Can you give a pre market report for Indian market today January 23, 2026 , with support and resistance, FII DII last day data, Gift nifty position , FII Long Contracts (Index Futures) and Short Contracts , January 2026 month, oi contact put and call, news and updates
📊 Indian Market Pre-Market Report: January 23, 2026 🚀
The Indian markets are set to open on a positive note today, Friday, January 23, 2026. After snapping a three-session losing streak on Thursday, the bulls are looking to capitalize on easing global tensions and strong domestic buying.
🌍 Global Market Sentiment & Gift Nifty
- Gift Nifty: Trading near 25,380, indicating a potential gap-up or positive start of about +30 to +40 points for the Nifty 50.
- US Markets: Wall Street rallied for a second consecutive day. The Dow Jones rose 0.6%, and the Nasdaq gained 0.88% after President Trump withdrew tariff threats against European allies, providing a massive relief to global trade.
- Asian Markets: Broadly higher; the Nikkei 225 is up over 2%, and the Taiwan Weighted index has surged 1.7% in early trade.
💰 FII & DII Data (January 22, 2026)
The “Buying vs. Selling” battle continues, with Domestic Institutions (DIIs) single-handedly absorbing the Foreign Institutional (FII) selling pressure.
| Category | Net Value (Cash Segment) | Sentiment |
| FII (Foreign Institutional Investors) | 🔴 -₹2,549.80 Crore | Selling |
| DII (Domestic Institutional Investors) | 🟢 +₹4,222.98 Crore | Buying |
📉 Derivative Outlook: FII Positions & OI
FIIs continue to hold a heavily net short position in the index, though there is selective buying in stock futures.
- FII Index Futures (Jan 2026):
- Net Action: Sold -₹1,957.50 Crore.
- Positioning: The Long-Short ratio remains bearish at approximately 27% Long vs 73% Short.
- Nifty Put-Call Ratio (PCR): Improved to 0.87 (from 0.78), indicating a cooling of bearish intensity and a shift toward a more balanced “Buy-on-Dips” sentiment.
- Open Interest (OI) Concentration:
- Max Call OI (Resistance): 25,500 and 26,000 strikes.
- Max Put OI (Support): 25,000 and 25,100 strikes.
🛡️ Technical Support & Resistance
NIFTY 50
- Immediate Resistance: 25,330
- Major Hurdle: 25,475
- Key Support: 25,150 (Immediate)
- Crucial Floor: 25,000
BANK NIFTY
- Immediate Resistance: 59,100
- Major Hurdle: 59,750
- Key Support: 58,600
- Crucial Floor: 58,100
📰 News & World Updates
- Greenland Tensions Thaw: Geopolitical jitters regarding the US-Denmark “Greenland Issue” have moderated after diplomatic channels opened, leading to a “Risk-On” sentiment globally.
- Earnings Season: Major results scheduled for today: JSW Steel, Cipla, BPCL, Shriram Finance, and Godrej Consumer. Expect high volatility in these specific counters.
- Currency Watch: The USD/INR remains under pressure, trading near 91.45–91.60. The Rupee’s weakness is a tailwind for IT exports but a headwind for oil importers.
- Corporate Buzz: Amagi (SaaS) and Premier Energies are in focus following positive analyst ratings and recent strategic orders.
📅 US & Global Economic Events Tonight
- US Pending Home Sales (Dec): Critical for understanding the impact of high-interest rates on the US housing market.
- 20-Year Bond Auction: Will signal the level of global demand for US debt amidst the current administration’s fiscal policies.
- Fed Outlook: Markets are pricing in a high probability of a rate pause, keeping the dollar index (DXY) stable near the 103.5 level.
Summary: The market trend is “Buy on Dips” as long as Nifty holds above 25,100. Easing trade war fears are the primary catalyst for today’s expected strength. However, sustainment above 25,450 is necessary for a fresh bullish breakout.