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Below the Quote on Market Wrap 13th January 2026 by Shrikant Chouhan, Kotak Securities

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.

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