Stock Market Today, January 22, Highlights: The equities benchmark indices staged a sharp comeback on Thursday, January 22, 2026, following losses for
three straight sessions. The BSE Sensex and NSE Nifty 50 closed higher as investor confidence improved after US President Donald Trump rolled back tariff threats against European nations, citing a framework agreement on the Greenland issue. Both benchmarks gained nearly 1 per cent in early trade, with the Sensex advancing over 800 points, while the Nifty 50 reclaimed the 25,400 mark, before paring some gains as the session progressed.
Sensex, Nifty Today
In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37. During the day, the benchmark surged by 873.55 points, or 1.06 per cent, to hit an intraday high of 82,783.18.
The 50-share NSE Nifty rose 132.40 points, or 0.53 per cent, to settle at 25,289.90. In the intraday session, the index appreciated by 278.25 points, or 1.10 per cent, to hit a high of 25,435.75.
The Nifty 50 index had opened at 25,344.15, registering a gain of 186.65 points or 0.74 per cent, while BSE Sensex had opened at 82,459.66, up by 550.03 points or 0.67 per cent.
Hitesh Tailor, Research Analyst at Research at Choice Equity Broking Private Limited, stated, "Indian equity markets ended January 22, 2026 on a volatile but positive note amid choppy trade and cautious sentiment due to lack of clear triggers. The Sensex gained 397.74 points to 82,307.37, while the Nifty rose 132.40 points to 25,289.90. Market breadth remained positive, indicating selective buying interest.
"The Nifty 50 opened on a strong note and touched an intraday high of 25,435 but failed to sustain higher levels due to selling pressure at elevated zones. The index slipped below the 25,300 support, hit an intraday low of 25,168, and eventually closed at 25,289.90, indicating weak follow-through buying at higher levels. However, the Nifty managed to hold above its 200-day DEMA, highlighting underlying support. Immediate resistance is placed in the 25,400–25,450 zone, while key support is seen at 25,100–25,150. The daily RSI at 33.82 is trending upward, signaling a mild improvement in momentum," Tailor added.
According to Tailor, "Bank Nifty also opened strong and surged nearly 850 points to an intraday high of 59,573.10 before witnessing profit booking that dragged the index below the 59,000 mark to an intraday low of 58,823. It later recovered to close at 59,200, indicating buying interest on declines and a phase of positive consolidation. Resistance for the index is placed at 59,500–59,600, while key support lies at 58,900–59,000. The daily RSI at 47 is rising, suggesting improving momentum, though traders are advised to wait for a decisive breakout before initiating fresh positions."
"Volatility eased further, with India VIX declining 3.12 percent to 13.35, indicating reduced fear among market participants. Derivatives data shows heavy call writing at the 25,400 strike and significant put writing at the 25,200 strike, establishing this range as a key near-term pivot. Traders are advised to remain cautious near key support levels and wait for a confirmed breakout above resistance before taking fresh directional positions," he added.
Stock Market Today, Jan 22 Highlights: 3 reasons behind the rally
- Market sentiment improved after US President Donald Trump said he would not impose tariffs on European Union nations on February 1. He mentioned that a ‘framework for a future deal’ had been reached with NATO on Greenland. His remarks about a ‘great’ trade deal between the US and India further encouraged buying across the markets. "Sentiment improved following US President Donald Trump's withdrawal of tariff threats against the EU and his optimistic remarks on a potential India-US trade deal, which encouraged short-covering and risk-taking," Gaurav Garg, Research Analyst at Lemonn Markets Desk, said.
- Vinod Nair, Head of Research, Geojit Investments Ltd, said the initial set of corporate earnings did little to support current valuation levels. Nevertheless, investors have not ruled out the potential upside from a robust domestic demand environment, which could become more visible in the upcoming round of quarterly earnings announcements.
- At the day’s high, the stock market rebound sharply boosted investor wealth, with the total market capitalisation of BSE-listed companies climbing to Rs 460.6 lakh crore, marking an intraday increase of about Rs 6.6 lakh crore from the previous session’s close.
Stock Market Today Highlights: Sensex gainers and losers today
Among the 30 Sensex pack, Bharat Electronics Ltd (BEL), Tata Steel, Adani Ports, State Bank of India, Bajaj Finserv, Asian Paints, Power Grid, Sun Pharmaceuticals, Kotak Mahindra Bank, IndiGo, Hindustan Unilever, HCL Technologies and NTPC were among the gainers.
On the other hand, Eternal, Titan, ICICI Bank, Maruti Suzuki India, and HDFC Bank were among the laggards.
Stock Market Today: Key Highlights:
- Nifty snaps 3-session losing streak; rebounds from 200-DMA levels
- Dr. Reddy's Labs top gainer; Eternal worst performer
- Nifty Bank snaps 3-session losing streak; gains over 400 pts, IDFC First Bank, Canara Bank lead gains
- Nifty Midcap rises 1.3%; snaps 3-session losing streak
- Nifty Smallcap snaps 4-session losing streak
- Majority of sectoral indices close in green
- Nifty PSU Bank top sectoral gainer; up 2.5%, Snaps 3-session losing streak; all constituents in green, Indian Bank, Bank of India lead gains
- Nifty Realty top sectoral loser; declines for 4th straight session, Lodha Developers top loser
- Nifty Pharma snaps 9-session losing streak; up 1.6%, All constituents in green; Dr. Reddy's Labs, Glenmark lead
- Nifty Metal up 1.3%; gains for 2nd session, APL Apollo Tubes, SAIL lead
- Nifty FMCG gains 1.2%; most stocks in green, Radico Khaitan, Emami lead
- Nifty Energy gains for 2nd session, GE Vernova, Adani Total Gas lead
- Nifty Auto snaps 2-session gaining streak; ends -1% higher, Sona BLW top gainer
- Nifty IT snaps 3-session gaining streak; up 1%, OFSS, L&T Mindtree lead gains
Sectoral performance
Sectorally, markets showed broad-based strength. Except for Nifty Realty and Consumer Durables, all sectoral indices finished higher. Nifty PSU Bank and Nifty Media emerged as the top performers, rising more than 2 per cent each.
The broader markets also reflected positive momentum. The Nifty MidCap 100 index climbed 1.34 per cent, while the Nifty SmallCap index ended 0.76 per cent higher.
Stock Market on Wednesday, January 21
On Wednesday, the 30-share BSE Sensex declined 270.84 points, or 0.33 per cent, to 81,909.63. The benchmark tanked 1,056.02 points, or 1.28 per cent, to 81,124.45 during the day.
The 50-share NSE Nifty declined 75 points or 0.30 per cent to 25,157.50.
(With inputs from PTI)
