Indian
equity
markets
are
expected
to
begin
the
week
on
a
cautious
and
range-bound
note
on
Monday,
January
19,
as
investors
assess
a
mixed
set
of
global
cues
and
closely
track
ongoing
quarterly
earnings
from
index
heavyweights.
Experts
believe
that
while
underlying
sentiment
remains
stable,
elevated
volatility
and
stock-specific
action
will
continue
to
define
near-term
market
moves.
Stock
Market
Outlook
Today,
January
19,
2026:
Nifty,
Sensex
Prediction
Today
During
the
previous
session
on
January
16,
benchmark
indices
surrendered
a
large
part
of
their
intraday
gains
due
to
profit-taking
in
heavyweight
stocks
and
caution
ahead
of
key
Nifty50
earnings.
The
Sensex
closed
187.64
points
higher
at
83,570.35,
while
the
Nifty
50
ended
marginally
up
at
25,694.35,
reflecting
a
lack
of
strong
directional
conviction.
Indian
equity
markets
ended
marginally
higher,
supported
by
positive
sentiment
in
IT
&
banking.
The
Nifty
closed
up
0.1%,
while
the
Nifty
Midcap
100
gained
0.2%
and
the
Nifty
Smallcap
index
underperformed,
declining
0.3%.
According
to
Siddhartha
Khemka,
Head
of
Research,
Wealth
Management,
Motilal
Oswal
Financial
Services,
market
sentiment
was
supported
by
selective
buying
in
IT
and
banking
stocks,
even
as
broader
participation
remained
subdued.
He
highlighted
that
sectoral
performance
remained
mixed,
with
capital
market
intermediaries
outperforming
after
strong
Q3
earnings
from
companies
such
as
Groww,
Angel
One
and
360
ONE
WAM.
“The
Nifty
IT
index
surged
3.3%
after
Infosys
reported
better-than-expected
third-quarter
results
and
upgraded
its
revenue
growth
outlook.
Public
sector
banks
extended
their
rally,
with
the
Nifty
PSU
Bank
index
gaining
1.2%
for
the
fifth
straight
session,”
Khemka
added.
However,
profit-booking
was
evident
in
defensives
and
metals.
Pharmaceutical
stocks
declined
1.3%,
while
the
Nifty
Metal
index
slipped
0.5%
due
to
profit
booking
after
recent
gains.
He
further
said
sentiment
was
aided
by
easing
geopolitical
concerns
and
positive
developments
on
the
trade
front.
“Comments
from
the
Commerce
Secretary
that
the
first
tranche
of
the
India-US
trade
deal
is
close
to
finalisation
supported
sentiment,
while
US-Iran
tensions
eased
slightly
after
diplomatic
signals,”
he
said,
while
cautioning
that
geopolitical
escalation
remains
a
key
risk.
“Markets
are
expected
to
trade
sideways
in
the
near
term,
with
stock-specific
action
driven
by
earnings
and
trade-related
developments.”
Nifty
Prediction
Today,
19
January
2026:
What
Traders
Can
Expect
From
Monday’s
Trading
Session
From
a
technical
perspective,
Bajaj
Broking
Research
expects
the
Nifty
to
remain
in
a
consolidation
phase
in
the
near
term.
“Following
a
sharp
rebound
after
a
two-session
correction,
benchmark
indices
saw
mild
intraday
profit-booking
as
investors
remained
cautious
ahead
of
key
Q3
earnings
announcements,”
the
brokerage
said.
The
Nifty
continues
to
face
resistance
near
higher
levels.
“The
formation
of
another
high-wave
candle
suggests
selling
pressure
near
key
resistance
zones,
with
buying
emerging
at
lower
supports.
Nifty
is
currently
hovering
around
its
100-day
EMA,”
Bajaj
Broking
noted.
For
Monday,
the
brokerage
sees
limited
upside
unless
a
decisive
breakout
occurs.
“Nifty
is
likely
to
consolidate
within
the
25,500-26,000
range.
Monday’s
low
of
25,473
will
act
as
immediate
support,
while
the
25,950-26,050
zone
remains
a
crucial
resistance
band.”
Bank
Nifty
Outlook
Today
On
the
banking
front,
Bank
Nifty
is
expected
to
maintain
a
positive
bias
after
outperforming
the
broader
market.
“Bank
Nifty
formed
a
large
bullish
candle
and
successfully
broke
out
of
its
six-session
trading
range,
closing
above
the
psychological
60,000
mark,”
Bajaj
Broking
said.
The
brokerage
added
that
further
strength
could
push
the
index
higher.
“Follow-through
buying
could
drive
Bank
Nifty
toward
60,400
in
the
near
term,
though
we
expect
consolidation
within
the
58,700-60,400
range.
The
59,000-58,700
zone
remains
a
critical
support
area.”
Disclaimer
The
views
and
recommendations
expressed
are
solely
those
of
the
individual
analysts
or
entities
and
do
not
reflect
the
views
of
Goodreturns.in
or
Greynium
Information
Technologies
Private
Limited
(together
referred
as
“we”).
We
do
not
guarantee,
endorse
or
take
responsibility
for
the
accuracy,
completeness
or
reliability
of
any
content,
nor
do
we
provide
any
investment
advice
or
solicit
the
purchase
or
sale
of
securities.
All
information
is
provided
for
informational
and
educational
purposes
only
and
should
be
independently
verified
from
licensed
financial
advisors
before
making
any
investment
decisions.
Credit:
Goodreturns