Liquide Market Summary 23rd January 2026
The market struggled to build on the strong rebound from the previous session and ended lower in a volatile trading session, as selling pressure swept across all sectors.
Indian Stock Market Today: The market struggled to build on the strong rebound from the previous session and ended lower in a volatile trading session on January 23, as selling pressure swept across all sectors. After a muted start, the market traded within a range during the first half. However, mid-session profit-taking pushed the Nifty down to its intraday low of 25,025.30, with the index closing near that level.
The broader market underperformed the benchmarks, with the BSE Midcap index declining by 1.5% and the BSE Smallcap index falling by 2%. All sectoral indices closed in the red.
The market will remain closed on Monday, January 26, in observance of Republic Day.
NIFTY: The index opened 55 points higher at 25,344.60, reached a high of 25,347.95 and closed at 25,048.65. Nifty formed a long bearish candle on the daily chart. Its immediate resistance level is now placed at 25,130 while immediate support is at 24,975.
BANK NIFTY: The index opened 105.05 points higher at 59,305.15, reached a high of 59,400.15 and closed at 58,473.10. Bank Nifty also formed a long bearish candle on the daily chart. Its immediate resistance level is now placed at 58,800 while immediate support is around 58,250.
Stocks in News
- Home First Finance Co: Stock surged over 6% after the company reported a 44% jump in Q3 profit, reaching ₹140.2 crore. Additionally, the company’s AUM grew by 25% YoY to ₹14,925 crore.
- Bandhan Bank: Stock rose nearly 5% despite a 52% drop in the bank’s Q3 profit. However, asset quality improved significantly, with the Net NPA falling to 0.99% compared to 1.37% QoQ.
- Interglobe Aviation: Stock fell over 4% following a 78% decline in the airline’s Q3 profit, which dropped to ₹549.1 crore. Despite this, revenue increased by 6% YoY, reaching ₹23,471.9 crore.
Other News
- Most Asian markets ended the day higher, buoyed by stronger cues from Wall Street.
- In contrast, European shares dipped, poised to break their longest streak of weekly gains since May, as investors weighed the potential fallout from the latest flare-up in trade tensions involving Greenland.
- Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against Iran, a major Middle Eastern producer, sparking concerns of military action that could disrupt supply chains.
- Gold hit another record high on Friday, while Silver and Platinum also extended their gains to reach all-time peaks, fueled by waning confidence in U.S. assets amid rising geopolitical tensions and economic uncertainty.
This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as
i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or
ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or
iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.
With Liquide, you can explore stocks, trade securely in your own broker account, and receive expert-recommended trade setups. Stay updated with real-time tracking, market commentary, and AI-powered insights from LiMo, our intelligent bot. Whether you're a seasoned investor or a newbie, Liquide provides the tools you need to discover your next big investment opportunity. Download the app now from Google Play Store and Apple App Store to revolutionize your investment journey. Don't miss out on the chance to level up your investing game with Liquide.