Stock Market Live Updates 16 January 2026: Sensex, Nifty open higher; market momentum likely stock-specific amid geopolitical and FII concerns
Sensex, Nifty live updates on 16 January 2026: Indian equity markets opened cautiously positive on Friday, with the BSE Sensex up 277 points at 83,660 and the NSE Nifty trading 64 points higher at 25,729. 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 opened cautiously positive on Friday, with the BSE Sensex up 277 points at 83,660 and the NSE Nifty trading 64 points higher at 25,729.
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.
What's Your Reaction?
DDP Editor
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
