TCS Q3 profit falls 14% YoY on exceptional charges; revenue sees modest growth- Daily Market Update 13th Jan 2026

Benchmark Nifty index ended higher at 25790 spot levels after adding 107 points to its previous closing values in a highly volatile trading session.

Broader markets underperformed the benchmark as Mid and Small cap index settled on a flat to negative note.

Performance on the sectoral front was mix. Amongst them, Media and Realty were the top losers, down 1.55% & 1.22%. On the other hand, Metal index was the top performer, gained around 2% followed by FMCG, Fin Services and Oil & Gas index that rose around 0.5% each.

Nifty index witnessed a technical bounce back rally following US ambassador’s comments on trade deal. Technically, Nifty index is trading in a sell on rise structure by the time it is trading below 26000 spot levels in closing basis, and the ongoing pullback rally most likely to face resistance around 25880-25940 spot zone.

Derivatives Overview & Outlook

Yesterday, Banknifty and Finnifty futures added 6.5% and 7% of open interest respectively as long buildup while no significant change was seen in Nifty and Midcapnifty futures on open interest front.

Majority of F&O sectors settled on a positive note. Amongst them, Banking, Chemical, Infrastructure and Telecom stocks witnessed maximum addition of long positions while some short buildup was seen among Chemicals, Newage and Realty stocks.

On option front, put writing along with some call unwinding was seen at multiple OTM strikes with maximum addition at 25500 PE followed by 25700 PE and on the call side Maximum positions are at 26000 CE followed by 26300 CE.

Institutional Trading Activity

Yesterday, FIIs sold stocks worth Rs 3638 Cr in the cash segment, sold index futures worth Rs 1228 Cr and bought stocks futures worth Rs 891 Cr. DIIs were net buyers in the cash segment to the tune of Rs 5839 Cr.

Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels

Nifty – Resistances 26000-26100; Supports 25750-25600

Banknifty – Resistances 60000-60200; Supports 59400-59100

Finnifty – Resistances 27800-27900; Supports -27500- 27400

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