Overview
- Benchmarks fell in early trade on Monday, with the Sensex down roughly 300–500 points intraday and the Nifty near 25,600 as India VIX rose about 8%.
- Foreign investors have pulled Rs 11,789 crore from equities so far in January, pressuring sentiment even as domestic institutions bought on Friday.
- The Q3 season opens today with TCS and HCL Tech results, with market focus on management commentary from major IT and other large caps for cues.
- December CPI is due after market hours, with WPI, trade balance and forex reserves also on deck this week, while charts flag Nifty support near 25,600 and resistance around 26,000.
- External overhangs include uncertainty over a possible US Supreme Court ruling on Trump-era tariffs and geopolitical tensions in Iran and Venezuela that analysts say are lifting risk premia.