Markets face a flat to mildly negative start on January 12, 2026, as global cues remain mixed and selling pressure persists ahead of key Q3 earnings.

Key Themes & Picks

• GIFT Nifty signals a subdued start, reflecting persistent selling pressure.

• Cautious sentiment prevails ahead of major IT and banking results.

• Healthcare and financials see renewed focus amid regulatory updates.

• Key picks: Fortis Healthcare and Equitas Small Finance Bank highlighted.

• US-India trade developments remain a key volatility monitor.

Indian markets closed sharply lower on January 9, reflecting a bearish sentiment driven by global trade uncertainties, Trump tariff threats, and heavy foreign outflows, though long-term growth projections remain optimistic. Volatility dominated, with major indices extending losses amid geopolitical risks, but resilient consumption and public investment buoyed economic forecasts.

Markets brace for a cautious, flat-to-negative opening on January 09, 2026, extending recent losses amid U.S. tariff concerns, foreign outflows, and pre-earnings uncertainty.

Key Themes & Picks

• GIFT Nifty indicates a flat-to-negative start, extending a four-session decline.

• Defensive plays in IT and pharma gain focus ahead of Q3 earnings.

• Global trade tensions and foreign outflows weigh heavily on sentiment.

• Key picks: Infosys and INOX India highlighted for potential upside.

• Weekly options expiry may heighten intraday volatility.