKP Securities.

As a result, short- to medium-term sentiment is likely to remain weak as long as the index trades below 25,500, according to the analyst. However, on the downside, the decline could extend toward 24,700 in the short term.

Nifty on the weekly chart has formed a sizable bearish candle with a lower high and lower low, which highlights the continuation of downward bias for the third week in a row, said Bajaj Broking. The domestic brokerage added that a pullback attempt during the week meet with strong selling pressure as the index closed around the 52 weeks EMA.

&quot;Nifty is currently placed around the lower band of the rising channel of the last seven months which also coincides with the 52 weeks EMA placed around 25,000-24,800 levels. A breach below the same will signal extension of the decline towards 24600-24,500 levels,&quot; Bajaj Broking said.

Weekly stochastic is approaching oversold territory after 1400 points decline in just 14 sessions, it added. The brokerage sees Nifty seeing some consolidation in the range of 24,800-25,500 in the coming weeks, if it holds above the support area of 25,000-24,800.

On the higher side, it sees 25,400-25,500 as the immediate resistance for the coming weeks.

Technically, the Nifty has slipped below its long-term moving average, the 200 DEMA, which signals the possibility of further downside, said Ajit Mishra – SVP, Research, Religare Broking. The 24,750–24,900 zone now emerges as the next key support area, while the 25,300–25,400 zone is likely to act as an immediate hurdle in case of any rebound, the analyst said.

Mishra however noted that select pockets continue to show resilience and are offering buying opportunities. “In this environment, participants are advised to maintain a selective and balanced approach, take positions on both sides based on sectoral strength and weakness, and keep a strict check on position sizing,” he said.

“In the Nifty options space, the highest call open interest was seen at the 25,300 and 25,500 strike prices, suggesting strong resistance levels, while the 25,000 strike held the maximum put open interest, acting as a key support. The Put-Call Ratio (PCR) stood at 0.58. Overall, the market closed on a weak note, with sentiment remaining fragile amid currency pressure and cautious positioning in the derivatives market,” said Ashika Institutional Equities.
What lies ahead?
Indian equity markets remained cautious and volatile through the week, pressured by renewed global trade tensions and continued foreign investor outflows, said Vinod Nair, Head of Research, Geojit Investments. He added that fresh US tariff threats during the week against European nations linked to the Greenland issue dampened global risk appetite, prompting a shift toward safe-haven assets. “Moreover, rising global bond yields and uncertainty surrounding the U.S. Supreme Court’s review of Trump-era tariffs further restrained risk-taking,” he said.

Speaking about what lies ahead, Nair said that market direction in the coming week will likely be driven by global macroeconomic signals and domestic fiscal expectations. He said that investors will closely track guidance from the US Federal Reserve on the trajectory of interest rate cuts, while positioning may be influenced by anticipation surrounding the Union Budget, particularly any measures aimed at easing external trade pressures and supporting capital flows.

“With the Q3 earnings season still underway, stock-specific movements are expected to remain prominent. Overall sentiment is likely to stay cautious, shaped by global developments, currency trends, and earnings outcomes, with selective opportunities emerging in segments supported by resilient domestic demand,” he added.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The domestic stock markets will remain closed on Monday, January 26, on account of Republic Day, according to the official holiday calendar issued by the exchanges.

Trading in equities, equity derivatives, securities lending and borrowing (SLBs), currency derivatives and interest rate derivatives will remain shut for the day on both the BSE and the NSE.
<h3>MCX Stock Market Holiday on Republic Day</h3>
The commodities market will also remain shut for both the morning and evening sessions, as per the Multi Commodity Exchange (MCX).

Earlier this month, markets were closed on January 15 after the Maharashtra government declared a public holiday under the Negotiable Instruments Act to facilitate local body elections across 29 municipal corporations, including Mumbai City and Mumbai Suburban districts under the Brihanmumbai Municipal Corporation (BMC).
<h3>Stock Market on Budget Day</h3>
The stock markets will remain open for trading on February 1 for the presentation of the Union Budget 2026, even though the day falls on a Sunday.

The exchanges said trading on that day will follow normal market timings.

"On account of the presentation of the Union Budget, members are requested to note that the Exchange shall be conducting a live trading session on February 1, 2026, as per the standard market timings (9:15 am to 3:30 pm)," the NSE said in a circular.

The Union Budget for 2026 will be presented at 11 am on February 1, a Sunday, as confirmed by the Lok Sabha Speaker on January 12.
<h3>Stock Market Holidays 2026 </h3>
The stock markets will observe a total of 15 holidays in 2026. Of these, four fall on Saturdays or Sundays, when markets are otherwise closed.

March will see the highest number of trading holidays, with markets remaining shut for three days on account of Holi (March 3), Shri Ram Navami (March 26) and Shri Mahavir Jayanti (March 31). February, July and August will not have any effective market holidays as national holidays during these months fall on weekends.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

NSE, BSE to remain shut on Monday for Republic Day, open Sunday for Budget next week

The domestic stock markets will remain closed on Monday, January 26, on account of Republic Day, according to the official holiday calendar issued by the exchanges.

Trading in equities, equity derivatives, securities lending and borrowing (SLBs), currency derivatives and interest rate derivatives will remain shut for the day on both the BSE and the NSE.
MCX Stock Market Holiday on Republic Day
The commodities market will also remain shut for both the morning and evening sessions, as per the Multi Commodity Exchange (MCX).

Earlier this month, markets were closed on January 15 after the Maharashtra government declared a public holiday under the Negotiable Instruments Act to facilitate local body elections across 29 municipal corporations, including Mumbai City and Mumbai Suburban districts under the Brihanmumbai Municipal Corporation (BMC).
Stock Market on Budget Day
The stock markets will remain open for trading on February 1 for the presentation of the Union Budget 2026, even though the day falls on a Sunday.

The exchanges said trading on that day will follow normal market timings.

&quot;On account of the presentation of the Union Budget, members are requested to note that the Exchange shall be conducting a live trading session on February 1, 2026, as per the standard market timings (9:15 am to 3:30 pm),&quot; the NSE said in a circular.

The Union Budget for 2026 will be presented at 11 am on February 1, a Sunday, as confirmed by the Lok Sabha Speaker on January 12.
Stock Market Holidays 2026 
The stock markets will observe a total of 15 holidays in 2026. Of these, four fall on Saturdays or Sundays, when markets are otherwise closed.

March will see the highest number of trading holidays, with markets remaining shut for three days on account of Holi (March 3), Shri Ram Navami (March 26) and Shri Mahavir Jayanti (March 31). February, July and August will not have any effective market holidays as national holidays during these months fall on weekends.

Sensex fell 769 points, Nifty dropped 241 points in a volatile session on Jan 23, All sector indices fell; midcap and smallcap dropped over 1.5%., Indian rupee hit a record low at 91.97 per dollar during intraday trading

* Sensex fell 769 points, Nifty dropped 241 points in a volatile session on Jan 23
* All sector indices fell; midcap and smallcap dropped over 1.5%.
* Indian rupee hit a record low at 91.97 per dollar during intraday trading

Indian markets ended lower on January 23 amid broad sectoral declines and profit booking. Sensex fell 769 points, Nifty dropped 241 points, and midcap/smallcap indices underperformed. Over 400 stocks hit 52-week lows. The rupee touched a record low at 91.97.

shorts/business/taking-stock-bears-regain-control-sensex-sinks-770-pts-nifty-struggles-near-25-000

* Sensex fell 769 points, Nifty dropped 241 points in a volatile session on Jan 23
* All sector indices fell; midcap and smallcap dropped over 1.5%.
* Indian rupee hit a record low at 91.97 per dollar during intraday trading

The market failed to build on the previous session’s strong rebound and ended lower in a volatile session on January 23, as selling pressure was seen across sectors.

After a muted start, the market traded rangebound in the first half; however, mid-session profit booking dragged the Nifty to the day’s low of 25,025.30, before it closed near that level.

At close, the Sensex was down 769.67 points or 0.94 percent at 81,537.70, and the Nifty was down 241.25 points or 0.95 percent at 25,048.65.

The broader underperformed the benchmarks, with BSE midcap index falling 1.5 percent and smallcap index down over 2 percent.

For the week, BSE Sensex and Nifty fell 2.5 percent each.

The market will remain shut on Monday, January 26 on account of Republic Day.

Also Read: <a href="https://www.moneycontrol.com/news/business/markets/90-of-small-cap-funds-beat-the-index-but-none-made-money-13787942.html">90% of small-cap funds beat the index — but none made money</a>

Biggest Nifty losers were Adani Enterprises, Adani Ports, Eternal, Interglobe Aviation, Cipla, while gainers included Dr Reddy's Labs, Tech Mahindra, ONGC, Hindalco, HUL.

All the sectoral indices ended in the red with capital goods, power, realty, PSU Bank, media down 2-3%.

Indian rupee remained under pressure today as it touched fresh record low at 91.97 per dollar intraday. The INR ended at 91.96 versus Thursday's close of 91.62.

Also Read - <a href="https://www.moneycontrol.com/news/business/ipo/market-correction-puts-ipo-rush-on-hold-2026-sees-only-3-issues-so-far-13787056.html">Market correction puts IPO rush on hold; 2026 sees only 3 issues so far</a>

In stock specifics, PG Electroplast shares shed 4% on MoU with the Government of Maharashtra, Bandhan Bank shares rose 4% despite profit fell 51%, Tanla Platforms share price surged 7% after profit jumps 10%, Suryoday Small Finance Bank share price slipped 5% despite better Q3 earnings, Home First Finance Company India shares added 6% as Q3 profit jumps 44%, Hindustan Zinc shares rise 5% to hit fresh 52-week high as silver extends record rally.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/smallcaps-crack-deeper-as-correction-widens-valuation-froth-comes-back-into-focus-for-2026-13786817.html">Smallcaps crack deeper as correction widens; valuation froth comes back into focus for 2026</a>

More than 400 stocks touched their 52-week lows, including Adani Enterprises, Adani Total Gas, Syngene International, Reliance Power, Lodha Developers, Tejas Networks, Premier Energies, Network 18, Godrej Properties, Just Dial, Piramal Pharma, Devyani International, Sapphire Foods, Blue Jet, HFCL, Afcons Infra, Brigade Enterprises, Honeywell Automation, DLF, Sterling Wilson, among others. <a href="http://moneycontrol.com/stocks/market-stats/52-week-low-bse/?indexName=BSE%2520500&amp;id=12">Click to View More</a>

Outlook for January 27

Rupak De, Senior Technical Analyst at LKP Securities

The index remained weak throughout the session as it stayed below the 20 EMA on the hourly chart. In addition, the index has finally slipped below the 200 DMA on a closing basis, suggesting capitulation by the bulls after a futile attempt to defend the crucial long-term moving average.

As a result, short- to medium-term sentiment is likely to remain weak as long as the index trades below 25,500. On the downside, the decline could extend toward 24,700 in the short term.

Ajit Mishra – SVP, Research, Religare Broking

Markets remained volatile and declined nearly one percent, resuming the prevailing corrective trend. The Nifty index opened in positive territory on easing geopolitical tensions but soon gave up its gains and drifted lower amid persistent selling pressure, eventually settling near the day’s low at 25,048.65. Selling was broad-based, with realty, energy and banking stocks among the key laggards, while only a few defensive and select cyclical names provided limited support. Broader market indices also mirrored the weakness, with midcap and smallcap indices falling close to two percent each, highlighting widespread risk-off positioning and cautious participation.

Market sentiment was weighed down by renewed concerns over global trade and geopolitical developments, along with continued foreign institutional selling. Currency weakness further added to the negative bias, as the Indian rupee slipped to fresh lows against the US dollar during the session. In the absence of strong domestic triggers, trading remained largely stock-specific, marked by selective buying and pronounced selling across the broader market.

Technically, the Nifty has slipped below its long-term moving average, the 200 DEMA, which signals the possibility of further downside. The 24,750–24,900 zone now emerges as the next key support area, while the 25,300–25,400 zone is likely to act as an immediate hurdle in case of any rebound. That said, select pockets continue to show resilience and are offering buying opportunities. In this environment, participants are advised to maintain a selective and balanced approach, take positions on both sides based on sectoral strength and weakness, and keep a strict check on position sizing.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

After showing a bounce back in the last couple of sessions, Nifty slipped into sharp weakness on Friday and closed the day lower by 241 points. After opening on a positive note, the market was not able to sustain the opening gains and started with weakness since early part of the session. The weakness got intensified in the mid to later part and Nifty finally closed at the lows.

A long bear candle was formed on the daily chart which indicates a formation of lower top reversal pattern at the recent swing highs of 25400 levels. Nifty on the weekly chart formed a long bear candle this week after the minor bounce of last week. The overall chart pattern remains negative and one may expect Nifty sliding below the recent low of 24900 by next week. The near-term downside target to be watched around 24600. Immediate resistance is placed at 25200 levels.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Taking Stock: Bears regain control; Sensex sinks 770 pts, Nifty struggles near 25,050

The market failed to build on the previous session’s strong rebound and ended lower in a volatile session on January 23, as selling pressure was seen across sectors.

After a muted start, the market traded rangebound in the first half; however, mid-session profit booking dragged the Nifty to the day’s low of 25,025.30, before it closed near that level.

At close, the Sensex was down 769.67 points or 0.94 percent at 81,537.70, and the Nifty was down 241.25 points or 0.95 percent at 25,048.65.

The broader underperformed the benchmarks, with BSE midcap index falling 1.5 percent and smallcap index down over 2 percent.

For the week, BSE Sensex and Nifty fell 2.5 percent each.

The market will remain shut on Monday, January 26 on account of Republic Day.

Also Read: 90% of small-cap funds beat the index — but none made money

Biggest Nifty losers were Adani Enterprises, Adani Ports, Eternal, Interglobe Aviation, Cipla, while gainers included Dr Reddy's Labs, Tech Mahindra, ONGC, Hindalco, HUL.

All the sectoral indices ended in the red with capital goods, power, realty, PSU Bank, media down 2-3%.

Indian rupee remained under pressure today as it touched fresh record low at 91.97 per dollar intraday. The INR ended at 91.96 versus Thursday's close of 91.62.

Also Read - Market correction puts IPO rush on hold; 2026 sees only 3 issues so far

In stock specifics, PG Electroplast shares shed 4% on MoU with the Government of Maharashtra, Bandhan Bank shares rose 4% despite profit fell 51%, Tanla Platforms share price surged 7% after profit jumps 10%, Suryoday Small Finance Bank share price slipped 5% despite better Q3 earnings, Home First Finance Company India shares added 6% as Q3 profit jumps 44%, Hindustan Zinc shares rise 5% to hit fresh 52-week high as silver extends record rally.

Also Read - Smallcaps crack deeper as correction widens; valuation froth comes back into focus for 2026

More than 400 stocks touched their 52-week lows, including Adani Enterprises, Adani Total Gas, Syngene International, Reliance Power, Lodha Developers, Tejas Networks, Premier Energies, Network 18, Godrej Properties, Just Dial, Piramal Pharma, Devyani International, Sapphire Foods, Blue Jet, HFCL, Afcons Infra, Brigade Enterprises, Honeywell Automation, DLF, Sterling Wilson, among others. Click to View More

Outlook for January 27

Rupak De, Senior Technical Analyst at LKP Securities

The index remained weak throughout the session as it stayed below the 20 EMA on the hourly chart. In addition, the index has finally slipped below the 200 DMA on a closing basis, suggesting capitulation by the bulls after a futile attempt to defend the crucial long-term moving average.

As a result, short- to medium-term sentiment is likely to remain weak as long as the index trades below 25,500. On the downside, the decline could extend toward 24,700 in the short term.

Ajit Mishra – SVP, Research, Religare Broking

Markets remained volatile and declined nearly one percent, resuming the prevailing corrective trend. The Nifty index opened in positive territory on easing geopolitical tensions but soon gave up its gains and drifted lower amid persistent selling pressure, eventually settling near the day’s low at 25,048.65. Selling was broad-based, with realty, energy and banking stocks among the key laggards, while only a few defensive and select cyclical names provided limited support. Broader market indices also mirrored the weakness, with midcap and smallcap indices falling close to two percent each, highlighting widespread risk-off positioning and cautious participation.

Market sentiment was weighed down by renewed concerns over global trade and geopolitical developments, along with continued foreign institutional selling. Currency weakness further added to the negative bias, as the Indian rupee slipped to fresh lows against the US dollar during the session. In the absence of strong domestic triggers, trading remained largely stock-specific, marked by selective buying and pronounced selling across the broader market.

Technically, the Nifty has slipped below its long-term moving average, the 200 DEMA, which signals the possibility of further downside. The 24,750–24,900 zone now emerges as the next key support area, while the 25,300–25,400 zone is likely to act as an immediate hurdle in case of any rebound. That said, select pockets continue to show resilience and are offering buying opportunities. In this environment, participants are advised to maintain a selective and balanced approach, take positions on both sides based on sectoral strength and weakness, and keep a strict check on position sizing.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

After showing a bounce back in the last couple of sessions, Nifty slipped into sharp weakness on Friday and closed the day lower by 241 points. After opening on a positive note, the market was not able to sustain the opening gains and started with weakness since early part of the session. The weakness got intensified in the mid to later part and Nifty finally closed at the lows.

A long bear candle was formed on the daily chart which indicates a formation of lower top reversal pattern at the recent swing highs of 25400 levels. Nifty on the weekly chart formed a long bear candle this week after the minor bounce of last week. The overall chart pattern remains negative and one may expect Nifty sliding below the recent low of 24900 by next week. The near-term downside target to be watched around 24600. Immediate resistance is placed at 25200 levels.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Live: Sensex tumbles 2,000 pts this week, Nifty gives up 25,100 | Closing Bell

Sensex and Nifty fell after early gains due to FII selling and profit booking., ETERNAL, InterGlobe, SBI Life, and Adani stocks fell significantly., Crude prices rose, weak earnings pressured, market breadth stayed negative.

* Sensex and Nifty fell after early gains due to FII selling and profit booking.
* ETERNAL, InterGlobe, SBI Life, and Adani stocks fell significantly.
* Crude prices rose, weak earnings pressured, market breadth stayed negative.

Sensex and Nifty fell on Friday, reversing early gains due to persistent FII selling, weak quarterly earnings, rising crude prices, geopolitical concerns, and heavy Adani Group stock declines. Market breadth remained negative, with more shares declining than advancing.

shorts/business/sensex-falls-250-pts-from-day-s-high-nifty-below-25-300-key-factors-behind-market-rise

* Sensex and Nifty fell after early gains due to FII selling and profit booking.
* ETERNAL, InterGlobe, SBI Life, and Adani stocks fell significantly.
* Crude prices rose, weak earnings pressured, market breadth stayed negative.

The equity benchmark indices Sensex and Nifty gave up early gains to settle lower on Friday, tracking sustained selling by foreign institutional investors.

The Sensex opened on a positive note at 82,335.94 and climbed to a day’s high of 82,516.27 in early trade. However, profit-booking at higher levels dragged the index into negative territory, and it settled lower at 81,537.70, down 769.66 points or 0.94 percent.

The broader Nifty also pared gains and slipped below 200-DMA to 25,048.65, down 241.25 points or 0.95 percent. During the session, the index moved between a high of 25,347.95 and a low of 25,025.30.

<a href="https://www.moneycontrol.com/india/stockpricequote/online-services/eternal/Z">ETERNAL</a>, InterGlobe Aviation and SBI Life Insurance Company were among the major laggards in the Nifty50 pack, declining up to 3 percent, while <a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divislaboratories/DL03">Dr. Reddy's Laboratories</a> and Hindalco Industries, advanced up to 3 percent. Market breadth remained negative as about 1630 shares advanced, 1729 shares declined, and 165 shares unchanged.
<h3>Key factors behind market decline</h3>
1) FII outflows: Persistent foreign fund outflows continued to weigh on investor sentiment. The foreign institutional investors offloaded equities worth Rs 2,549.80 crore on Thursday, marking the 13th consecutive session of net selling in January, so far. FIIs were net buyers only on January 2 this month.

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, noted "the FII stance towards India will be determined by the trend in India’s corporate earnings. Higher earnings growth alone can ensure sustained buying by FIIs since they have the option to invest in other markets where valuations are cheaper and earnings are better. Since earnings growth is sometime away and the FII selling strategy is expected to continue, preempting any healthy rally, the market is heavily net short. FIIs are adding to the short positions on every rally triggered by some positive news. The broader market, where FII presence is limited, is likely to witness action in response to Q3 results."

2) Tepid quarterly earnings: Index heavyweights also added to pressure on the market. Weak results from companies such as ICICI Bank and HCL Technologies dampened sentiment

3) Crude rises: Rising crude oil prices further capped gains. Brent crude, the global oil benchmark, rose 0.8 percent to USD 64.57 per barrel. Higher crude prices tend to impact India by widening the trade deficit and stoking inflation concerns, which can weigh on equities.

Here is a clear, coherent rewrite that tightens the geopolitical narrative and improves flow while preserving the meaning:

4) Geopolitical concerns: On Thursday, benchmark indices closed about 0.5 percent higher, ending a three-session losing streak. The rebound followed signals from US President Donald Trump that eased near-term geopolitical tensions, as he softened his stance on proposed tariffs against European countries and ruled out the use of force to seize Greenland.

However, despite the recovery, the indices remain down nearly 1.5 percent for the week so far. Market weakness persists as investors and policymakers assess the longer-term geopolitical implications of recent events. While Trump’s pullback reduced the immediate risk to Europe’s economic and political sovereignty, it has also triggered deeper concerns about the reliability of transatlantic relations.

According to Reuters, Trump’s earlier threats have shaken Europe’s confidence in its traditional partnership with the United States. EU officials and leaders acknowledged that relations have suffered significant strain.

5) Selling in Adani shares: A huge <a href="https://www.moneycontrol.com/news/business/markets/adani-enterprises-other-group-stocks-fall-up-to-8-here-s-a-likely-reason-13788029.html" target="_blank">selling pressure was seen in Adani Group stocks after a report</a> that the US Securities and Exchange Commission has asked a US court for permission to personally email summons to billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265-million bribery scheme.

6) Selling in bank shares: Bank Nifty snapped its previous session gains, to decline up to 1 percent amid broad-based selling in the domestic markets. Punjab National Bank and Yes Bank were among the key laggards in the index.

7) Rupee hits record low: The rupee slumped 41 paise to hit a record low of 91.99 against the US dollar in intraday trade on Friday, as persistent foreign fund outflows and a volatile geopolitical situation kept investors cautious. Forex traders said the intervention from the Reserve Bank of India is helping smooth volatility to some extent, but is not reversing the overall negative trend for the domestic unit. Moreover, for the currency, the pending trade agreement with the US remains a key stabilising factor. Until the geopolitical risk eases and the trade deal materialises, the rupee is likely to remain vulnerable to external shocks, they said. At the interbank foreign exchange, the rupee opened at 91.45 against the US dollar. In the initial trade, it touched an early high of 91.41 but soon pared the gains, hitting a record low of 91.99, registering a 41-paise fall from its previous close.
<h3>Technical outlook</h3>
Ruchit Jain, Vice President at Motilal Oswal Financial Services, said "the short term trend for the markets is negative as the Nifty index has been forming a lower top lower bottom structure, and the recent sell off has also seen significant negative market breadth. The immediate resistance for Nifty has shifted lower to 25,400 and till the index continues to trade below the same, we could see a continuation of the downtrend trend. Traders are advised to stay cautious until we see any signs of trend reversal."

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sensex settles 750 pts lower, Nifty ends below 25,050: Adani sell-off among key factors behind market decline

Sensex news today: Sensex settles 750 pts lower, Nifty ends below 25,050: Adani sell-off among key factors behind market decline

The equity benchmark indices Sensex and Nifty gave up early gains to settle lower on Friday, tracking sustained selling by foreign institutional investors.

The Sensex opened on a positive note at 82,335.94 and climbed to a day’s high of 82,516.27 in early trade. However, profit-booking at higher levels dragged the index into negative territory, and it settled lower at 81,537.70, down 769.66 points or 0.94 percent.

The broader Nifty also pared gains and slipped below 200-DMA to 25,048.65, down 241.25 points or 0.95 percent. During the session, the index moved between a high of 25,347.95 and a low of 25,025.30.

ETERNAL, InterGlobe Aviation and SBI Life Insurance Company were among the major laggards in the Nifty50 pack, declining up to 3 percent, while Dr. Reddy's Laboratories and Hindalco Industries, advanced up to 3 percent. Market breadth remained negative as about 1630 shares advanced, 1729 shares declined, and 165 shares unchanged.
Key factors behind market decline
1) FII outflows: Persistent foreign fund outflows continued to weigh on investor sentiment. The foreign institutional investors offloaded equities worth Rs 2,549.80 crore on Thursday, marking the 13th consecutive session of net selling in January, so far. FIIs were net buyers only on January 2 this month.

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, noted &quot;the FII stance towards India will be determined by the trend in India’s corporate earnings. Higher earnings growth alone can ensure sustained buying by FIIs since they have the option to invest in other markets where valuations are cheaper and earnings are better. Since earnings growth is sometime away and the FII selling strategy is expected to continue, preempting any healthy rally, the market is heavily net short. FIIs are adding to the short positions on every rally triggered by some positive news. The broader market, where FII presence is limited, is likely to witness action in response to Q3 results.&quot;

2) Tepid quarterly earnings: Index heavyweights also added to pressure on the market. Weak results from companies such as ICICI Bank and HCL Technologies dampened sentiment

3) Crude rises: Rising crude oil prices further capped gains. Brent crude, the global oil benchmark, rose 0.8 percent to USD 64.57 per barrel. Higher crude prices tend to impact India by widening the trade deficit and stoking inflation concerns, which can weigh on equities.

Here is a clear, coherent rewrite that tightens the geopolitical narrative and improves flow while preserving the meaning:

4) Geopolitical concerns: On Thursday, benchmark indices closed about 0.5 percent higher, ending a three-session losing streak. The rebound followed signals from US President Donald Trump that eased near-term geopolitical tensions, as he softened his stance on proposed tariffs against European countries and ruled out the use of force to seize Greenland.

However, despite the recovery, the indices remain down nearly 1.5 percent for the week so far. Market weakness persists as investors and policymakers assess the longer-term geopolitical implications of recent events. While Trump’s pullback reduced the immediate risk to Europe’s economic and political sovereignty, it has also triggered deeper concerns about the reliability of transatlantic relations.

According to Reuters, Trump’s earlier threats have shaken Europe’s confidence in its traditional partnership with the United States. EU officials and leaders acknowledged that relations have suffered significant strain.

5) Selling in Adani shares: A huge selling pressure was seen in Adani Group stocks after a report that the US Securities and Exchange Commission has asked a US court for permission to personally email summons to billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265-million bribery scheme.

6) Selling in bank shares: Bank Nifty snapped its previous session gains, to decline up to 1 percent amid broad-based selling in the domestic markets. Punjab National Bank and Yes Bank were among the key laggards in the index.

7) Rupee hits record low: The rupee slumped 41 paise to hit a record low of 91.99 against the US dollar in intraday trade on Friday, as persistent foreign fund outflows and a volatile geopolitical situation kept investors cautious. Forex traders said the intervention from the Reserve Bank of India is helping smooth volatility to some extent, but is not reversing the overall negative trend for the domestic unit. Moreover, for the currency, the pending trade agreement with the US remains a key stabilising factor. Until the geopolitical risk eases and the trade deal materialises, the rupee is likely to remain vulnerable to external shocks, they said. At the interbank foreign exchange, the rupee opened at 91.45 against the US dollar. In the initial trade, it touched an early high of 91.41 but soon pared the gains, hitting a record low of 91.99, registering a 41-paise fall from its previous close.
Technical outlook
Ruchit Jain, Vice President at Motilal Oswal Financial Services, said &quot;the short term trend for the markets is negative as the Nifty index has been forming a lower top lower bottom structure, and the recent sell off has also seen significant negative market breadth. The immediate resistance for Nifty has shifted lower to 25,400 and till the index continues to trade below the same, we could see a continuation of the downtrend trend. Traders are advised to stay cautious until we see any signs of trend reversal.&quot;

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

10 out of 18 years BSE 100 has given negative returns in January.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	26,469.31	26,718.99	26,857.93	26,330.37	26,080.69	25,941.75	25,692.07
Fibonacci	26,478.82	26,570.53	26,718.99	26,330.37	26,181.91	26,090.20	25,941.75
Camarilla	26,255.26	26,290.89	26,326.51	26,330.37	26,184.02	26,148.39	26,112.77

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