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2026-01-08 05:57:13 pm | Source: Choice Broking Ltd
Quote on Sensex 08th January 2026 by Aakash Shah Research Analyst, Choice Equity Broking Ltd
Quote on Sensex 08th January 2026 by Aakash Shah Research Analyst, Choice Equity Broking Ltd

Below the Quote on Sensex 08th January 2026 by Aakash Shah Research Analyst, Choice Equity Broking Ltd

 

"The Sensex witnessed sharp intraday volatility on 08 Jan 2026 and ended the session on a weak note, reflecting sustained selling pressure and cautious sentiment at higher levels. The index faced repeated rejection near the 85,000 zone, leading to a bearish daily candle, which signals loss of momentum and continuation of short-term consolidation. Selling pressure was broad-based, with IT, metals, and PSU stocks emerging as key laggards, while only a handful of defensive stocks managed to post marginal gains.

On the downside, the 83,600–83,700 zone is expected to act as an important support and potential accumulation area, while immediate resistance is placed near 84,600–84,700. As long as the Sensex remains below resistance, the bias stays cautious, with volatility likely to persist in the near term."

 

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