Quote on Markets Commentary for 14th January 2026 by Ashika Institutional Equities
Below the Quote on Markets Commentary for 14th January 2026 by Ashika Institutional Equities
Nifty Hovers in Range as Uncertainty Looms
Indian equity markets witnessed a range-bound trading session today. The benchmark Nifty opened at 25,648, moved higher to mark an intraday high of 25,791, but failed to sustain the momentum and drifted lower towards the day’s lows, reflecting a lack of follow-through buying. Sector-wise, Metals, Commodities, CPSE, Energy, and Oil & Gas stocks attracted buying interest and provided limited support to the index. However, persistent weakness in Realty, IT, FMCG, Auto, and India Consumption stocks capped the upside, keeping the market subdued. On the global front, investors remained cautious as they closely tracked developments related to US–India trade negotiations, while elevated geopolitical tensions continued to weigh on overall sentiment.
On derivatives front , advances marginally outpaced declines, with 118 stocks advancing against 116 declining, indicating a neutral market breadth. From a derivatives perspective, Nifty options data showed maximum call open interest at the 26,000 and 25,800 strikes, highlighting strong resistance levels. On the downside, maximum put open interest at the 25,700 and 25,600 strikes suggests immediate support zones. The Put-Call Ratio (PCR) stood at 0.64, indicating cautious positioning by traders.
Overall, the market remained range-bound, with participants staying on the back foot amid overnight risk, especially as markets remain closed tomorrow. Given ongoing global uncertainties, participants appeared reluctant to carry positions, leading to muted activity and limited directional moves.
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