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Informist, Friday, Jan. 16, 2026                                      Tel +91 (22) 6985-4000

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Equity Alert: Indices may open a tad higher; sell-on-rise approach expected

 

MUMBAI--0840 IST--Domestic benchmark indices are expected to open slightly higher Friday and investors are likely to go for sell-on-rise approach, analysts said. They expect volatility to continue due to the overhang of delayed discussions between India and the US regarding the trade deal. Market participants await corporate earnings of Reliance Industries, Tech Mahindra and Wipro, due later in the day. 

 

GIFT Nifty contracts suggest a higher opening for the Nifty 50 index on Friday. At 0835 IST, the GIFT Nifty's January contract was at 25785.50 points, 120 points higher than the Nifty 50's close of 25665.60 points on Wednesday. The BSE Sensex had closed at 83382.71 points on Wednesday, down 244.98 points or 0.3%. The Nifty 50 is expected to find support at 25500 points and face resistance at 25800-25850 points, Sundar Kewat, technical and derivatives analyst at Ashika Group, said. Wednesday, foreign investors offloaded shares worth INR 47.81 billion. However, domestic investors continue to support the market, having invested continuosly for several weeks.   

 

Information technology behemoth Infosys' consolidated net profit for Oct-Dec fell nearly 10% sequentially to INR 66.54 billion, after a one-time cost of INR 12.89 billion due to the new labour codes, which came into effect on Nov. 21. Its consolidated revenue for the quarter rose a little over 2% sequentially, beating the Street's view. Infosys has revised its revenue growth guidance for 2025–26 (Apr-Mar) to 3.0–3.5% from 2.0–3.0?rlier. Infosys American Depositary Receipts closed 10% higher at $19.35 on Wednesday after the company reported its December quarter earnings. However, they fell around 3% to close at $18.82 on Thursday. 

 

Indices in the US ended higher Thursday after closing lower for two consecutive sessions. The gains were led by a rise in banking stocks and shares of chip-making companies. The jobless claims data for the week ended Jan. 10 came in at 198,000, which as lower than the 215,000 expected by a poll of economists from Dow Jones, CNBC said. Asian indices were mixed in early trade, with majority of them gaining.  (Arundathi A R)

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Equity Alert: Most Asian indices higher; KOSPI hits fresh record high

 

MUMBAI--0816 IST--Most equity indices in Asia were trading higher with South Korea's KOSPI and a few others touching fresh record highs. The Topix index and the Nikkei were trading lower. Shares of chipmaking companies in the region rose as investors eye a potential trade deal between the US and Taiwan.

 

The two countries reached a trade agreement, under which the companies in Taiwan will invest $250 billion towards production capacity in the US to build chips and chip-making factories, with the Taiwanese government guaranteeing $250 billion credit for the companies. In return, the US will limit its reciprocal tariffs on Taiwan to 15% against the earlier 20% and commit to zero reciprocal tariffs on generic pharmaceuticals, their ingredients, aircraft components and some natural resources, according to a report from CNBC. Shares of Taiwan Semiconductor Manufacturing Co. were up 2% during the session. The rise came as the company delivered another record quarter and said it expects to boost capital expenditure in 2026 to between $52 billion and $56 billion.

 

Japan's Nikkei index was trading lower. Shares of Softbank group were up 0.4%. The group has investments in shares of chip-making companies and a stake in chip design company Arm Holdings, CNBC said. In South Korea, shares of heavyweight Samsung Electronics Co. were up over 3% and those of its peer SK Hynix were up nearly 1%. 

 

Following are the levels of key Asian indices at 0813 IST:

 

INDEX	LEVEL	CHANGE IN %
CSI 300 Index	4760.47	0.19
Hang Seng Index	26923.67	0.00
KOSPI	4846.91	1.03
Nikkei 225 Day	53883.88	(-)0.42
TOPIX FIRST SECTION	3658.69	(-)0.28
FTSE Singapore Straits Times	4838.78	0.11
S&P/ASX 200 Index	8893.70	0.36

 

(Akshat Saksena)

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Equity Alert: US indices end higher after 2 sessions of decline; bk shrs up

 

MUMBAI--0735 IST--Equity indices in the US ended higher Thursday after two consecutive sessions of declines. The gains were led by a rise in banking stocks, as they kicked off the earnings season, as well as shares of chip-making companies. Further, the latest economic data pointed towards a strong jobs market.

 

Shares of Goldman Sachs and Morgan Stanley rose nearly 5% and 6%, respectively, after they reported a rise in quarterly profits due to a flurry of dealmaking, according to a report from Reuters. Mixed results from other banks weighed on the sector earlier this week, along with tensions over US President Donald Trump's call for a one-year cap on credit card interest rates at 10%. Shares of BlackRock gained nearly 6% after the surge in markets pushed the company's assets under management to a record $14.04 trillion. The financial management company earned $342 billion in total client cash for the quarter ended Dec. 31, according to a Bloomberg report.  

 

Shares of chipmaking companies rose after Taiwan Semiconductor Manufacturing Co. reported a record quarter and said it expects to boost its capital expenditure in 2026 to around $52 billion-$56 billion. Shares of the company rose over 4%, CNBC reported. Shares of VanEck Semiconductor ETF and NVIDIA Corp. rose over 2?ch. Results of the Taiwan-based chipmaker reassured investors that artificial intelligence is not necessarily a bubble currently, Kim Forrest, investment chief at Bokeh Capital Partners, was quoted as saying by CNBC. The Taiwan-based company is going to spend a lot of money to build out capacity, the investment chief added. 

 

The jobless claims data for the week ended Saturday came in at 198,000. This was lower than the 215,000 expected by a poll of economists from Dow Jones, CNBC said. The rebound in the indices comes after two sessions of fall where investors were concerned over the geopolitical tensions in Iran and Greenland along with the future of the US Federal Reserve and its independence after the criminal investigation into US Federal Reserve Chair Jerome Powell. Investors are set to await earnings from more diversified companies next week, Reuters said. 

 

Following are the closing levels of US indices Thursday:  

 

Index	Level	Change in %
S&P 500	6944.47	0.26
NASDAQ Composite	23530.022	0.25
Dow Jones Industrial Average	49442.44	0.6

 

(Akshat Saksena)

 

US$1 = INR 90.30

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Vandana Hingorani

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

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