Nifty Trade setup for January 16
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Moneycontrol16-01-2026, 08:26

Global Cues: Indian Markets Eye Muted Opening Amid Mixed International Trends

  • Indian benchmark indices, Sensex and Nifty, are expected to open flat on January 16, influenced by GIFT Nifty's marginal dip.
  • US stocks rose, driven by strong quarterly results from Morgan Stanley, Goldman Sachs, and TSMC, boosting chipmakers.
  • Asian equities show mixed trends but are on track for their longest weekly winning streak since May, fueled by AI bets.
  • The dollar index is set for a third weekly gain, while crude oil prices remain flat; silver saw a drop.
  • FIIs offloaded Rs 4781 crore in equities, while DIIs bought Rs 5217 crore on January 14.

Why It Matters: Indian markets anticipate a flat start, balancing mixed global cues and significant FII outflow against DII buying.

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