India Market Open Summary
January 28, 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 : 27-01-2026
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 0.91%, S&P 500 CFD index gained by 0.42%.
- European Markets: FTSE CFD up by 0.58%, CAC CFD increased by 0.27%.
- Asian Markets: Hang Seng CFD rose by 1.41%, KOSPI index up by 1.36%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
25,175.40
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
24,804.10
Intraday Resistances:
25,432.30
- NIFTY50 is currently in a shortterm uptrend after breaking out from consolidation
- Immediate resistance is near 25,300, with support established at 25,100
- Significant volume spike observed, indicating strong buying interest
- Potential bullish movement if sustained above 25,200 with increased momentum
Bank Nifty Outlook
#StreetOpen
Previous Close:
59,205.45
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
57,606.08
Intraday Resistances:
60,236.48
- Bank Nifty is currently showing strong bullish momentum with an uptrend
- Resistance is seen around 59,440, while support is at 58,800
- Significant volume spike aligns with the recent upward move, suggesting strong buying interest
- Potential breakout above 59,440 could propel the index towards 59,600 in the short term
Previous Day's Market Breadth
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
Sector Rotation Analysis
Key Sector Trends
Finance
Foreign institutional investors were net sellers, while domestic investors provided strong support in the equity market.
Miscellaneous
The market is in a rebalancing phase, cooling excesses without losing strength.
Miscellaneous
Capital gains tax fears are rattling markets, amplifying risk amid volatile equities.
Miscellaneous
The Indian market's performance is lacklustre compared to competing markets, with taxation making equity investing unattractive.
Pre-Market News
- JSW Steel:JSW Steel shares jump 5% after net profit surges 198% to Rs 717 crore.
- Hindustan Zinc:Vedanta to sell up to 1.6% stake in Hindustan Zinc via OFS to raise Rs 4,600 cr.
- Axis Bank:Bank Nifty rises 700 points as Axis Bank, PNB, other stocks rise up to 5%.
- IRCTC:IRCTC share price hits 52-week low at Rs 602.10, falls 2.54%.
Stocks to Watch
Marico
Q3 net profit rises 13.3% at Rs 460 crore versus Rs 406 crore, YoY
RamkrishnaForge
Q3 net profit down 35.4% at Rs 13.5 crore versus Rs 20.9 crore, YoY
ONGC
Company JV signs contact with 2 ethane carriers with Samsung Heavy Ind
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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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