News
oi-Staff
Indian
equity
markets
are
expected
to
remain
volatile
in
the
coming
week
from
January
19
to
January
23,
as
investors
navigate
a
mix
of
global
geopolitical
developments,
domestic
earnings
announcements
and
institutional
fund
flows.
After
a
choppy
week
of
trading,
benchmark
indices
ended
almost
flat,
reflecting
growing
indecision
among
market
participants.
Stock
Market
Next
Week
From
19
to
23
January:
Sensex,
Nifty
Weekly
Prediction
The
benchmark
indices
witnessed
sharp
swings
through
the
week
before
settling
marginally
higher.
The
Indian
benchmark
indices
witnessed
a
volatile,
roller-coaster
movement
during
the
week
before
eventually
settling
almost
flat.
The
Nifty
50
ended
the
week
at
25,694.35,
up
just
0.04
per
cent,
while
the
BSE
Sensex
closed
at
83,570.35.
In
contrast,
the
Bank
Nifty
outperformed,
gaining
1.42
per
cent
to
end
at
60,095.15.
On
the
sectoral
front,
capital
markets,
PSU
banks
and
metal
stocks
emerged
as
the
top
performers,
gaining
nearly
5
per
cent,
4.8
per
cent
and
4.5
per
cent,
respectively.
Meanwhile,
consumer
durables,
realty
and
pharmaceutical
stocks
underperformed,
declining
between
2
per
cent
and
3
per
cent
over
the
week.
The
relative
strength
in
banking
stocks,
particularly
PSU
banks,
helped
cushion
broader
market
weakness.
“The
outperformance
in
the
banking
space
was
largely
driven
by
renewed
buying
interest
in
PSU
banks,
which
helped
improve
overall
sentiment
within
the
banking
index,” Dr
Ravi
Singh,
Chief
Research
Officer
at
Master
Capital
Services
noted.
Key
Factors
To
Drive
Market
Sentiment
This
Week
Global
cues
are
likely
to
remain
a
key
driver
of
market
sentiment
next
week.
Early
optimism
during
the
previous
week,
triggered
by
comments
from
the
newly
appointed
US
Ambassador
to
India
regarding
progress
on
a
bilateral
trade
agreement,
faded
quickly
as
geopolitical
tensions
resurfaced.
US-India
trade
agreement
talks
initially
lifted
market
mood
after
comments
from
the
newly
appointed
US
Ambassador
to
India,
but
the
optimism
faded
quickly.
Geopolitical
tensions
in
the
Middle
East
weighed
on
Indian
stock
markets,
especially
after
remarks
by
the
US
President
on
possible
military
action
against
Iran.
Q3
Results
Next
Week:
Weak
Q3
earnings
from
select
heavyweight
stocks
added
further
pressure,
dampening
overall
market
sentiment
and
increasing
caution
among
investors.
From
a
flows
perspective,
foreign
institutional
investors
(FIIs)
continued
to
remain
net
sellers,
offloading
equities
worth
Rs
14,266
crore,
while
domestic
institutional
investors
(DIIs)
provided
strong
support
with
net
inflows
of
Rs
16,174
crore.
Nifty
Weekly
Prediction
From
19
to
23
Jan,
2026:
How
Nifty50
Will
Trade
Next
Week
Technically,
the
Nifty
ended
the
week
on
a
flat
note
and
formed
a
doji
candle
on
the
weekly
chart,
indicating
market
indecision.
“The
index
is
currently
hovering
near
its
21-week
EMA,
which
is
acting
as
a
crucial
support,” Dr
Singh
said,
adding
that
prices
continue
to
trade
below
the
21-day
and
55-day
EMAs,
signalling
a
loss
of
short-term
momentum.
For
the
coming
week,
immediate
support
for
the
Nifty
is
placed
in
the
25,500-25,470
zone.
A
decisive
break
below
this
level
could
drag
the
index
towards
25,300.
On
the
upside,
resistance
is
seen
near
25,900,
and
a
sustained
move
above
this
level
could
open
the
door
for
a
rally
towards
26,100.
Sensex
Prediction
Next
Week
The
Sensex
is
expected
to
mirror
Nifty’s
movement,
with
volatility
likely
to
persist
amid
global
uncertainty
and
earnings-related
stock-specific
action.
As
long
as
broader
indices
remain
below
key
short-term
moving
averages,
the
expert
suggest
a
cautious
approach
with
selective
buying.
Bank
Nifty
Weekly
Prediction
Bank
Nifty
remains
relatively
stronger
compared
to
frontline
indices.
The
index
rebounded
sharply
after
testing
its
21-day
EMA
and
continues
to
trade
within
a
bullish
channel
above
its
previous
breakout
zone.
“As
long
as
the
index
sustains
above
the
59,500-59,600
zone,
a
buy-on-dips
strategy
remains
favourable,”
Dr
Singh
said.
On
the
upside,
the
60,400-60,500
zone,
located
near
record
highs,
will
act
as
a
crucial
resistance.
A
sustained
breakout
above
this
level
could
push
the
Bank
Nifty
towards
the
61,000
mark
in
the
near
term.
Disclaimer
Credit:
Goodreturns
