📈 DAILY MARKET UPDATE
📅 Date – 8 Jan 2026



🇮🇳 INDIAN MARKET

✔️ Nifty Levels:
• Previous Close – 26,041 (down ~38 pts)
• Pattern – Doji candle → Market indecision
• Trend – Trading near lower band of rising channel
• Key Levels:
🔺 Upside breakout above 26,188 → Target 26,274
🔻 Support 26,039 (20Day SMA)
⚠️ Break below 26,039 → 25,900 → 25,700 possible

✔️ Bank Nifty:
• Close – 59,991 (down ~128 pts)
• Weak due to selling in financial stocks

✔️ FIIs & DIIs:
• FII Cash Sell – ₹1,528 Cr
• Monthly outflow now ~₹3,200 Cr

✔️ Sector Trend (Key Movers):
• Top Gainer – Tata Alexi +9.5%
• Top Loser – Cipla −4.3%

✔️ Volatility:
• India VIX – 9.95 (Calm, low fear)

✔️ Options Data:
• Nifty PCR – 0.89 → Caution tone
• Nifty – Short buildup seen
• Bank Nifty – Long unwinding
• Retail traders still net bullish (risk of squeeze)

✔️ Stock Setups to Watch:
• Bullish Momentum: Tata Alexi
• Weakness: Pharma space (Ciplaled)



🌍 GLOBAL MARKET

✔️ US Markets (Overnight):
• S&P 500 – −0.3%
• Dow Jones – −0.9%
• Nasdaq – +0.2% (helped by Alphabet +2.4%)

✔️ US Equity Futures:
• Flat / little changed

✔️ Asia Markets:
• Nikkei – −0.46%
• Topix – −0.27%
• Overall – Mixed opening

✔️ Crude Oil (WTI):
• −1.4% on demand & policy concerns

✔️ Gold:
• Slight profitbooking after recent rally

✔️ Dollar / Rupee:
• INR strengthened to ~89.83

✔️ Volatility Index (US VIX):
• Stable / mild risk tone

✔️ Data to Watch Today:
• GDP estimates (Key for Budget outlook)



🎯 Quick Summary (For Day Traders)

• Sentiment – Cautious / Riskoff
• Key Nifty Zone – 26,039 → CRITICAL SUPPORT
• Holding above → Bounce possible
• Breaking below → Weakness toward 25,900 – 25,700
• FIIs continue heavy selling
• Bank Nifty weak due to financial stock pressure
• Retail traders still long → volatility risk
• Global markets mixed with mild pressure

📈 DAILY MARKET UPDATE
📅 Date – 9 Jan 2026

🇮🇳 INDIAN MARKET

✔️ Nifty 50

• Close: 25,877
• Change: ▼ 64 points
• Trend: Bearish — 4th consecutive losing session
• Technical Damage:
– Broke upward trendline (from 7 Nov)
– Slipped below 20DMA → momentum turned negative
• Immediate Support: 25,855
• Major Support Zone: 25,700
• Immediate Resistance: 26,044 – 26,133
• Positional Range: 25,700 – 26,350
👉 Break below 25,855 = selling may accelerate



✔️ Bank Nifty

• Close: 59,687
• Change: ▼ 304 points
• Action: Heavy long unwinding, bulls showing capitulation
• Still relatively strong compared to other sectors



✔️ FIIs & DIIs

• FII Cash Sell: ₹3,367 crore (largest in 6 sessions)
• MTD FII Outflow: ₹6,878 crore
• FIIs remain clearly bearish



✔️ Sector Trend

• All 12 sectoral indices closed in RED
• Worst Sector: Nifty Metal ▼ 3.4%
• Least Damage: Nifty Bank



✔️ Derivatives & Options Data

• Nifty Futures: ▼ ~250 points
• Open Interest: ▲ 15.7% → aggressive short buildup (highest in 1 year)
• PCR: 0.66 (series low) → extreme bearish positioning
• Call Writing: 5 calls written for every 1 put
• Premiums:
– Nifty: 109 points
– Bank Nifty: 119 points (cost of carry still resilient)
• FII Index L/S Ratio: 0.1 → structurally bearish
• Retail Positioning: Aggressively bullish (contrarian risk)



✔️ Volatility

• India VIX: ▲ 6.5% to 10.6
• Indicates strong downside momentum, base still forming



✔️ Stocks to Watch (F&O)

• Top Gainer: Dixon ▲ 1.9%
• Top Loser: BHEL ▼ 8.8%
(on reports India may ease curbs on Chinese firms bidding for govt contracts)



🌍 GLOBAL MARKET

✔️ US Markets (Overnight)

• S&P 500: ▲ 0.01% (flat)
• Dow Jones: ▲ 0.6%
• NASDAQ: ▼ 0.4%
• US Futures: Flat in early Asian hours
• Focus on US December Jobs Report & Supreme Court tariffrelated developments



✔️ Asia Markets

• Mixed trade ahead of China inflation data
• Nikkei: ▲ 0.54%
• Topix: ▲ 0.46%



✔️ Commodities

• Gold: ▲ 0.1% (rangebound)
– Trading Range: 4300 – 4550
• WTI Crude: ▲ 1.75% to $57.09/bbl
– Supported by 3.8 million barrel US inventory draw



✔️ Currency

• USD/INR: 89.88 (slightly stronger dollar)



🎯 QUICK SUMMARY (FOR DAY TRADERS)

• Market firmly in downtrend
• 25,855 is key intraday trigger — break can accelerate fall
• 25,700 is tactical support
• Heavy FII selling + short buildup = sellonrise strategy
• Volatility rising → keep tight stoplosses
• Metals weakest, Bank Nifty relatively stable

📈 DAILY MARKET UPDATE
📅 Date – 12 Jan 2026


🇮🇳 INDIAN MARKET

✔️ Nifty Levels

Friday Close: 25,683 🔻 (194 pts)
Trend: Bearish
Reason: Breakdown from 26,300 – 25,700 consolidation
Below: 20 DMA & 50 DMA ❌
Immediate Support: 25,500
Next Support Zone: 25,400 – 25,200
Resistance Zone: 26,000 – 26,100 (Strong supply)



✔️ Bank Nifty

Friday Close: 59,252 🔻 (435 pts)
Trend: Weak, short buildup seen
Intraday View: Sell on rise near resistance



✔️ FIIs & DIIs

FII Cash Selling: ₹3,769 Cr 🔻
Monthly FII Outflow: ₹10,990 Cr ❗️
Derivatives:

Nifty Futures ↓ 197 pts
Bank Nifty Futures ↓ 344 pts
OI Increased → Strong Short Buildup



✔️ Sector Trend

Top Gainer: Nifty IT +0.3%
Top Loser: Nifty Realty 2.3%
Market Breadth:

2 sectors green
10 sectors red ❌
Broadbased weakness



✔️ Options Data

Nifty PCR: 0.62 (6series low) ❗️
Call Writers: In full control
Index LongShort Ratio: 0.08 (Multimonth low)
View: Bearish sentiment continues



✔️ Stocks in Focus

NALCO: +4.7% (Top gainer)
IEX: 7.3% (Hearing on market coupling deferred to 19 Jan)



✔️ Volatility

Market Volatility: High
Reason:

Geopolitical tension
US–India trade uncertainty
Heavy FII selling
Advice: Strict stoploss mandatory ⚠️



🌍 GLOBAL MARKET

✔️ US Markets (Friday)

Dow Jones: +0.5% (New closing record) 🏆
S&P 500: +0.6%
NASDAQ: +0.8%
US Futures: Flat in Asian hours



✔️ Key US Data

Jobs Added: Lower than expected
Unemployment Rate: Fell to 4.4%
View: Labour market still resilient → supports risk sentiment



✔️ Asia Markets

AsiaPacific: Opened higher on Monday
Cue: Positive Wall Street close



✔️ Commodities

Gold: +0.65% at 4506

Support from softer US jobs data
Technicals positive
WTI Crude: +2% at $59.19

Geopolitical tension & Iran unrest supporting prices



✔️ Dollar & Rupee

USD/INR: Rupee weakened
Pressure From:

Crude volatility
Capital outflows



✔️ Events to Watch

US economic data this week
US Supreme Court ruling on tariffs
Earnings season begins



🎯 Quick Summary

Trend: Shortterm bearish
Strategy:

Sell on rise
Trade near support & resistance only
Avoid overleveraging
Key Nifty Range: 25,500 – 25,900



⚠️ This content is for educational purposes only. Not financial advice.