Stock Market Rises on Global Cues, Infosys, RIL Boost Sentiment; Key Levels to Watch

Business
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Moneycontrol•16-01-2026, 10:25
Stock Market Rises on Global Cues, Infosys, RIL Boost Sentiment; Key Levels to Watch
- •Indian stock market shows buying mood due to positive global signals and easing US-Iran tensions.
- •Nifty trades around 25750, up 80 points, boosted by strong results from Infosys and RIL.
- •Bank Nifty is up 400 points, with mid and small-cap shares also seeing buying interest.
- •Infosys is the top Nifty gainer, up 4% after better-than-expected Q3 results and guidance; IT index strengthens.
- •Nifty faces critical support at 25,500–25,450 and resistance at the 50-day EMA zone of 25,880–25,900.
Why It Matters: Positive global cues and strong corporate earnings are driving market sentiment, but key technical levels remain crucial.
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