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Below the Quote on Closing Market Summary 13th January 2026 from Hitesh Tailor, Research Analyst - Research at Choice Equity Broking Private Limited

Indian equity markets ended the session on January 13, 2026 on a negative note after a rollercoaster session marked by sharp intraday swings, reflecting cautious sentiment amid lack of decisive triggers. At the close, the Sensex declined 250.48 points, or 0.30 percent, to settle at 83,627.69, while the Nifty slipped 57.95 points, or 0.22 percent, to end at 25,732.30.

The Nifty 50 opened on a positive note but remained volatile throughout the session, correcting nearly 300 points in the first half before recovering about 156 points in the latter half, indicating buying interest at lower levels. The index managed to close above last month’s low, thereby easing immediate downside concerns. It reclaimed the 25,700 level to close at 25,732. Immediate resistance is placed in the 25,850–25,900 zone, while key support lies at 25,550–25,600.

The Bank Nifty also opened higher but slipped nearly 450 points to an intraday low of 59,500 before rebounding by around 330 points to close at 59,578.80, highlighting buying interest near support levels. Resistance for the index is seen at 59,800–59,900, while support is placed at 59,200–59,300. The daily RSI at 53.53 continues to trend higher, signaling improving momentum. Traders may maintain a bullish buy-on-dips approach, albeit with strict risk management.

India VIX rose by 1.50 percent to 11.19, indicating a modest increase in market uncertainty. Derivatives data shows heavy call writing at the 26,000 strike along with strong put writing at the 25,700 strike, suggesting a well-defined near-term trading range. As long as the Nifty sustains above the 25,600 level, a selective buy-on-dips strategy may be considered, with strict stop-losses placed at 25,500 to effectively manage downside risk.

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