📊 Indian Markets Pre Market Sentiment Report (January 28, 2026)– Nifty,Bank Nifty and Sensex Market Outlook
Good morning! Here’s your Indian Markets Pre Market Report setup for Wednesday, Jan 28, 2026, with global cues, key levels, derivatives snapshot, flows, IPOs, and the day’s watchlist.
🌍 Global Cues (Overnight) — What’s moving the mood?
🇺🇸 US Markets (Tuesday close)
Wall Street stayed mixed-to-positive, with tech strength doing the heavy lifting:
S&P 500: 6,978.60 (+0.4%) — record high
Nasdaq: 23,817.10 (+0.9%) 👉apnews
Dow: 49,003.41 (-0.8%) (dragged by health insurers)
One-line reason: Earnings + AI-led momentum helped the S&P/Nasdaq, while sharp insurer selloff hit the Dow.
🇪🇺 Europe (Previous session close)
European markets ended mostly higher:
FTSE 100: 10,207.80 (+0.6%)
CAC 40: higher on the day
DAX: slightly lower
One-line reason: Risk appetite improved as investors digested major trade headlines and macro positioning.
🌏 Asia (Early trade mood)
Asian sentiment is mixed, tracking US tech strength but staying selective ahead of key global events (rates/earnings). (Asia cues broadly aligned with overnight US tone.)
🧭 Gift Nifty (Early)
Gift Nifty: around 25,458 early morning, indicating a positive start 👉ndtv profit
Mood line: Mild gap-up bias, but expect stock-specific action (earnings + sector rotation) to dominate.
🇮🇳 India Market Recap — Last session (Tuesday, Jan 27)
Nifty 50: 25,175.40 (+0.51%)
Sensex: 81,857.48 (+0.39%)
Bank Nifty: 59,205.45 (+1.25%)
👉More details keep reading Indian Market Post Market Report-Jan 27,2026
What it said about the tape: The market absorbed intraday volatility and still closed firm — buyers defended dips, with banking support showing up into the close.
🤝 Trade Radar — India vs US (and the bigger trade story)
Right now, trade headlines are shaping global risk sentiment:
India and the EU have finalised a landmark trade agreement, after long negotiations. This comes in the backdrop of US tariff uncertainty and shifting trade alignments, which is why markets are reacting fast to every trade-related headline.
Market takeaway: Any clarity on tariffs / trade lanes / export demand can swing autos, metals, pharma, and exporters quickly.
🏛️ SEBI Updates — What’s new & why it matters
Recent SEBI actions to track (impact: market microstructure + participation):
Closing Auction Session (CAS) introduction + pre-open auction modifications (can influence closing prints and liquidity behaviour).
SWAGAT-FI framework (single-window access framework for trusted foreign investors — sentiment-positive for ease of participation).
Simple impact: Better closing mechanism + smoother FPI access tends to support market quality and confidence, especially during volatile phases.
📌 Indian Markets Pre Market Report Today Key Levels (Support and Resistance )
🔷 Nifty 50 (Spot)
Immediate support zone: 25,000 – 24,990 (Pivot S1 ~ 24,989)
Stronger support: 24,804 (Pivot S2)
Immediate resistance: 25,300 – 25,305 (Pivot R1 ~ 25,304)
Next resistance: 25,432 (Pivot R2)
(Computed using prior session High/Low/Close.)
🏦 Bank Nifty
Support: 58,414 then 57,622
Resistance: 59,714 then 60,222 👉investing.com
🏛️ Sensex
Support: 81,274 then 80,690
Resistance: 82,263 then 82,668
🧩 Derivatives Snapshot — OI, PCR, VIX
📍 India VIX
India VIX: around 14.2–14.5 range (still controlled, not complacent)
📍 Put-Call Ratio (PCR)
Nifty PCR prints were seen around ~0.84 near end of session for the 27 Jan expiry series view
How to read it: PCR below 1 suggests calls relatively heavier than puts → optimism, but not “euphoria”. If PCR rises sharply with price, that’s healthier bullish breadth.
💰 FII & DII Activity (Latest)
FII: net seller ~₹3,068.49 cr (cash)
DII: net buyer ~₹8,999.71 cr (cash)
Read-through: The market has been getting “local institution support” on dips — an important cushion when FIIs stay cautious.
🪙 Commodities Check — Inflation + Risk Mood
🛢️ Crude Oil
Brent: around $67.73/bbl
WTI: around $60.63/bbl
One-line reason: US winter storm disruptions vs supply restart elsewhere kept crude steady and sensitive to headlines.
🥇 Gold
Gold: surged to record levels ₹1,57,666 /10g
🥈 Silver
Silver: ₹3,55,800/kg strong risk-hedge demand continues (spot references show elevated levels).
Simple takeaway: When gold rips like this, it often signals risk hedging in the background — equity rallies can still happen, but traders stay quick on stops.
💱 Currency (Morning)
USD/INR futures indicated around 91.72 early. Rupee has been reacting to dollar moves + trade optimism recently.
🧾 Earnings Watch — Q3 Results Outlook (2 Stocks to Track)
📡 Vodafone Idea (Q3FY26)
Loss narrowed YoY to ₹5,286 cr, revenue up ~2%, ARPU rose to ₹186
Market lens today: Watch how the street reacts to ARPU trend + funding/capex narrative.
Volatility can be sharp in such names.
🏗️ UltraTech Cement (Q3FY26)
Q3 PAT up ~32% YoY (strong result), stock reaction and broker commentary remain supportive.
Market lens today: Cement tends to influence broader infra/theme sentiment; follow-through buying matters.
👉More Q3 Results Q3 FY26 Results Update: TCS, Infosys, HCLTech
🧿 IPO Updates — New & Ongoing (India)
Some issues opening around Jan 28–30, 2026 include:
Accretion Nutraveda Ltd (Jan 28–30)
Msafe Equipments Ltd (Jan 28–30)
Kanishk Aluminium India Ltd (Jan 28–30)
Also keep an eye on IPO calendars/listing trackers for this week’s pipeline.
🧠 Strategy (Simple, Actionable)
⏱️ Short-Term (Traders)
If Nifty holds above 25,000–24,990, bulls keep the upper hand for a push towards 25,300.
If 25,300 fails repeatedly, expect a range day and stock-specific moves.
Keep an eye on Bank Nifty leadership — it has been the “index stabiliser” lately.
🧱 Long-Term (Investors)
Stay SIP-consistent and use volatility-led dips to accumulate quality leaders in: Banks/large financials (if results + asset quality remain steady) Core cyclicals (cement/infra plays when earnings support the cycle) With gold strong and trade headlines loud, balance portfolios (avoid over-leverage; stagger entries).
✅ Final Pre-Market Checklist (1 minute)
✅ Gift Nifty trend till opening
✅ VIX direction
✅ Crude + USD/INR
✅ Earnings reactions (Vodafone Idea, UltraTech)
✅ FIIs vs DIIs
👉Further reading
India’s New Labor Codes: Why Companies Are Taking “Thousand-Crore”
Pre-Budget Market Outlook (Union Budget 2026-27) — What the Market Is Pricing In
FIIs Are Selling, Markets Aren’t Falling — Who Controls Indian Stocks in 2025?
How Much Should You Invest Every Month? A Simple Guide for Salaried People
Stock Market 101–Lesson 14 IPOs for Beginners: Process & Allotment Basics
Stock Market 101 – Lesson 11 MA, RSI & MACD
⚠️ Disclaimer:
This Indian Markets Pre Market Sentiment report is for educational and informational purposes only. It is not investment advice or a recommendation to buy/sell any security. Markets involve risk; please consult a SEBI-registered financial advisor before making investment decisions.