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World Markets @ 8.15 AM
GIFT NIFTY 26206
NIKKEI -0.60%
HANG SENG -0.98%
SHANGHAI +0.18%
DOWJONES +0.99%
NASDAQ +0.65%
US 30 FUT +0.14%
Brent Crude 60.14$ -0.40$
INTRADAY OUTLOOK
NIFTY50 failed to sustain its gain and is below 26300 for last 2 sessions. Index is again entering the consolidation phase of 25800 - 26300. NIFTY50 is expected to bounce from 26080 - 26000 levels in short term. Banks and Pharma look strong for near term. NIFTY50 holding above 26300 can bring more short covering and sector rotation buying in sectors and take the index towards 26800 - 27200 levels ahead of the Union Budget. Investors needs to continue adding quality stocks on declines.
MAJOR NEWS/DATA
US indices end higher; S&P 500, Dow Jones hit record highs

US says VENEZUELA to give 30-50 mln barrels of Oil to US and the funds earned from selling the oil will be controlled by Washington.

RBI proposes to cap banks' dividend payout at 75% of PAT

Union Cabinet meeting today

Informist Poll: India GDP growth seen at 7.5% in FY26 vs 6.5% FY25

Data alert==> India First advance estimate of GDP for FY26, US employment.
Upcoming Earnings
TCS, HCL TECH on 12th Jan, INFOSYS on Jan 14th, HDFCLIFE on Jan 15th, TechMahindra, Wipro on Jan 16th, ICICI Bank, HDFC Bank on Jan 17th.
FII/DII Trade Summary 06-01-2026
Cash Segment Net figure
FII/FPI Net -107 Cr
DII Net 1749 Cr

F&O FII Net figures
Index FUT 55 Cr
Index OPT 4464 Cr
Stock FUT -1056 Cr
Stock OPT -206 Cr
INDEX INTRADAY SPOTS
NIFTY INTRADAY SPOT
RESISTANCE:   26250 / 26330 / 26420
SUPPORT:      26120 / 26070 / 25900

NIFTYBANK INTRADAY SPOT
RESISTANCE  60180 / 60300 / 60500
SUPPORT      60080 / 59840 / 59620

FINNIFTY INTRADAY SPOT
RESISTANCE  28030 / 28200 / 28270
SUPPORT   27840 / 27760 / 27660
MIDCPNIFTY INTRADAY SPOT
RESISTANCE  14030 / 14120 / 14300
SUPPORT    13940 / 13800 / 13740
Board Meetings
+ Paradeep Parivahan, to consider issue of warrants on preferential basis
+ Senores Pharmaceuticals, to consider raising of funds
+ Sheetal Cool Products, to consider raising of funds
GLOBAL MARKETS
* US: Stock indices in the US ended higher on Tuesday. The S&P 500 and the Dow Jones Industrial Average hit record highs of 6948 points and 49509 points, respectively, as investors seemed to have shrugged off anxieties from the US attack on Venezuela.

* ASIA: Asian indices traded mixed as shares of defence companies in the region snap a two-day winning streak. Investors are also assessing the geopolitical risks pertaining to Venezuela and Greenland.
News
KALYAN JEWELLERS: Oct-Dec Consol Revenue up around 42% on year, Candere operations Revenue up around 147% on year in Oct-Dec. Total showrooms 469 across India, Intl markets as of Dec 31st.

Tata Motors PV sells 168,616 units in domestic mkt Oct-Dec, up 21%

The Department of Economic Affairs has compiled a three-year public private partnership project pipeline that includes 852 projects from central and state infrastructure ministries with a total estimated cost of over 17 lakh Cr Rs.

IIFL CAPITAL: Reports says TPG Capital in talks with IIFL CAPITAL for stake acquisition.

THYSSENKRUPP weighs phased sale of European steel subsidiary to JINDAL STEEL INTL.

TATA POWER: Andhra govt OKs TATA POWER subsidiarIes 6700 Cr Rs ingot-wafer unit in Nellore.

TITAN shares rise; domestic sales rise 38% on year in Oct-Dec

SENSO GOLD gains as Oct-Dec sales up 51% on year

CIPLA trading down as report says companies partner gets US FDA observations

Data: India's forex reserves - latest $696.610 bln on Dec 26

Disclaimer: News content is gathered from public sources and is for informational purposes only. Not financial advice. We do not guarantee the accuracy, completeness, or reliability of the information provided. The content is for informational purposes only and should not be considered as financial or investment advice. Visitors are advised to verify information independently before making any investment or trading decisions.

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