Markets Rest Today, But Smart Investors Stay Alert.
The Indian stock markets are closed today, January 15, 2026, due to the Maharashtra municipal corporation elections. Trading across equity, derivatives, and most commodity segments remains suspended as Mumbai—home to both the BSE and NSE—observes a public holiday.
Because of this closure, the weekly options expiry has been shifted to January 14.
In the previous trading session on January 14, benchmark indices ended lower amid volatility and profit booking.
Nifty 50: 25,665.60 (▼ 0.26%)
Sensex: 83,382.71 (▼ 0.29%)
Nifty IT: ▼ 1.08%
Despite the weakness in large caps, broader markets performed better:
BSE Smallcap: ▲ 0.25%
BSE Midcap: ▲ 0.16%
The metal sector surged 2.67%, led by strong gains in stocks like Hindalco.
Key Sectoral Moves
Banking stocks showed resilience, with Nifty Bank ending flat at 59,580.15.
IT stocks remained under pressure after Jefferies highlighted margin concerns linked to new labor codes.
Auto stocks declined for the fifth straight session amid mixed global and domestic cues.
Real estate stocks extended losses for the seventh day, driven by concerns over IT sector layoffs.
Meanwhile, silver ETFs touched record highs, lifting stocks like Hindustan Zinc, which jumped 6%.
Corporate Highlights
Infosys: Q3FY26 net profit fell 2.2% YoY to ₹6,654 crore, missing estimates, though revenue guidance was raised. The company plans to hire 20,000 freshers in FY26.
RedTape: Shares surged 10% amid reports of a possible stake sale involving Blackstone and KKR.
Ixigo: Jumped 9% after an upgrade by JM Financial.
Blinkit: Scrapped its 10-minute delivery promise, impacting sentiment across quick commerce peers.
Market Outlook & Fund Flows
GIFT Nifty futures traded higher at 25,799.50 (▲ 0.47%), indicating a possible rebound when markets reopen, supported by optimism around US trade talks.
Institutional Activity:
FIIs: Net sellers of ₹36.25 crore
DIIs: Net buyers of ₹1,764 crore
Looking ahead, expectations from Union Budget 2026 revolve around consumption growth, capital expenditure, and fiscal consolidation.
Analysts see Nifty support near 25,300, while sectors like metals and select large caps such as HDFC Bank (buy target ₹1,850) may offer upside opportunities.
While markets are closed today, global cues, budget expectations, and sector rotation will shape sentiment in the coming sessions.
Disclaimer: Yeh views market experts ke hain and not of trueincome. Investment karne se pehle certified advisor se consult zaroor karein.
Markets Rest Today, But Smart Investors Stay Alert.
