India Market Open Summary
January 29, 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 : 28-01-2026
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: Dow Jones Futures CFD closed up by -0.08%, S&P 500 CFD index lost by -0.01%.
- European Markets: CAC CFD down by -1.07%, FTSE CFD decreased by -0.53%.
- Asian Markets: Jakarta Composite CFD fell by -7.63%, Taiwan Weighted index down by -0.76%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
25,342.75
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
25,116.38
Intraday Resistances:
25,485.28
- NIFTY50 is currently in a recovery phase following a previous downtrend, indicated by a bounce from recent lows
- Key support is at 25,200, with immediate resistance around 25,360
- A noticeable volume spike occurred around the reversal, suggesting a potential increase in buying interest
- A sustained break above 25,360 could signal further bullish momentum toward 25,400
Bank Nifty Outlook
#StreetOpen
Previous Close:
59,598.80
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
59,053.13
Intraday Resistances:
59,972.73
- Bank Nifty shows a strong uptrend after bouncing back from a low near 58,000
- Resistance is at 59,600, with crucial support around 58,800
- Volume spikes indicate increasing buying interest, supporting bullish momentum
- A break above 59,600 could lead to further upwards movement
Previous Day's Market Breadth
Total Advancing Stocks
2448
Total Declining Stocks
733
Advance-Decline Ratio
3.34
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
13
Declining Sectors
7
Advance-Decline Ratio
1.857
Sector Rotation Analysis
Key Sector Trends
Finance
Foreign institutional investors switched to buying mode, picking up shares worth Rs 480 crore.
Capital Goods
Earnings recovery appears gradual but broad-based, with improving demand in financials, industrials, and select consumption segments.
Automobile & Ancillaries
India-EU FTA negotiations concluded, with autos and textiles as big winners.
Miscellaneous
Economic Survey indicates government's policy direction, shaping the Union Budget for 2026-27.
Pre-Market News
- Biocon:Biocon Biologics gets credit rating upgrade by S&P, boosting parent company Biocon shares.
- MIC Electronics:MIC Electronics shares hit 10% upper circuit on bagging Rs 114 crore order.
- BEL:BEL and other defence shares rise up to 12% as Nifty defence index soars 5%.
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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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