Nifty Outlook: Selling pressure in the stock market continued for the fifth consecutive session on Friday. Due to heavy selling, Nifty slipped below the important level of 25,700. At the end of trading, Nifty closed at 25,683 with a fall of 193 points.
Now let us understand from the experts how the movement of Nifty will be on Monday, January 12 and which levels will be important. But, first let us know what special happened in the market on Friday.
feeling of weakness all day long
On Friday, Nifty started with a fall of 36 points. After this, selling dominated the market throughout the day. As a result, more than 35 Nifty stocks closed in the red. Buying support in the market appeared to be very limited.
With Friday’s fall, the entire week was weak for the market. Nifty fell in all five consecutive trading sessions. The total lost 2.45% at the end of the week. This is the biggest weekly fall of Nifty after the week ending September 26, 2025.
Clear market cap of ₹15 lakh crore
Due to last week’s sharp selling, the total market cap of BSE listed companies decreased by about ₹ 15 lakh crore. This decline in the market clearly affected the sentiments of investors.
Big stocks played an important role in creating pressure on the market. HDFC Bank recorded its worst weekly fall since January 2024. This week alone HDFC Bank’s market cap declined by more than ₹1 lakh crore.
Some shares showed strength
Even amidst the weak market, stocks like Asian Paints, ONGC and HCL Tech managed to close with gains in Nifty. At the same time, maximum selling pressure was seen on Adani Enterprises, NTPC and Adani Ports and these shares were the top losers of the day.
How was the situation in the sectors?
Oil & Gas, IT and PSU bank sectors suffered comparatively lesser losses. On the contrary, the biggest decline was recorded in realty, auto and consumer durables sectors.
There was more pressure in the broader market. Nifty Midcap 100 index slipped 0.79%. At the same time, a sharp decline of 1.81% was seen in the Nifty Smallcap 100 index.
Will keep an eye on the results next week
Now investors will keep an eye on the quarterly results starting next week. TCS and HCL Technologies will release their results on Monday. At the same time, the results of Reliance Industries are to come on Friday. The impact of these results may decide the direction of the market in the coming sessions.
What is the opinion of experts on Nifty?
Nagaraj Shetty of HDFC Securities says that if Nifty remains below the support of 25,700, then the fall may deepen further in the coming week. In such a situation the index may slip to 25,400. At present, the level of 25,900 is being seen as a strong resistance on the upside.
According to Nilesh Jain of Centrum Broking, Nifty definitely tried to recover, but it faced tough resistance around the 50-day moving average. This average is at around 25,960 level, from where the index had to face pressure again.
Nilesh Jain further said that the next important support is near the 100-day moving average, which is located around the level of 25,540. As long as Nifty remains above this zone, the possibility of another surge towards 25,900 cannot be ruled out.
Sentiment weakens due to continuous selling
According to Rupak Dey of LKP Securities, repeated selling has pulled Nifty to multi-day low and the market sentiment has become clearly negative. He believes that the trend may remain weak in the near term.
Rupak Dey says that Nifty may slip to the range of 25,550 to 25,500 in the coming sessions. On the upside, the level of 25,850 will act as a strong resistance.
According to Nandish Shah of HDFC Securities, if Nifty breaks decisively below the 100-day EMA i.e. 25,619, then the selling may intensify. In such a situation, the next big support is at 25,318, which is also the swing low of November 2025. Shah also said that the zone of 25,950-26,000 will remain a strong resistance on any recovery.
Signs of weakness in Nifty Bank also
The Nifty Bank index has closed below its 20-day EMA for the first time since December 29. This is being considered a sign of weakening of the short-term uptrend.
According to experts, the zone of 59,100-59,000 will act as immediate support for Nifty Bank. If the index sustains below 59,000, the fall could extend to 58,500. At the same time, on the upside, the level of 59,500-59,600 is being seen as immediate resistance.
Stocks to Watch: These 19 stocks will be in focus on Monday, January 12, big movement can be seen