SGX Nifty January 2026 futures declined by 53.50 points, suggesting a bearish start for the Nifty 50 today.

Institutional Flows:

On 08 January 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 3,769.31 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 5,595.84 crore in the Indian equity market.

Foreign Institutional Investors have divested shares amounting to Rs 8,419.70 thus far in January. This follows their cash sales of Rs 34,349.62 crore in December and Rs 17,500.31 crore in November.

Global Markets:

The Asian market experienced an uptick on Monday, buoyed by the gains observed on Wall Street in the preceding week, following the release of a U.S. job report indicating a decline in the unemployment rate, which suggests a robust labor market. The Japanese markets observed a closure due to a holiday.

Investors are closely monitoring oil prices in light of the ongoing protests in Iran, which have now extended into a third week and have reportedly resulted in over 500 fatalities. President Donald Trump is considering various options for intervention in Iran, according to reports. On Sunday, Hirofumi Yoshimura, a coalition partner of Japanese Prime Minister Sanae Takaichi, indicated that she might consider calling an early general election. His remarks follow reports indicating that Takaichi is contemplating a snap election in February, according to government sources.

On Friday, the S&P 500 reached new highs, achieving a weekly gain, subsequent to the release of the latest jobs report. The broad market index concluded the trading session with an increase of 0.65%, reaching a new record close of 6,966.28. It also achieved a new all-time intraday high during the session. The Nasdaq Composite experienced an increase of 0.81%, reaching a level of 23,671.35. The Dow Jones Industrial Average increased by 237.96 points, representing a 0.48% rise, concluding at 49,504.07, thereby achieving a new closing record.

The December jobs report indicated an increase in nonfarm payrolls by 50,000 last month, falling short of the widely reported estimate of 73,000. The data, while marginally below expectations, indicated a U.S. economy that continues to progress, with investors forecasting an acceleration in growth. The unemployment rate decreased to 4.4%, contrasting with prevalent media forecasts that anticipated a rate of 4.5%. Traders interpreted that as an indication that economic improvement was imminent.

Domestic Market:

Key equity benchmarks concluded the trading session significantly lower for the fifth consecutive day on Friday, with the Nifty finishing beneath 25,700, as investor caution heightened in anticipation of a US Supreme Court decision regarding the legality of American tariffs.

An initial effort at a recovery rapidly dissipated, as indices shifted notably downward shortly after the market opened. Sentiment continued to face challenges due to ongoing selling by foreign institutional investors, unfavorable global indicators, and elevated crude oil prices. Stocks in the auto and consumer durables sectors experienced a downturn, whereas shares in energy, information technology, and public sector banks defied the overall trend and finished in positive territory.

The S&P BSE Sensex experienced a decline of 604.72 points, reflecting a decrease of 0.72%, closing at 83,576.24. The Nifty 50 index experienced a decline of 193.55 points, representing a decrease of 0.75%, closing at 25,683.30. Over the course of five consecutive trading sessions, the Sensex experienced a decline of 2.54%, whereas the Nifty recorded a decrease of 2.45%.