SGX Nifty January 2026 futures increased by 76.50 points, indicating a potentially negative opening for the Nifty 50 today.
Institutional Flows:
On 23 January 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 4,113.38 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 4,102.56 crore in the Indian equity market.
In January, the foreign institutional investors have divested shares amounting to Rs 40,704.39. Their cash sales amounted to Rs 34,349.62 crore in December and Rs 17,500.31 crore in November.
Global Markets:
Asian shares exhibited a mixed performance on Tuesday, as apprehensions surrounding tariffs reemerged following US President Donald Trump’s warning of potential increases in levies on South Korean goods. Trump stated on Truth Social that the South Korean legislature has yet to approve the trade deal with Washington, indicating that tariffs on the country will increase to 25%, up from 15%.
Overnight in the U.S., the S&P 500 index increased by 0.50%, while the Dow Jones Industrial Average rose by 0.64%. The Nasdaq Composite increased by 0.43%, buoyed by rises of approximately 3%, 2%, and 1% in Apple, Meta Platforms, and Microsoft, respectively, as they approach their earnings reports later this week.
Domestic Market:
Domestic equity benchmarks concluded the trading session on Friday with significant declines, reversing initial gains as ongoing selling by foreign institutional investors negatively impacted market sentiment, leading to a widespread selloff during the latter part of the day. The Sensex and Nifty commenced the trading session with slight gains, buoyed by favorable signals from Asian markets and a reduction in geopolitical tensions associated with Greenland. However, sentiment shifted notably to the downside after noon, as intense profit-taking and ongoing selling pressure pulled the indices into negative territory.
The Nifty finished under the 25,050 mark, as every NSE sectoral index concluded in negative territory. Realty and PSU bank stocks experienced significant declines due to intense selling pressure. Foreign fund outflows continued to be a significant concern, as FIIs prolonged their net selling streak to 13 consecutive sessions in January. This ongoing trend has consistently impacted market capitalisation and investor confidence. Domestic shares faced increased pressure as the Indian rupee reached a new all-time low against the US dollar, heightening risk aversion in the market. The recent earnings season has been marked by a sense of caution, with disappointing December-quarter results from major corporations leading to significant declines in specific stocks.
Increasing crude oil prices have heightened worries regarding inflation and external balances, limiting any efforts for recovery. The attention is now directed towards the Union Budget, scheduled for February 1. The S&P BSE Sensex declined by 769.67 points, reflecting a decrease of 0.94%, closing at 81,537.70. The Nifty 50 index experienced a decline of 241.25 points, representing a decrease of 0.95%, closing at 25,048.65.