Taking Stock: Market snaps 4-day fall; Sensex up 170 pts, Nifty above 23,150

Stock Market Today

The Indian equity indices snapped four-day losing streak and ended higher on January 14 amid buying in most of the sectors, barring IT and FMCG. At close, the Sensex was up 169.62 points or 0.22 percent at 76,499.63, and the Nifty was up 90.10 points or 0.39 percent at 23,176.05.

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Adani Enterprises, Adani Ports, NTPC, Hindalco and Shriram Finance were among the major gainers on the Nifty, while losers included HCL Tech, HUL, Apollo Hospitals, Titan Company and TCS.

On the sectoral front, except IT and FMCG, all other sectoral indices ended in the green.

BSE Midcap index rose 2 percent and smallcap index was up 1.7 percent.

More than 200 stocks hit 52-week low on the BSE, including Cello World, Mahindra Life, Mahindra Holiday, Sterling Wilson, Asian Paints, Kansai Nerolac, Sanofi India, Balaji Amines, Relaxo Footwear, Elgi Equipments, MRF, Grindwell Norto, Delhivery, Adani Wilmar, AIA Engineering, LIC India, Capri Global, among others. Click here to view fill list

Outlook for January 15

Jatin Gedia – Technical Research Analyst at Mirae Asset Sharekhan

Index	Prices	Change	Change%
Sensex	85,609.51	0.00	+0.00%
Nifty 50	26,205.30	0.00	+0.00%
Nifty Bank	59,528.05	0.00	+0.00%

Nifty 50 26,205.30 0.00 (0.00%)

Thu, Nov 27, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
No Biggest Gainer details available.

Biggest Loser	Prices	Change	Change%
Bharti Airtel	2,126.80	-34.80	-1.61%

Best Sector	Prices	Change	Change%
Nifty Energy	35964.80	0.00	+0.00%

Worst Sector	Prices	Change	Change%
Nifty Metal	10280.70	0.00	+0.00%

Nifty opened gap up and consolidated during the day to close in the green up ~90 points. It is in a temporary relief rally after a sharp decline in the previous couple of trading sessions. During the fall the Nifty faced selling pressure from the 20-hour moving average which is placed at 23277.

The downtrend is still intact and hence minor degree pullbacks towards resistance zone (23270 – 23300) should be considered as a selling opportunity. On the downside we expect the Nifty to drift lower towards 23000 – 22670 from short term perspective. A move above 23340 shall lead to a further short covering otherwise the downtrend is intact.

Aditya Gaggar Director of Progressive Shares

After a relentless sell-off in the past couple of days; some relief was seen in today's trade as Indian equities started the session on a positive note. However, due to a lack of follow-through, the market remained rangebound and eventually settled at 23,176.05 with modest gains 90.10 points. Among sectors, PSU Banks and Metals were the top performers, while FMCG and IT were the only losers. The broader markets showed strong recovery, with Mid and Small Caps soaring by 2.45% and 1.98% respectively, outshining the benchmark index.

On the daily chart, the Index has formed a Gravestone Doji alongside a Bullish Harami candlestick, combined with a probable bullish divergence in the RSI. However, to validate the reversal, a firm close above 23,360 is required. Immediate resistance is at 23,300, while the psychological level of 23,000 will act as strong support.

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