Is the Indian Stock Market Gaining Momentum as Geopolitical Tensions Ease?
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Synopsis
The Indian stock market has opened higher today, continuing its upward trend. With positive global cues and a decline in geopolitical tensions, the market displays optimism as investors react to recent developments. Notably, the Nifty and Sensex are showing significant gains, indicating a potential shift in market dynamics.
Key Takeaways
- Sensex gains 132 points to reach 82,440.
- Nifty climbs 52 points to reach 25,342.
- All sectoral indices are in the green, except Nifty media and PSU banks.
- Market analysts point out key support levels for Nifty.
- FIIs continue to sell while DIIs are net buyers.
Mumbai, Jan 23 (NationPress) The Indian stock market commenced trading on a positive note this Friday, marking the second consecutive session of growth while responding to favorable global indicators.
By 9:30 AM, the Sensex surged by 132 points, representing 0.16 percent to touch 82,440, while the Nifty climbed by 52 points, or 0.21 percent, reaching 25,342.
Major broad-cap indices mirrored benchmark performance, with the Nifty Midcap 100 rising by 0.32 percent, and the Nifty Smallcap 100 increasing by 0.24 percent.
All sectoral indices showed gains, except for Nifty media, PSU banks, real estate, and oil and gas sectors. The standout performer was Nifty metal, which rose over 0.9 percent, while Nifty Media saw a drop of 0.74 percent.
Immediate support for Nifty is identified in the 25,100-25,150 range, while key support levels are observed between 25,400 and 25,450, according to market analysts.
Asian markets experienced a rise in the morning session, influenced by gains on Wall Street as geopolitical tensions eased. Investor confidence was bolstered as the Bank of Japan maintained steady interest rates.
The ongoing trend of Foreign Institutional Investors (FIIs) selling and Domestic Institutional Investors (DIIs) buying, prevalent in 2025, has persisted into 2026. Investors are looking for shifts in this trend from insights gleaned during Budget 2026.
The perspective of FIIs on India is closely tied to the growth of India’s corporate earnings, as they have opportunities in other markets that offer cheaper valuations and better earnings, analysts noted.
Given that earnings growth may require time, FIIs are likely to continue selling, anticipating any substantial rally. They are reportedly increasing their short positions with each rally spurred by positive news.
In Asian markets, China's Shanghai Index rose by 0.27 percent, Shenzhen gained 0.24 percent, Japan's Nikkei increased by 0.5 percent, and Hong Kong's Hang Seng Index advanced by 0.29 percent. Meanwhile, South Korea's Kospi saw a rise of 0.92 percent.
The US markets concluded the previous day on a high note, with the Nasdaq advancing 0.91 percent. The S&P 500 increased by 0.55 percent, and the Dow gained 0.63 percent.
On January 22, FIIs offloaded equities worth Rs 2,550 crore, while DIIs purchased equities worth Rs 4,223 crore.
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Point of View
The Indian stock market's performance reflects broader global trends and investor sentiment. While the gains are promising, caution is warranted as economic indicators and geopolitical factors continue to play a crucial role in shaping market dynamics. The focus should remain on sustainable growth in corporate earnings to attract long-term investments.
NationPress
23/01/2026
Frequently Asked Questions
What is the current status of the Indian stock market?
The Indian stock market has opened higher today, with the Sensex and Nifty recording gains amidst favorable global trends.
What factors are influencing the stock market today?
The easing of geopolitical tensions and positive cues from global markets are significantly impacting the stock market's performance.
