India Market Open Summary
January 2, 2026
Indices
Note :
- 'Open' prices are based on pre-market indicators and may differ slightly at actual market open.
- Traders are advised to wait for the first 30 minutes of trading to gauge market direction more accurately.
- Always use proper risk management techniques, especially on days with higher volatility.
Top Gainers and Losers : 01-01-2026
Top Gainers
Top Losers
Note :
- Last Price and Change are as of market open.
- Volume represents the number of shares traded in the first 15 minutes of trading.
- 52-Week High and Low are based on the previous trading day's close.
Global Markets Overview: Negative
Major global indices are showing negative trends, indicating a unfavorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD closed up by -0.76%, S&P 500 CFD index lost by -0.74%.
- European Markets: CAC CFD down by -0.23%, FTSE CFD decreased by -0.09%.
- Asian Markets: Hang Seng CFD rose by 1.73%, KOSPI index up by 1.0%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
26,146.55
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
26,068.35
Intraday Resistances:
26,236.65
- Nifty 50 is in a steady uptrend following a strong upward move
- Key support is around 26,080 with resistance at 26,145 forming a consolidation zone
- Significant volume spike observed around 15:00, indicating potential momentum change
- Watch for a breakout above 26,145 for possible bullish continuation
Bank Nifty Outlook
#StreetOpen
Previous Close:
59,711.55
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
59,501.25
Intraday Resistances:
59,848.35
- Bank Nifty is in a strong uptrend with a steady climb observed in the chart
- Key support is at 59,500 while resistance is seen near 59,800
- Volume spikes around midsession indicate strong buying interest
- A breakout above 59,800 could lead to further bullish momentum
Previous Day's Market Breadth
Total Advancing Stocks
1669
Total Declining Stocks
1443
Advance-Decline Ratio
1.157
Sector Watch
Note :
- Sector performance is based on the first 30 minutes of trading.
- Individual stock movements within sectors may vary.
- Investors should consider their risk appetite and investment horizon before making decisions based on short-term sector movements.
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
14
Declining Sectors
6
Advance-Decline Ratio
2.333
Sector Rotation Analysis
Key Sector Trends
FMCG
FMCG index shed 3% due to new excise duty on cigarettes, impacting ITC shares.
Automobile & Ancillaries
Maruti Suzuki sales increased by 22% in December, indicating strong demand in the automobile sector.
Software & IT Services
IT shares rebounded after a 6-day decline, with Wipro and HCL Tech among top gainers.
Oil & Gas
Crude oil prices rose to Rs 5,217 per barrel, reflecting increased demand in the oil market.
Pre-Market News
- Ola Electric:Ola Electric shares settle 4% higher as firm reports higher MoM market share in December.
- Zydus Wellness:Zydus Wellness shares rise 10% in two days as Motilal Oswal gives 'buy' rating, sees up to 35% upside.
- Blue Dart:Blue Dart shares rise 9% as tax demand against arm cut to Rs 65 lakh from Rs 421 crore.
Stocks to Watch
Hero Motocorp
Total sales up 40% at 4.56 lakh units against 3.24 lakh units, YoY.
TVS Motor
Total sales up 50% at 4.81 lakh units versus 3.21 lakh units, YoY.
Time Techno
Gets PESO approval to manufacture & supply high pressure cylinders of 2 liter capacity.
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About Author
Santhosh Kumar V.
Founder, CEO Streetgains
Santhosh is a technical analyst, market researcher, educator and trader with 10+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.
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