Market Opening Bell: Sensex sheds 100 points, Nifty below 25,100 despite positive global cues
Sensex, Nifty Today: In early trade, market breadth was negative, with 1,840 stocks declining against 765 stocks rising on the NSE. 97 stocks remained unchanged.
Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Tuesday, January 27, 2026, despite positive global cues. While the 30-share BSE Sensex shed 100.91 points to start the session at 81,436.79, the Nifty dropped 14.7 points to open at 25,063.35. In the last trading session, the Sensex closed at 81,537.70 and the Nifty 50 at 25,048.65. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap tumbled 699.21 points, or 1.56 per cent, in the early trading session, the BSE Smallcap index was down by 1,050.74 points or 2.19 per cent, to trade at 46,825.31.
From the Sensex pack, Axis Bank, UltraTech Cement, Adani Ports, BEL and NTPC were among the major gainers, with Axis Bank leading the pack by gaining 3.62 per cent in the early trade. On the other hand, Mahindra, Kotak Bank, Eternal, Maruti, and HDFC Bank were among the losers, with M&M losing 4.59 per cent in the opening trade.
In early trade, market breadth was negative, with 1,840 stocks advancing against 765 stocks declining on the NSE. 97 stocks remained unchanged.
"On the downside, 24900/81100 would act as an immediate support zone. Below this level, selling pressure is likely to accelerate. Further below, the market could slip to 24700,–24,500/80500-80000. On the upside, above 25,200/82000, we could see a quick pullback up to 25,350–25,500/82500-83000," said Shrikant Chouhan, Head Equity Research, Kotak Securities.
"On the downside, 24900/81100 would act as an immediate support zone. Below this level, selling pressure is likely to accelerate. Further below, the market could slip to 24700,–24,500/80500-80000. On the upside, above 25,200/82000, we could see a quick pullback up to 25,350–25,500/82500-83000," said Shrikant Chouhan, Head Equity Research, Kotak Securities.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a drop of 134,5 points at 25,089.50, compared to the previous close of 24,955.
Foreign Institutional Investors (FIIs) remained net sellers and offloaded equities worth Rs 4,113.38 crore on January 23, 2026, while Domestic Institutional Investors (DIIs) extended their buying streak with net purchases of Rs 4,102.56 crore.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)