There are expected to be sharp fluctuations in the stock market this week. Third quarter earnings of companies, increasing tension between US-Iran, continuous selling by FIIs and technical indicators will influence the market. Factors that can decide the direction of the market… US-Iran tension impacts global sentiment. Tension is increasing between America and Iran. Iran has canceled the executions of hundreds of protesters, which brought some relief, but US officials have said that military action could be taken if necessary. The Abraham Lincoln aircraft carrier and other defense systems are headed to the Middle East. India is considering the Chabahar port project as the Trump Administration has threatened additional 25% tariffs on countries doing business with Iran. Third quarter results of 230+ companies More than 230 companies will declare Q3 (October-December) results this week. The results of Zomato, Kotak Mahindra Bank, UltraTech Cement and Indigo will be important. Names like LTI Mindtree, PNB, ITC Hotels, Adani Green, IndusInd Bank will also be in focus. Reliance and Wipro gave results after the market closed on Friday. The results of HDFC Bank, ICICI Bank and Yes Bank came on Saturday. FIIs are continuously selling, DIIs are providing support. FIIs sold heavily last week. Last week, foreign investors sold ₹14,266 crore in just four trading sessions. On Friday, FIIs made net selling of Rs 3,490 crore, while DII made purchases of Rs 3,076 crore. Meanwhile, FIIs have sold a total of Rs 22,530 crore in the first 15 days of January. Experts say FII selling may continue unless a major positive trigger comes. There is also pressure due to AI trade and high valuation. Bearish pattern in Nifty, strong support at 25,550 Nifty closed with a slight rise on Friday last week. A bearish Gravestone Doji candle has formed on the daily chart and weakness is also visible in the RSI. Experts say that the zone of 25,550-25,600 is an important support where the 100-day SMA is. Above, there is resistance at 25,850-25,900. If Nifty goes below 25,550 then further decline is possible. Week of IPO and Listing: 4 IPOs will open this week, from which around Rs 2,066 crore will be raised. The IPO of mainboard segment Shadowfax Technologies will open from January 20, with a price band of Rs 118-124. IPOs of Digilogic System, KRM Ayurveda and Shayona Engineering will open in SME. Bharat Coking Coal and Amagi Media Labs will be monitored in the listing. Subscription of Bharat Coking Coal increased 147 times and 57% gain is visible from GMP. Rupee at 90.86, rise in gold and silver Rupee fell 0.6% to close at 90.86 on Friday, the biggest fall since November. There is pressure from importers’ dollar demand and NDF positions. US-Iran tension has increased safe haven demand in gold and silver. So far in 2026, gold has risen by Rs 7,000/10 grams and silver by Rs 52,000/kg. Corporate Actions and Other Updates The record date of ICICI Prudential AMC’s interim dividend (Rs 14.85/share) is January 21. There will also be dividend action in stocks like Bank of Maharashtra, NLC India, Angel One. On Friday, Sensex had closed with a gain of 187 points. There was a rise on the last trading day of last week i.e. Friday (January 16). Sensex closed at 83,570, up 187 points. Nifty also rose 28 points, it closed at the level of 25,694.
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