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Below the Quote on Closing Market Summary 14th January 2026 by Aakash Shah, Technical Research Analyst at Choice Equity Broking Private Limited

"Indian equity markets witnessed a cautious negative session on Wednesday, as selling pressure persisted and risk-off sentiment dominated amid ongoing foreign outflows and macro uncertainties. Benchmark indices ended lower, with the Nifty 50 trading below key short-term levels as investors remained hesitant amid mixed global cues and lingering geopolitical concerns. The Nifty 50 opened weak and stayed under pressure for most of the session, eventually closing subdued, reflecting a lack of clear upside triggers and continued profit booking. Selling was seen across several sectors, although pockets of support emerged in select stocks amid broader volatility. Key near-term support for the index now lies around the 25,500–25,550 zone, while reclaiming levels above 25,750–25,800 remains important to arrest further weakness.

The Bank Nifty showed relative resilience compared to the broader market and managed to close marginally higher, supported by selective buying in heavyweight banking stocks. Despite intraday volatility, the index held its ground, indicating some defensive strength in the banking space. Key support for the index is placed near the 59,300–59,400 zone, which remains crucial to contain downside pressure. On the upside, the 59,800–59,900 zone continues to act as an important resistance, and a sustained move above this band is required for meaningful upside momentum. Volatility remained elevated as market participants responded to mixed domestic and global developments, keeping India VIX relatively higher compared to previous sessions. Overall sentiment was cautious to negative, with consolidation likely to persist as traders weigh FII outflows, global tariff pressures, and near-term technical supports."

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