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Below the Quote on Sensex 02nd January 2026 by Aakash Shah Research Analyst, Choice Equity Broking Ltd

"The Sensex is expected to open on a cautious note on January 02, 2026, tracking weak global cues and lingering uncertainty at elevated levels. Pre-market indications suggest a subdued start, with participants likely to remain defensive and avoid aggressive long positions.

Through the session, the index is likely to remain range-bound with a negative bias, as mild selling pressure may emerge on intraday upticks. Resistance is placed near 85,500–85,600, where rallies could face supply. On the downside, immediate support is seen at 84,700–84,600, followed by a stronger support zone near 84,500, which may provide stability and attract selective buying.

Overall, the Sensex is expected to witness a consolidative session with cautious sentiment, ending flat to marginally lower unless global cues improve during the day. The broader structure remains intact, but near-term momentum is likely to stay muted."

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