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Below the Quote on Pre-Market Comment 13th January 2026 by Hitesh Tailor, Research Analyst, Choice Broking

Indian equities are expected to open on a positive note on January 13, with GIFT Nifty indicating a start around 25,908, nearly 49 points higher. While near-term sentiment remains guarded, underlying domestic technical indicators continue to offer some support. However, the broader market direction is likely to remain influenced by global equity cues, movements in crude oil prices, and trends in institutional fund flows.

The Nifty 50 opened on a flat note in the previous session and remained under pressure during the first half, but staged a sharp recovery of nearly 330 points in the latter half, underscoring renewed buying interest at lower levels. The index managed to break above the key resistance at 25,750, reflecting an improvement in market sentiment. Immediate resistance is placed in the 25,950–26,000 zone, while support is seen at 25,650–25,700. The daily RSI stands at 42.84 and is trending higher, indicating a gradual recovery in momentum despite remaining below neutral levels.

The Bank Nifty also opened flat but witnessed a sharp decline of nearly 450 points to an intraday low of 58,864. However, the index recovered strongly by around 676 points from the lows, highlighting robust buying interest on declines. Resistance for the index is seen at 59,800–59,900, while the 59,200–59,300 zone remains a crucial support area. The RSI at 51.40 is trending higher, supporting a buy-on-dips strategy, albeit with strict risk management.

Selling by Foreign Institutional Investors continued for the sixth consecutive session on January 12, with net outflows of approximately Rs 3,638 crore. In contrast, Domestic Institutional Investors remained net buyers, purchasing equities worth over Rs 5,800 crore, providing stability to the market.

Amid persistent global uncertainty, traders are advised to remain selective and disciplined, focusing on fundamentally strong stocks during market declines. Fresh long positions should be considered only after a confirmed and sustained breakout above the 26,000 level on the Nifty.

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