Moneycontrol PRO
LAMF
LAMF

Taking Stock: Market snaps 5-day losing streak; Sensex rallies 302 pts, Nifty near 25,800

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.
January 12, 2026 / 16:06 IST
Market Today
Snapshot AI
  • Nifty and Sensex rose, ending a five-day losing streak after intraday recovery.
  • Metal and PSU Bank indices rose; capital goods and pharma sectors fell.
  • Over 360 stocks hit 52-week lows despite benchmark indices closing in the green

Indian equity benchmarks ended in the green in a volatile session on January 12, snapping a five-day losing streak, with the Nifty closing near 25,800 after an intraday recovery to settle near the day’s high.

Despite positive global cues, domestic markets opened lower and extended losses to hit an intraday low of 25,473.40 in the first half of the session. However, the benchmark witnessed a sharp mid-session recovery after US Ambassador Sergio Gor’s comments on a potential India–US trade deal, as he said both sides would continue to engage actively, with the next round of talks scheduled for tomorrow.

At close, the Sensex was up 301.93 points or 0.36 percent at 83,878.17, and the Nifty was up 106.95 points or 0.42 percent at 25,790.25.

Underperformance in broader markets continued, with the BSE Midcap index falling 0.4 percent and the Smallcap index shedding 0.7 percent.

Also Read: Budget 2026 Expectations: Fewer customs duty slabs on gold, simplified tariff structure soon

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.

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.

Also Read - Budget day wishlist: EV subsidies linked to sales, more startup funding, simpler compliance

IndexPricesChangeChange%
Sensex75,273.451,205.00 +1.63%
Nifty 5023,306.45394.05 +1.72%
Nifty Bank53,708.101,102.45 +2.10%
Nifty 50 23,306.45 394.05 (1.72%)
Wed, Mar 25, 2026
Biggest GainerPricesChangeChange%
Shriram Finance956.0052.40 +5.80%
Biggest LoserPricesChangeChange%
Tech Mahindra1,408.50-24.20 -1.69%
Best SectorPricesChangeChange%
Nifty PSU Bank8581.05223.50 +2.67%
Worst SectorPricesChangeChange%
Nifty IT29671.3022.40 +0.08%

In stocks, Lemon Tree Hotels shares rose 2% as Warburg Pincus will acquire entire stake of APG Strategic Real Estate Pool NV, Signature Global share price dipped 4.7% as s Q3 pre-sales down 27%, IREDA share price rose 3.7% as Q3 profit jumps 37%, Ashiana Housing shares down 2% after Q3 area booked falls 17.9%, Shakti Pumps shares jumped 4% on bagging order worth Rs 654 crore.

Embassy Developments shares added 5% as Q3 collection jumps 15%, KP Green shares rose 3.6% on winning order worth Rs 819 crore from BSNL, Tanfac Industries share price added 3% on signing long term supply contract with Japanese customer.

More than 360 stocks hit 52-week low including Tejas Networks, Signature Global, Tube Investment, United Breweries, Cohance Life, Siemens Energy, IRB Infra, Action Construction, Godrej Agrovet, Piramal Pharma, Afcons Infra, AWL Agri, Maharashtra Seamless, Whirlpool, Alkyl Amines, among others. Click to View More

Outlook for January 13

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

After showing sharp weakness in the last few sessions, Nifty witnessed an excellent bounce back from the lows on Monday and closed the day with decent gains of around 106 points. After opening on a weak note, Nifty slipped into weakness in the early part of the session. A sharp recovery has emerged from the lows of 25473 levels and the market sustained the gains till the end.

A long bull candle has been formed on the daily chart with long lower shadow. Technically, this market action is indicating significant turnaround in the market for the short term. This is positive indication one may expect further upside in the short term.

The underlying trend of Nifty seems to have turned up post sharp weakness of last week. Having recovered from the key lower levels decisively, Nifty could advance towards the next hurdle of 26000-26100 levels in the next few sessions.

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed a sharp recovery from the lower levels. The Nifty ended 107 points higher, while the Sensex was up by 302 points. Among sectors, the Metal Index outperformed today, rallying over 2 percent, whereas the Realty and Media indices shed over 1 percent. Technically, after an early morning intraday sharp selloff, the market took support near 25,500/82,700 and bounced back sharply. From the day's lowest point, the market bounced back over 300/1,200 points, which is largely positive.

We are of the view that the intraday market texture is positive, but buy on dips and sell on rallies would be the ideal strategy for day traders. On the downside, 25,650/83,500 and 25,600/83,300 would act as key support zones, while 25,900-25,950/84,300-84,500 could serve as immediate resistance areas for the bulls. However, below 25,600/83,300, sentiment could change. If that happens, traders may consider exiting their long positions.

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 decision.

Rakesh Patil
first published: Jan 12, 2026 03:54 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347