Trump rules out talks with Iran, asks protesters to take over institutions- Daily Market Update 14th Jan 2026

In response to positive cues from global peers, the benchmark Nifty index opened with an upward gap but was unable to sustain higher levels, gradually sliding throughout the day to settle at 25732.30, marking a decline of 57 points from its previous closing values.

The small cap index showed stronger performance than the benchmark, rising over 0.5% while the benchmark index experienced a negative close.

Performance on the sectoral front was mix. Amongst them, PSU Bank and IT index led the bulls, rose 0.78% and 065% respectively. On the other hand, Auto, FMCG, Pharma, Realty and Consumer Durables index were the top losers fell in range 0.32% to 0.89%.

From a technical perspective, the Nifty index is exhibiting a pattern of lower lows and lower highs, trading below both its long-term and short-term moving averages. Looking ahead, the 25500 level will serve as a crucial support on the downside. Conversely, for any significant upward movement, a close above the 26020 level is necessary.

Derivatives Overview & Outlook

Yesterday, Nifty and Midcapnifty futures moved southward on short buildup as it added 1.3% and 5.2% of open interest respectively, while some long buildup was seen among Finnifty futures with increase in open interest by 3.1%, whereas no notable changes were observed among Banknifty future on price front but shed 3.7% open interest.

Majority of the sectoral indices ended on a negative note. Amongst them, Capital Goods, Finance, Infrastructure, Power and Realty stocks witnessed maximum addition of short position, whereas some long buildup was seen among Oil & Gas Stocks.

On option front, Nifty will start the new weekly contracts of the January series with a maximum position at 26000 CE followed by 27000 CE and 24500 PE followed by 25000 PE.

Institutional Trading Activity

Yesterday, FIIs sold stocks worth Rs 1500 Cr in the cash segment, sold stocks futures worth Rs 2280 Cr also sold index futures worth Rs 705 Cr. DIIs were net buyers in the cash segment to the tune of Rs 1182 Cr.

Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels

Nifty – Resistances 25900-26020; Supports 25600-25500

Banknifty – Resistances 60000-60400; Supports 59400-59100

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

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