Indian
markets
are
expected
to
trade
cautiously
on
Thursday,
22
January
2026,
following
a
volatile
session
on
Wednesday
marked
by
weak
global
cues,
persistent
FII
selling
and
a
weakening
rupee.
Analysts
anticipate
a
sideways-to-negative
trend
for
the
Nifty
50,
with
key
support
seen
around
25,100-25,000
and
resistance
near
25,200-25,500,
while
the
Sensex
is
likely
to
track
similar
ranges.
Stock
Market
Outlook
Today,
22
January
2026:
Nifty,
Sensex
Prediction
Market
participants
are
expected
to
remain
cautious,
keeping
an
eye
on
global
developments,
geopolitical
tensions
and
upcoming
quarterly
earnings
that
could
influence
stock-specific
movements.
Sectorally,
most
indices
ended
in
the
red,
with
Consumer
Durables,
Chemicals,
and
Private
Banks
leading
the
losses.
Only
Nifty
Metal
(+0.6%)
and
Oil
&
Gas
(+0.3%)
provided
some
support
amid
broad-based
weakness.
Broader
markets
also
underperformed,
with
the
Nifty
Midcap
index
declining
1.14%
and
the
Nifty
Smallcap
index
down
0.90%,
reflecting
continued
selling
pressure
across
market
segments.
Indian
Rupee
At
Record
Low
“Sentiment
remained
under
pressure
amid
global
uncertainties,
ongoing
geopolitical
tensions
between
Europe
and
the
US,
and
a
mixed
earnings
backdrop,”
said
Siddhartha
Khemka,
Head
of
Research,
Wealth
Management,
Motilal
Oswal
Financial
Services
Ltd.
“Flows
remained
a
key
overhang
as
FIIs
continued
their
selling
streak,
offloading
equities
worth
around
Rs
2,938
crore
on
Tuesday.
The
Indian
rupee
also
slipped
to
a
record
low
of
91.19
against
the
US
dollar,
adding
to
cautious
sentiment.”
Trump
at
Davos:
World
Economic
Forum
2026
Khemka
further
noted
that
markets
will
be
closely
watching
global
developments,
particularly
U.S.
President
Trump’s
visit
to
Davos,
following
tensions
with
European
allies
over
Greenland.
“Stock-specific
action
is
expected
around
quarterly
results
from
InterGlobe
Aviation,
DLF,
Indian
Bank,
Coforge,
APL
Apollo
Tubes,
Mphasis,
and
Radico
Khaitan.
Overall,
we
expect
the
Nifty
to
trade
sideways,
tracking
ongoing
earnings
and
awaiting
global
cues
post
Trump
speech
at
Davos,”
he
added.
Nifty
Prediction
Today,
22
January
2026
According
to
Bajaj
Broking
Research,
the
Nifty
formed
a
high-wave
candle
during
Wednesday’s
session
while
posting
a
lower
high
and
a
lower
low,
signalling
continuation
of
the
ongoing
corrective
trend.
The
index
briefly
slipped
below
the
25,000
mark,
touching
an
intraday
low
of
24,919.8,
before
staging
a
mid-session
recovery
into
oversold
territory.
“The
broader
bias
remains
negative,”
said
the
report.
“A
sustained
move
below
the
200-day
EMA
(around
25,161)
could
accelerate
the
decline
towards
the
24,800
level
in
the
coming
sessions.
On
the
upside,
immediate
resistance
is
seen
at
25,200,
followed
by
25,500.”
Bank
Nifty
Outlook
Today
The
Bank
Nifty
underperformed
the
Nifty
50,
forming
its
third
consecutive
bearish
candle
with
a
lower
high
and
lower
low,
reflecting
persistent
selling
pressure
at
higher
levels.
The
index
briefly
dipped
to
58,278.6,
but
buying
interest
emerged
near
the
58,700-59,000
support
zone,
which
also
coincides
with
the
lower
end
of
its
seven-week
consolidation
range
and
the
50-day
EMA.
“Although
the
index
recovered
from
intraday
lows,
a
decisive
break
below
the
58,700-59,000
zone
could
accelerate
the
downside,”
the
report
said.
“On
the
upside,
immediate
resistance
lies
at
59,500,
while
the
60,200-60,400
all-time
high
zone
remains
a
major
hurdle.”
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
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and
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Credit:
Goodreturns