Stock Market Live Updates 16 January 2026: Sensex, Nifty set for cautious start amid global headwinds and derivative trends
Sensex, Nifty live updates on 16 January 2026: Indian equity markets are expected to open cautiously on Friday, with the Gift Nifty at 25,786 suggesting a positive start of around 76 points. However, technical indicators point to a range-bound-to-bearish near-term trend. Derivative activity highlights key resistance and support levels, with an open interest buildup of nearly 1.13 crore contracts at the 26,000 call strike indicating strong overhead supply. Additional call positions at the 25,600 strike reinforce short-term resistance, while put positions at lower strikes suggest limited downside risk. The Put–Call Ratio (PCR) has declined sharply to 0.59 from 0.87, reflecting elevated caution and the dominance of call writers. Analysts note that near-term momentum is likely to remain stock-specific, driven by December-quarter earnings and management commentary, while broader market moves could be influenced by geopolitical tensions and FII flows. Overall, technical setups suggest Nifty may trade in a defined range, with 25,600–26,000 acting as key short-term levels.
Sensex, Nifty live updates on 16 January 2026: Indian equity markets are expected to open cautiously on Friday, with the Gift Nifty at 25,786 suggesting a positive start of around 76 points.
However, technical indicators point to a range-bound-to-bearish near-term trend. Derivative activity highlights key resistance and support levels, with an open interest buildup of nearly 1.13 crore contracts at the 26,000 call strike indicating strong overhead supply.
Additional call positions at the 25,600 strike reinforce short-term resistance, while put positions at lower strikes suggest limited downside risk.
The Put–Call Ratio (PCR) has declined sharply to 0.59 from 0.87, reflecting elevated caution and the dominance of call writers. Analysts note that near-term momentum is likely to remain stock-specific, driven by December-quarter earnings and management commentary, while broader market moves could be influenced by geopolitical tensions and FII flows.
Overall, technical setups suggest Nifty may trade in a defined range, with 25,600–26,000 acting as key short-term levels.
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