India Market Open Summary
January 8, 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 : 07-01-2026
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 0.12%, Dow Jones Futures CFD index gained by 0.11%.
- European Markets: FTSE CFD down by -0.74%, CAC CFD decreased by -0.04%.
- Asian Markets: KOSPI rose by 1.09%, Taiwan Weighted index up by 0.42%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
26,140.75
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
26,012.68
Intraday Resistances:
26,251.18
- NIFTY50 is currently in a downtrend but showing signs of recovery
- Key resistance is observed at 26,180, with support around 26,060
- Significant volume spikes are noted at the lowest points, indicating potential accumulation
- A break above 26,180 could suggest a bullish reversal
Bank Nifty Outlook
#StreetOpen
Previous Close:
59,990.85
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
59,634.22
Intraday Resistances:
60,243.72
- Bank Nifty is currently in a downtrend with signs of shortterm recovery
- Resistance is at 60,080 with immediate support at 59,760
- A significant volume spike occurred around 59,760 indicating strong buying interest
- A breakout above 60,080 could signal a potential bullish move
Previous Day's Market Breadth
Total Advancing Stocks
1575
Total Declining Stocks
1543
Advance-Decline Ratio
1.021
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
7
Declining Sectors
13
Advance-Decline Ratio
0.538
Sector Rotation Analysis
Key Sector Trends
Software & IT Services
SaaS firm Amagi Media Labs plans a significant IPO, indicating robust growth in the software sector.
Manufacturing
Budget 2026 is set to prioritize domestic manufacturing and boost export competitiveness.
Finance
JPMorgan's takeover of Apple Card from Goldman Sachs marks a shift in the finance sector.
Miscellaneous
Rising geopolitical tensions boost hopes for higher defence orders, benefiting defence stocks.
Sectors to Watch
Sector - News
Real Estate
Sri Lotus Developers enters GIFT City with an ultra-luxury project.
Healthcare
Emcure Pharma hits a 52-week high amid strong demand for weight-loss injections.
Finance
IIFL Capital shares rise on rumors of TPG Capital acquiring a stake.
Pre-Market News
- CMS Info Systems:CMS Info Systems shares jump 7% on Rs 1,000-crore SBI contract win.
- HDFC Bank:HDFC Bank sees Rs 1,756 crore equity stake change hands, stock falls 1.5%.
- Indian Hotels:Indian Hotels shares fall 3% after Morgan Stanley downgrade.
- Balu Forge:Balu Forge shares hit 20% lower circuit on heavy volumes.
Stocks to Watch
MOIL
Appoints Vishwanath Suresh as Chairman & MD
Angel One
Board to meet on January 15 to consider stock split
Adani Green Ene
Arm signs investment agreement with Asahi India Glass
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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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