SGX Nifty January 2026 futures increased by 48.00 points, indicating a favorable opening for the Nifty 50 today.

Institutional Flows:

On 21 January 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 1,787.66 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 4,520.47 crore in the Indian equity market.

In January, foreign institutional investors have divested shares totaling Rs 34,041.21. Their cash sales amounted to Rs 34,349.62 crore in December and Rs 17,500.31 crore in November.

Global Markets:

Asian markets experienced a rebound on Thursday, following the upward momentum seen on Wall Street, as U.S. President Donald Trump retracted his threat to impose tariffs on European nations concerning Greenland. At the World Economic Forum in Davos, Trump stated that he would refrain from using force to acquire the Arctic island, alleviating concerns regarding potential U.S. military intervention. He noted that he had “formed the framework of a future deal with respect to Greenland,” in collaboration with NATO Secretary General Mark Rutte. In the latest data, South Korea’s economy experienced an unexpected contraction of 0.3% on a quarterly basis during the October to December period, marking its most significant decline since 2022. The gross domestic product experienced a year-on-year growth of 1.5%, whereas the full-year economic growth decelerated to 1%, marking the lowest rate since 2020, a year when output declined by 0.7% due to the pandemic.

U.S. equities surged on Wednesday following President Donald Trump’s announcement to cancel new tariffs on Europe, indicating that a framework for a deal regarding Greenland has been established. The Dow Jones Industrial Average experienced a notable increase of 588.64 points, representing a rise of 1.21%, concluding the session at 49,007.23. The S&P 500 experienced an increase of 1.16%, concluding at 6,875.62, whereas the Nasdaq Composite rose by 1.18%, finishing at 23,224.82.

In Washington, Supreme Court justices voiced doubts regarding Trump’s authority to dismiss Lisa Cook from her position as a Federal Reserve governor. During oral arguments Wednesday, Justice Brett Kavanaugh expressed to a Trump administration lawyer that the notion that the president could dismiss Cook without judicial oversight “would weaken, if not shatter, the independence of the Federal Reserve.”

Domestic Market:

Domestic equities experienced a decline for the third consecutive session on Wednesday, influenced by global shocks and disappointing earnings that dampened risk appetite. The Sensex experienced a decline of more than 1,000 points during intraday trading, and the Nifty 50 dropped below 25,000 for the first time since October.

The selling activity was widespread, particularly affecting the IT, chemicals, and consumer durables sectors, which faced significant pressure. Banking and financial stocks remained under pressure, with defensive sectors providing only minimal support. Equities faced pressure due to a resurgence of global uncertainty following President Donald Trump’s comments regarding Greenland, disappointing domestic earnings, a historically low rupee, and ongoing selling by foreign investors.

The S&P BSE Sensex declined by 270.84 points, representing a decrease of 0.33%, closing at 81,909.63. The Nifty 50 index declined by 75 points, representing a decrease of 0.30%, closing at 25,157.50. Over the course of three trading sessions, the Sensex experienced a decrease of 1.99%, whereas the Nifty saw a decline of 2.09%.