The Capital Market index rallied 1.30 percent, whereas Infra and Défense indices shed over 1 percent
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, 13 January 2026: Today, the benchmark indices experienced a volatile trading session. The Nifty ended 58 points lower, while the Sensex was down by 250 points. Among sectors, the Capital Market index rallied 1.30 percent, whereas Infra and Défense indices shed over 1 percent. Technically, after a gap-up open, the market faced consistent selling pressure at higher levels. On daily charts, it has formed a bearish candle, which is largely negative.
We are of the view that the intraday market texture is non-directional; hence, levels-based trading would be the ideal strategy for day traders. On the downside, 25,600-25,550/83200-83000 would act as key support zones, while 25,900-25,950/84300-84500 could be the key resistance areas for the bulls. However, below 25,550/83000, the sentiment could change, below the same traders may prefer to exit out from the trading long positions.
Gaurav Garg, Lemonn Markets Desk, reports:
“Markets saw sharp intraday volatility on Tuesday but managed to recover nearly 450 points from the day’s lows, supported by value buying, optimism over India-US trade talks and a steady start to the earnings season. The Sensex slipped from an early high of 84,258 to a low of 83,579 before trimming losses to trade near 83,700, while the Nifty recovered from below 25,750 to around 25,747.
Sentiment improved as investors stepped in after recent corrections, with hopes of renewed momentum in India-US trade discussions providing support. Early IT earnings from TCS and HCLTech beat expectations, lending strength to technology stocks, while benign December inflation kept rate-cut hopes alive. Positive global cues and selective buying in banking stocks also aided the rebound. However, volatility remains elevated, with the Nifty needing to sustain above 25,800 for further upside, while support lies near 25,470.”
