India Market Open Summary
January 7, 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 : 06-01-2026
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: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD opened up by 0.67%, S&P 500 CFD index gained by 0.64%.
- European Markets: FTSE CFD up by 1.17%, CAC CFD increased by 0.31%.
- Asian Markets: Hang Seng CFD fell by -0.81%, Nikkei 225 CFD index down by -0.56%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
26,178.70
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
26,043.27
Intraday Resistances:
26,341.67
- NIFTY50 is in a downtrend with a recent attempt at recovery observed
- Immediate resistance is near 26,240 and support is around 26,120
- Significant volume spike occurred during the late downtrend phase, indicating strong selling pressure
- Watch for a potential bullish reversal if the price sustains above 26,200 with increased volume
Bank Nifty Outlook
#StreetOpen
Previous Close:
60,118.40
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
59,629.20
Intraday Resistances:
60,549.60
- Bank Nifty is currently experiencing a consolidation phase
- Key resistance is observed at 60,360, while support lies around 59,800
- A significant volume spike occurred near 59,600 indicating potential reversal interest
- A breakout above 60,200 might signal a bullish move towards 60,480
Previous Day's Market Breadth
Total Advancing Stocks
1234
Total Declining Stocks
1878
Advance-Decline Ratio
0.657
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
12
Declining Sectors
8
Advance-Decline Ratio
1.5
Sector Rotation Analysis
Key Sector Trends
Oil & Gas
US crude oil prices fell over 1% after the announcement of Venezuela turning over 30-50 million barrels of sanctioned oil to the US.
Infrastructure
The upcoming Union Budget may see large capex plans under infrastructure, power, railways, and defence.
Healthcare
India's share in the global CRDMO market is expected to rise to 4.7% by 2029, making the pharma sector attractive.
Finance
DIIs have been net buyers in Indian equities, adding strength to the market with a buying spree reaching Rs 7.85 lakh crore.
Sectors to Watch
Sector - News
Healthcare
Pharma stocks like Divi's Labs and Lupin rose up to 4% as the sector looks attractive.
Manufacturing
Compact Structure Fund acquired an additional 0.8% stake in Speb Adhesives, boosting its share price.
Finance
Turtlemint Fintech is eyeing a Rs 2,000-crore IPO, targeting a public listing by April 2026.
Pre-Market News
- HDFC Bank:HDFC Bank shares hit three-month low on Q3 biz update; brokerages flag slower deposit growth.
- HPCL:HPCL eyes $2.5+ GRM boost from Vizag upgrade project; Barmer refinery commissioning in weeks.
- Hindustan Zinc:Hindustan Zinc shares rise 2% as silver prices jump, silver ETFs climb 3%.
Stocks to Watch
Yes Bank
Gets NSDL approval to transfer demat undertaking under retail division to Yes Securities (India)
Lodha Developer
Pre-sales up 25% at Rs 5,620 crore versus Rs 4,510 crore, YoY
Biocon
Arm to introduce 3 new oncology biosimilars at a healthcare conference in US
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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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