Nifty is a market index that was introduced by the National Stock Exchange in April 1996. It’s a blend of two words-National Stock Exchange (NSE) and Fifty. It is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.It is one of the two main stock indices used in India, the other being the BSE SENSEX. The base value of the index has been set at 1000 and the base capital of Rs 2.06 trillion. It was initially calculated on a full market capitalization methodology but in 2009 the computation was changed to a free float methodology. The base period for the NIFTY 50 index is November 3 1995, which marked the completion of one year of operations of the National Stock Exchange Equity Market Segment. Nifty 50 index has shaped up to be the largest consisting of exchange-traded funds (onshore and offshore) and exchange-traded options at NSE. It is the world’s most actively traded contract. As of April 2021, the index covers 13 sectors of the Indian Economy and offers investment managers exposure to the Indian market in one portfolio. It also has sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Auto, NIFTY Pharma etc. More
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.
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.
The Indian rupee ended almost flat at 90.16 per dollar on January 9 against January 2 closing 90.19.
Price movements turn erratic before the budget. But one thing stays clear: option prices become expensive (Volatility increases). You can benefit from this by going long straddle, buying an ATM Call and Put.
In the near term, focus is firmly on the upcoming Union Budget and the extent to which the government is willing to deploy fiscal measures to support growth, said Divam Sharma.
The weekly options data suggested that 25,500 is expected to act as a crucial support, with strong resistance at 26,000.
HDFC Bank, Trent are the worst performing stocks during the week
For the week, BSE Sensex and Nifty lost 2.5 percent each.
Sensex, Nifty pared part of their losses on fag-end buying after a sharp sell-off over the past four sessions.
Catch Lovisha Darad in conversation with Jatin Gedia, Technical Research Analyst, Mirae Asset Sharekhan and Anil Rego, Founder and Fund Manager at Right Horizons
Analysts find it likely that if push comes to shove and Russian crude has to be reduced further, discounted Venezuelan crude could enter India's sourcing mix in limited volumes, provided sanctions are lifted.
Sensex, Nifty declined on foreign fund outflows and renewed concerns over US tariff hikes.
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.
On January 8, 2026, Foreign Institutional Investors (FIIs) were net sellers of Indian equities worth approximately Rs 3,367 crore, extending a selling streak for the fourth consecutive session. In contrast, Domestic Institutional Investors (DIIs) provided strong support, purchasing equities worth approximately Rs 3,701 crore
Adani Enterprises, Shriram Finance, NTPC, ICICI Bank, Jio Financial were among major losers on the Nifty, while gainers were Asian Paints, ONGC, Bharat Electronics, HCL Technologies. Eternal. BSE Midcap index shed 0.8%, while smallcap index fell 1.7%. Among sectors, except IT, PSU Bank, Oil & Gas, all other indices ended lower with auto, FMCG, realty, consumer durables down 1-2 pe
IT sector looks especially compelling on a 3–5 year view, as the sector is back to its historical valuation range, said Carnelian’s Manoj Bahety.
Momentum indicators and a rising VIX signalled caution for bulls. The next support is placed at 25,700, and if Nifty 50 falls decisively below this level, a move toward 25,600–25,500 cannot be ruled out.
The rebound may be possible, but sustainability is the key to watch. If the index sustains below the 50 DEMA (25,900), the downward journey may extend toward 25,700, followed by 25,500. However, on the higher side, 26,000 is expected to act as resistance.
The weekly options data suggested that the Nifty 50 may trade in the 25,500–26,200 range in the short term.
As long as Nifty manages to hold above 25,850, buying interest may emerge at lower levels, an analyst said.
Biggest Nifty losers were Hindalco Industries, ONGC, Jio Financial, Wipro, Tech Mahindra, while gainers included ICICI Bank, Eternal, SBI Life Insurance, Bharat Electronics.
Catch Lovisha Darad in conversation with Nilesh Jain, Head VP- Derivative and Technical Research, Centrum Broking Ltd and Ashutosh Mishra, Head-Research , Inst Equity, Ashika Stock Broking
BSE, NSE today: BSE listed companies erased market cap of more than Rs 8 lakh crore amid broad-based selling pressure.
The Nifty50 extended its losing streak to a third straight session but managed to recover from the day’s lows to close near 26,140, holding on to the crucial 26,100 support. After a weak start and a volatile session marked by a tussle between buyers and sellers, a late rebound helped pare losses. IT, consumer durables and pharma stocks led the gains, while auto, oil & gas and realty stocks remained under pressure. Broader markets outperformed, with midcap and smallcap indices rising around 0.4%, as global cues and upcoming US jobs data stayed in focus. This morning, global cues were largely lower. US markets ended on a weak note, with Dow and S&P 500 retreating from record highs. Meanwhile, Asian markets were mixed this morning. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and Nitin Bhasin, Head of Institutional Equities, Ambit.