More Stories

Informist, Tuesday, Jan. 20, 2026                                      Tel +91 (22) 6985-4000

---

Equity Alert: Indices remain lower; Nifty 50 breaches immediate support

 

MUMBAI--1010 IST--Benchmark indices remained lower in early trade as metal companies came off highs and index heavyweights extended losses. Only a handful of Nifty 50 companies were trading higher, leading to the 50-stock index falling below its immediate support of 25000 points. The India VIX, which is the market's fear gauge, rose almost 4%, signalling volatility in trading. 

 

At 1008 IST, the Nifty 50 was at 254785.70 points, down 99.80 points, or 0.4%. The BSE Sensex was at 82966.49 points, down 279.69 points, or 0.3%. Bajaj Finance and Eternal were among the worst hit Nifty 50 stocks and were down 2-3%. ICICI Bank and Kotak Mahindra Bank were slightly higher, lending some support to the 50-stock index, but shedding some gains from earlier in the session. NTPC was the best performing Nifty 50 stock and was 1% higher. Meanwhile, a near 0.4% drop in Reliance Industries and a 0.3?ll in HDFC Bank was a major drag on the Nifty 50.

 

Among other stocks, shares of Oberoi Realty fell nearly 6?ter the company's consolidated bottom line for the reporting quarter rose 0.7% on year, but fell over 18% sequentially to INR 6.23 billion. Analysts' consensus estimate had pegged the realty player's bottom line for the December quarter at INR 7.04 billion.

 

Broader market indices fared worse than their benchmark peers, with all smallcap and midcap indices falling over 1%. Aditya Birla Fashion And Retail was the worst hit smallcap stock and was down over 7?ter as many as 43.5 million shares, amounting to 3.6% of the company's outstanding equity, changed hands in the large transaction at an average price of INR 66.4 apiece, taking the total transaction value to 2.89 billion, CNBC-TV18 reported. Bharat Heavy Electricals, Bank of Maharashtra, and Bharat Dynamics were down 2–4% and were the worst performing midcap stocks.  (Eshitva Prakash)

---

 

Equity Alert: Indices open lower as index heavyweights, FMCG cos fall

 

MUMBAI--0938 IST--Benchmark domestic indices opened slightly lower Tuesday, in line with declines in equity markets across Asia, which tumbled amid concerns of a transatlantic trade war. US President Donald Trump has threatened to impose tariffs on European countries opposing a US takeover of Greenland. The Nifty 50 was marginally lower in the early minutes of trade due to a fall in select fast-moving consumer goods companies and index heavyweight stocks. Metal stocks performed better than their peers in the 50-stock index, limiting losses.

 

At 0935 IST, the Nifty 50 was at 25461.90 points, down 123.60 points or 0.5%. The BSE Sensex was at 82883.35 points, down 362.83 points or 0.4%. Bajaj Finance and Interglobe Aviation were among the worst hit Nifty 50 stocks, down over 1% and 2%, respectively. Fast moving consumer goods stocks such as Eternal and Asian Paints were around 2% lower each. Shares of information technology major Wipro extended losses and those of other IT players such as Infosys, Tech Mahindra, Tata Consultancy Services, and HCL Technologies traded in the red. A 0.6?ll in HDFC Bank and a slight fall in Reliance Industries were major drags on the Nifty 50. Meanwhile, Kotak Mahindra Bank was the biggest support to the 50-stock index and was up 1%. 

 

Metal companies such as Hindalco Industries, JSW Steel, and Tata Steel traded with gains. The Nifty Realty index was hit the hardest and was down almost 2%, followed by the Nifty IT index, which was down 1%. All other sectoral indices were lower in the opening minutes of trading.

 

Among other stocks, LTIMindtree fell almost 6?ter the technology consulting and digital solutions company's consolidated net profit for the December quarter fell around 31% sequentially and 11% on year to INR 9.71 billion, missing analysts' expectations of INR 14.21 billion by a wide margin. The company's management has said it plans to raise wages in the March quarter.  (Eshitva Prakash)

---

Equity Alert: Indices seen in range Tue; Q3 results to give mkt direction

 

MUMBAI--0830 IST--Domestic benchmark indices are likley to move in a thin range Tuesday, with the bias negative due to the overhang of geopolitical issues. Analsyts see December quarter earnings giving the market direction in the coming sessions, while expectations from the Budget for 2026–27 (Apr-Mar) will give cues next week. Indices in the US were shut on MOnday on account of Martin Luther King Jr. holiday. 

 

The GIFT Nifty contracts suggest that the Nifty 50 index will be in range on Monday. At 0748 IST, the GIFT Nifty's January contract was at 25596.50 points, 11 points higher than the Nifty 50's close of 25585.50 points on Monday. The BSE Sensex closed at 83246.18 points on Monday, down 324.17 points or 0.4%. The Nifty 50 is expected to find support at 25500 points and face resistance at 25700 points, Sundar Kewat, technical and derivatives analyst at Ashika Group, said.

 

European Union leaders Monday urged for de-escalation and talks after US President Donald Trump threatened to impose 10% tariffs on eight European nations starting Feb. 1 until a "deal" is struck on Greenland. Trump has threatened 10% tariff on goods imported to the US from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland "until such time as a deal is reached for the complete and total purchase of Greenland". From Jun. 1, this tariff will be hiked to 25%.

 

Information technology services and consulting company LTIMindtree posted consolidated net profit of INR 9.71 billion for the December quarter on consolidated revenues of INR 107.81 billion. The company's net profit missed the Street view of INR 14.21 billion by a wide margin. Brokerage Emkay Global Financial Services has cut its estimate for FY26 earnings per share by 7.5%, factoring in the company's December quarter performance, while holding FY27 and FY28 estimates. The brokerage retains 'add' recommendation on LTIMindtree with a target price of INR 6,500. The company 

 

Hindustan Zinc reported a robust performance for the December quarter, with a sharp rise in both its bottom line and top line. The company reported a net profit of INR 38.79 billion for the December quarter, up around 47% on year. Revenue from operations rose around 28% on year to INR 109.22 billion. Emkay maintains its 'buy' recommendation on the stock with a target price of INR 700.

 

Most Asian indices were down in early trade amid concerns on renewed tariff threats from the US, after Trump pushed for levying 10% duties on goods imported from eight European nations. Barring Indonesia's IDX, all the indices were lower, with Japan's Nikkei 225 falling the most.  (Arundathi A R)

---

Equity Alert: Asian markets down; KOSPI falls after hitting fresh high

 

MUMBAI--0756 IST--Equity indices in Asia were down on Tuesday. The South Korean KOSPI was trading lower for the session after hitting a fresh high. Investors in the region are still grappling with US tariff threats on Europe as the region unites to support Greenland. Investors are also keeping an eye on Japan and the developments surrounding snap elections in the country. US markets were closed Monday on account of Martin Luther King Jr. holiday. 

 

European states are considering counter-tariffs and economic measures in response to the threat of tariffs by US President Donald Trump in his attempt to purchase Greenland, CNBC reported. Trump Saturday said exports from eight European nations would begin at 10% on Feb. 1 and climb to 25% by Jun. 1 if talks fail to secure US control of the mineral-rich island. The continent's constituents have gathered in support of the Arctic island. On Monday, the leader of the world's largest economy refused to rule out the use of force and seemed adamant that he would carry out his tariff threats on the eight members of the North Atlantic Treaty Organization, BBC reported. Speaking on the future of the semi-autonomous island, UK Foreign Secretary Yvette Cooper emphasised the country's position that the future of the island was for "Greenlanders and for the Danes alone" to decide. 

 

Japan's ruling coalition holds a one-seat Lower House majority after its formation in October after Sanae Takaichi came into power because of the resignation of her predecessor, CNBC reported. Given this, it would bring more clarity on policy if the snap elections result in a government with a stronger mandate, even if it raises some near-term political uncertainty, Fitch Group was reported as saying. The global brokerage expects government debt to gradually ease over the medium term as stronger nominal GDP growth will offset wider fiscal deficit and higher borrowing costs, despite expecting debt to remain elevated in the near term for Japan.

 

Meanwhile, China left its benchmark lending rates unchanged for an eighth consecutive month, with the one-year loan prime rate kept at 3% and the five-year loan prime rate kept at 3.5%, Reuters reported. This was in line with estimates, with 22 market participants surveyed by Reuters arriving at the same conclusion.

 

Following are the levels of key Asian indices at 0753 IST:

 

INDEX	LEVEL	CHANGE IN %
CSI 300 Index	4708.24	(-)0.55
Hang Seng Index	26495.09	(-)0.26
KOSPI	4887.95	(-)0.34
Nikkei 225 Day	53141.98	(-)0.82
TOPIX FIRST SECTION	3629.02	(-)0.75
FTSE Singapore Straits Times	4825.29	(-)0.20
S&P/ASX 200 Index	8822.40	(-)0.59

 

(Akshat Saksena)

 

US$1 = INR 91.02

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

 

Edited by Deepshikha Bhardwaj

 

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.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.