Pre-Market Setup: Global Trends Shaping Today's Session on January 23, 2026
GIFT Nifty down 0.22%, indicating a soft start. US markets closed positive, with Dow up 0.62% and NASDAQ up 0.88%. Asian markets mixed, Nikkei and Hang Seng both up 0.35%. Commodities show significant moves: Crude oil +0.66%, Gold +0.80%, Silver +2.30%. USD/INR at 91.56, up 0.03%. FIIs were net sellers, while DIIs were net buyers on Jan 22. Key results awaited from IndusInd Bank, Cipla, JSW Steel, and BPCL.

*this image is generated using AI for illustrative purposes only.
Market Overview
As traders prepare for the opening bell, global markets present a mixed picture, setting the stage for an intriguing session ahead.
GIFT Nifty Update
GIFT Nifty futures stand at 25,341.00, down 0.22% or 55 points from the previous close, indicating a potentially soft start for the domestic indices.
US Markets
U.S. stock indices closed on a positive note in the previous session:
| Index | Closing Value | Change (%) |
|---|---|---|
| Dow Jones | 49,405.00 | +0.62 |
| NASDAQ | 23,450.09 | +0.88 |
| S&P 500 E-Mini Futures | 6,955.50 | +0.15 |
Asian Markets
Asian markets show a mixed trend in early trading:
| Index | Current Value | Change (%) |
|---|---|---|
| Nikkei 225 | 53,874.69 | +0.35 |
| Hang Seng | 26,723.60 | +0.35 |
Commodity Trends
Key commodities are experiencing notable movements:
| Commodity | Price (USD) | Change (%) |
|---|---|---|
| Crude Oil | 59.75 | +0.66 |
| Gold | 4,952.50 | +0.80 |
| Silver | 98.59 | +2.30 |
| Natural Gas | 4.98 | -1.37 |
Currency Updates
The USD/INR pair is trading at 91.56, up 0.03% from its previous close.
FII/DII Activity
Recent institutional investor activity shows:
| Investor Type | Action | Amount (₹ Crore) |
|---|---|---|
| FIIs (Jan 22) | Net Sellers | -2,549.80 |
| DIIs (Jan 22) | Net Buyers | +4,222.98 |
Key Corporate Actions
Several companies have announced quarterly results and dividends:
| Company | Action | Details |
|---|---|---|
| IndusInd Bank | Quarterly Results | To be announced |
| Cipla | Quarterly Results | To be announced |
| JSW Steel | Quarterly Results | To be announced |
| Havells | Interim Dividend | ₹4.00 per share |
| BPCL | Quarterly Results | To be announced |
Conclusion
As the market opens, traders will be closely watching these global cues and corporate actions. The mixed signals from global markets, coupled with significant commodity movements and institutional investor activity, set the stage for a potentially volatile session.
























