Smallcap investors can anticipate a more constructive 2026. Expectations have reset after a challenging 2025. The focus will shift to selecting individual stocks with strong fundamentals. Companies demonstrating balance-sheet discipline and quality-led growth will lead the way. This selective approach is key for navigating the smallcap segment. Long-term investors can find attractive opportunities.
On January 16, six stocks from the NSE large-cap universe appeared in the RSI Trending Up scan, based on data from StockEdge.com. An RSI move above 50 from below is considered an uptrend signal, reflecting strengthening momentum and growing bullish sentiment, which traders monitor to spot potential buying opportunities.
In the NSE list of stocks with a market cap over Rs 10,000 crore, 11 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on January 16, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
An equity derivatives gauge is flashing caution as foreign selling and tariff uncertainty deter traders from chasing upside. The Nifty Put-Call Ratio (PCR) has fallen to 0.65, indicating a rapid unwinding of put positions and fresh call writing, suggesting negative sentiment among options traders.
December quarter results show mid-single digit net profit growth, primarily due to weak IT sector performance. Banking and finance companies, however, posted double-digit profit growth, supporting overall numbers. IT firms faced a profit decline, impacted by delayed client decisions and a shift towards AI projects.
The Bank of Japan's upcoming meeting is poised for yen volatility as investors anticipate the timing of the next rate hike, further complicated by an impending election. Despite a recent rate increase to 0.75%, the yen remains under pressure.
Indian markets are experiencing indecision and rising volatility. Analysts highlight key levels for Nifty. A close above 25,900 could boost the index towards 26,300. Conversely, a break below 25,500 may signal further declines. Traders are advised to await clear direction. Top stock picks include Canara Bank, Tech Mahindra, Rail Vikas Nigam, Bank of India, and Ultratech Cement.
Reliance Industries' consolidated EBITDA margin reached a seven-quarter high, driven by a strong oil-to-chemicals division and RJio's robust telecom performance. This growth partially offset weakness in the retail segment due to festive season shifts and GST rate changes. The company is also investing in a battery manufacturing facility and renewable power generation.
