Last Updated on January 12, 2026 5:45 pm by INDIAN AWAAZ
AMN / BIZ DESK
Indian equity markets rebounded on Monday, with the BSE Sensex settling 301.93 points (0.36%) higher at 83,878.17, after hitting an intraday low of 82,861.07. The Nifty 50 rose 106.95 points (0.42%) to 25,790.25, as investors regained confidence amid ongoing geopolitical uncertainty.
The broader market witnessed mixed activity, with 1,457 stocks advancing, 2,786 declining, and 209 remaining unchanged out of a total of 4,452 stocks traded on the BSE around 3 pm. Analysts attributed the mid-session turnaround to renewed optimism around the Q3FY26 earnings season, which kicks off this week, and to easing concerns over global market volatility.
Sector-wise Performance
- IT and Tech: Investors closely tracked announcements from IT majors TCS and HCLTech, which released their Q3 results on Monday. Emkay Global projects a 10.7% YoY topline growth for the IT sector, driven by festive demand and benefits from the GST rate cut. However, nearly 42% of the coverage universe is expected to report PAT growth below 10%, indicating selective stock performance within the sector.
- Banking & Financials: Banks were broadly positive, with mid-cap lenders outperforming due to expectations of strong quarterly loan growth and stable asset quality.
- Energy & Oil: Oil and gas stocks remained volatile, reacting to global crude price movements amid geopolitical tensions in the Middle East.
- Pharma & Healthcare: This sector witnessed mild gains, supported by steady domestic demand and robust export orders.
- Auto & Manufacturing: Auto stocks saw consolidation after recent gains, with limited upside as semiconductor supply constraints continue to weigh on production.
Market Outlook & Technicals
The Nifty has corrected roughly 2.5% from its January peak, suggesting caution among traders. Analysts note that near-term volatility is likely to persist until clarity emerges on an India–US trade agreement and other macroeconomic indicators.
Derivatives data points to a cautious market: heavy call writing is limiting the upside, while a put-call ratio of 0.48 indicates a seller-dominated environment, although the scope for short covering remains limited.
Overall, market participants are expected to remain earnings-driven this week, with IT, banking, and select mid-cap sectors providing key opportunities, while geopolitical developments and trade negotiations continue to influence broader sentiment.