Daily Finance Pulse India - 27 January 2026
Indian equity markets reopen on Tuesday, January 27, 2026, after Republic Day closure, with the Nifty50 last closing at 25,048.65, down 241.25 points (0.95%). Markets face headwinds as the index breaks below its 200-day moving average of 25,140, marking its worst weekly performance since September. Key triggers this week include the Union Budget 2026 presentation on January 28, US Federal Reserve interest rate decision, and Q3 earnings announcements from major companies including Tata Consumer Products and Asian Paints. Sentiment remains bearish amid broad-based selling pressure and profit-taking.
1/10
Nifty Breaks Below 200-Day Moving Average: Index at 25,048 Amid Broad Selling Pressure
January 23, 2026 · The Nifty50 closed at 25,048.65, down 241.25 points (0.95%), breaching its long-term 200-day moving average at 25,140. The index posted its worst weekly decline of 2.51% since the week ended October 3, 2025. Selling pressure intensified in mid-to-late trading hours despite opening higher on strong global cues.
Impact: Further downside towards 24,800 possible if support at 25,000 is breached; index needs to reclaim 25,300 for meaningful recovery.
2/10
Indian Stock Markets Closed on January 26 for Republic Day; Reopen Tuesday
January 26, 2026 · National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) remain fully closed on January 26 for India's 77th Republic Day celebrations. All market segments including equities, derivatives, and currency markets are non-operational. Trading resumes on Tuesday, January 27.
Impact: Markets reopen January 27 with compressed trading week ahead of Union Budget on January 28 and rare Sunday trading session on February 1.
3/10
Union Budget 2026 and Fed Decision Set as Key Market Catalysts This Week
January 23, 2026 · Finance Minister Nirmala Sitharaman will present Union Budget 2026 during Parliament's session starting January 28. Markets are also monitoring US Federal Reserve's interest rate decision and US consumer confidence data due Tuesday. Traders anticipate volatility from taxation changes, sector allocations, and economic measures.
Impact: Budget presentation and Fed decision expected to trigger sharp moves in banking, infrastructure, and renewable energy stocks; investors remain cautious on limited policy support expectations.
4/10
Broader Market Weakness: Midcap and Smallcap Indices Plunge Over 1.80%
January 23, 2026 · Nifty Midcap 100 fell 1.80% and Nifty Smallcap 100 declined 1.95%, reflecting pronounced weakness in broader markets. All sectoral indices closed in the red, with Nifty Realty falling 3.34% and Nifty PSU Bank down 2.27%, among the worst performers.
Impact: Broad-based selling pressure extends beyond large-cap stocks; mid and small-cap investors face heightened losses amid profit-booking.
5/10
Adani Group Stocks Lead Declines; Dr Reddy's, ONGC Emerge as Top Gainers
January 23, 2026 · Adani Enterprises and Adani Ports were among the biggest laggards, bearing the brunt of selling pressure. Dr Reddy's Laboratories, ONGC, and Tech Mahindra ended as top gainers within the Nifty pack. Sensex fell 769.67 points (0.94%) to 81,537.7.
Impact: Sector-specific weakness in infrastructure and ports offset by pharma and energy strength; investors showing selective buying in defensive stocks.
6/10
Q3 Earnings Concerns: Early Reporters Show Just 3.5% Profit Growth Year-on-Year
January 23, 2026 · Early third-quarter FY26 earnings announcements have reinforced concerns over profitability, with combined net profit of early-reporting companies rising just 3.5% year-on-year. Key companies including Kotak Mahindra Bank, UltraTech Cement, and Axis Bank announced results over the weekend.
Impact: Weak earnings growth raises concerns about corporate health and may limit upside potential; Tata Consumer Products and Asian Paints earnings due Tuesday will be closely watched.
7/10
Market Capitalization Falls by ₹7 Trillion on Friday; Weekly Decline Reaches ₹16 Trillion
January 23, 2026 · Total market capitalization of BSE-listed companies fell by nearly ₹7 trillion on Friday to ₹452 trillion. For the week, market cap declined by ₹16 trillion, reflecting sustained selling pressure and investor caution.
Impact: Significant wealth erosion signals broad investor pessimism; recovery will require positive triggers from Budget or earnings surprises.
8/10
Technical Resistance at 25,300; Support Zone at 24,800-24,900 Under Pressure
January 23, 2026 · According to Centrum Broking analyst Nilesh Jain, Nifty needs to decisively reclaim 25,300 level to trigger meaningful short-covering rally towards 25,600 zone. A breach below 25,000 could intensify selling and drag index towards 24,800, with sustained breakdown potentially opening door for further downside.
Impact: Technical levels provide near-term trading range; investors should watch 25,000 support closely as key decision point for trend reversal.
9/10
Global Trade Negotiations and Geopolitical Dynamics Continue to Weigh on Sentiment
January 23, 2026 · Markets are monitoring ongoing developments around global trade negotiations and geopolitical dynamics alongside domestic catalysts. Siddhartha Khemka of Motilal Oswal notes stock-specific action will be driven by Q3 earnings announcements and macro events.
Impact: External uncertainties add to domestic concerns; investors remain cautious pending clarity on trade policies and geopolitical risks.
10/10
Rare Sunday Trading Session Scheduled for February 1 Union Budget Presentation
January 26, 2026 · National Stock Exchange announced exceptional live trading session on Sunday, February 1, solely for Union Budget reveal. This rare move allows immediate market reactions to fiscal policies and economic measures, a practice reserved for high-impact events.
Impact: Investors should prepare for extended trading week with compressed schedule; Budget-driven volatility expected to shape market direction through February.