Markets saw a sharp sell-off as the Nifty slipped below key technical supports, breaking below its 21-day and 50-day moving averages near the 26,000 mark. A brief intraday rebound failed to hold, with the index ending near the day’s lows. The sell-off wiped out over ₹8 lakh crore of investor wealth in a single session and was broad-based, with all sectoral indices closing in the red. Metal stocks led the losses, while even Bank Nifty came under pressure. Heavyweights such as Reliance Industries, HDFC Bank and IT majors dragged the benchmark, as continued uncertainty over India–US trade weighed on export-oriented stocks. This morning, global cues were mixed. US markets ended mixed overnight ahead of key jobs data and Supreme Court ruling assessing the legality of Trump's tariffs. Asian markets too started mixed as China saw fastest pace of inflation in nearly 3 years in December. Catch Lovisha Darad in conversation with Aamar Deo Singh, Senior Vice President, Angel One and Mayuresh Joshi, Director - Research, Marketsmithindia.com.
Avenue Supermarts (DMart) Q3 Results Review and Stock Call: The margin expansion was the standout, helping deliver an earnings beat even as growth indicators stayed measured. Brokerages are largely cautious to bearish on the stock.
Websol Energy System Share Price | The share touched a 52-week high of Rs 183.50 and a 52-week low of Rs 79.85 on 10 January, 2025 and 19 December, 2025, respectively.
Technically, Gold is extremely overbought on all time frames, said Rahul Ghose.
Indian markets may stay pressured amid tariff uncertainty, while the ongoing corporate earnings season will be key in shaping investor sentiment and market direction ahead
Delay in India–US tariff agreement could weigh on markets despite reasonable valuations of around 20x earnings and India's premium to emerging markets remaining below long-term averages, said LGT’s Chakri Lokapriya
Shares in Australia and South Korea and equity index futures for Hong Kong all gained, taking their guide from the S&P 500, which climbed 0.6% on Friday to close at an all-time high.
Gold rose to a record high after US jobs data left expectations for additional US interest-rate cuts intact, while intensifying protests in Iran kept geopolitical tensions elevated.
Among sectors, metal index rose 2%, PSU Bank index added 0.7%, FMCG index gained 0.6%, while capital goods, pharma, media and realty indices shed 0.5-1.5 percent. BSE Midcap index shed 0.4% and smallcap index fell 0.7%. Coal India, Trent, Asian Paints, Tata Steel, JSW Steel were among major gainers on the Nifty, while losers included Eicher Motors, Infosys, Bajaj Finance, Tata Motors Passenger Vehicles and Bajaj Auto.
In 2025, the newsletter notes that non-US equity markets and commodities outperformed American equities. The MSCI Emerging Markets Index rose by nearly 30 percent, compared with gains of about 16 percent for the S&P 500, while several developed markets outside the US also delivered stronger returns.
If the Nifty 50 sustains below 25,700, a fall below 25,600–25,500 cannot be ruled out in the upcoming sessions; however, holding above this level could raise the possibility of an upmove toward 25,900–26,000.
The consolidation is likely to continue following a 2.5 percent loss last week. Below are some short-term trading ideas to consider.
Stocks to Watch, 12 January: Stocks like Signature Global India, Phoenix Mills, Ashiana Housing, Embassy Development, Avenue Supermarts, Indian Renewable Energy Development Agency, Lemon Tree Hotels, Lloyds Engineering Works, Shriram Finance, ICICI Lombard General Insurance Company, and Vedanta will be in focus on January 12.
Experts expect bears to maintain the upper hand, with the possibility of further consolidation over the next few sessions.
Out of the six names, Amagi Media Labs, the Bengaluru-based SaaS company, will be the only IPO from the mainboard segment, while others are from the SME segment.
Any meaningful recovery in Nifty 50 is only possible on sustained move above 25,750 (being the resistance from falling trendline) above which prices might try to test the resistance zone of 25,880-25,900.
Aditya Birla Sun Life Mutual Fund has resumed fresh subscriptions in its three international equity schemes after suspending inflows in October 2025, allowing investments of up to Rs 1 crore per PAN per day from January 12
Gold surged 65% in 2025 — its strongest performance in nearly half a century — as retail and institutional investors piled in alongside central banks.
Strategists at Goldman Sachs Group Inc. are overweight and expect further gains driven partly by surging artificial intelligence-related demand and reasonable valuations.
Broader markets are also showing signs of strain. This widespread deterioration highlights a clear contraction in risk appetite, reinforcing the need for a cautious, defensive, and highly selective approach in the near term, Sudeep Shah said.
In Budget 2026, continuity in public capex, particularly in infrastructure, defence, energy transition, and logistics, will sustain the investment cycle, said Pradeep Gupta.
The next phase of US & China engagement will be shaped less by summits and more by who controls the inputs the other cannot easily substitute.
Techno Paints plans to expand to Himachal Pradesh, Tamil Nadu, Rajasthan, West Bengal, and Uttar Pradesh by end of this year, and to the Middle East in 2026-27.
Foreign Institutional Investors (FIIs) continued to remain net sellers during the week, offloading equities worth Rs 9,209.90 crore. In contrast, Domestic Institutional Investors (DIIs) provided support to the market, purchasing equities worth Rs 17,594.58 crore.
