Sensex up 187 pts at 83,570 | Nifty up 28 pts at 25,694
Midcap flat | Smallcap down 0.51% | Bank Nifty up 0.86%
Key Market Triggers
Infosys boosted Nifty after raising FY26 guidance; strong US ADR performance supported sentiment.
Large caps outperformed, while mid & smallcaps remained under pressure.
Focus now shifts to Q3 results of mid and smallcap companies for potential recovery.
January 26–27 Watch
Republic Day visit by EU officials; India–EU FTA talks expected on Jan 27.
Any positive update on FTA could be economy & market positive.
India–US Trade Deal
Talks progressing positively; no timeline yet.
Finalisation could remove a key market overhang.
Geopolitics & Crude
Donald Trump ruled out immediate Iran action.
Crude prices eased, positive for India’s import-heavy economy.
Global Investor Sentiment
At Goldman Sachs conference, 33% fund managers chose India as top emerging market.
Strong domestic consumption supports long-term growth outlook.
Investor Checklist
Track Q3 earnings
Listen to management concalls for guidance on stock direction
Gold & Silver Update
Prices corrected due to easing geopolitical tensions.
Gold: stable, limited downside.
Silver: higher volatility; strong demand but risk if supply improves.
Other Key Updates
Moody’s upgraded outlook to stable for Adani Ports, Adani Transmission, Adani Electricity Mumbai.
Maruti Suzuki launched Victoris model; exports planned to 100 countries.
Ola Electric received BIS certification for 9.1 kWh battery system.
IndiaMART surged after ₹232 crore block deal by Nalanda India Equity Fund.
ITC & Godfrey Phillips raised cigarette prices 12–15%; margin positive but unbranded shift risk remains.
Market Update 16-01-2026
