"Results Mantra, Volatile Dance – TCS HCL Spotlight, Steady DII Stance!"

Monday, January 12, 2026: Market likely opens flat to positive with Gift Nifty signaling muted start amid strong US record highs (S&P 6,966 +0.65%) but Friday's 5th straight D-St loss (Nifty <25,700) sets cautious tone. Key levels Nifty 25,700 support/26,000 resistance, heavy results day TCS/HCLTech action dominates; FIIs net sell ₹3,609 Cr countered by DII ₹5,341 Cr buying continues support.

Global Market Overview US Markets (Fri close): S&P 500 +0.65% record 6,966, Nasdaq +0.82% 23,671, Dow +0.48% 49,504 - chipmakers Broadcom rally offset weak jobs data, Fed cuts pricing intact. Asia (Mon): Mixed - Japan trade data, India record-low inflation, South Korea rate decision; China stimulus digestion. Gift Nifty: Muted ₹24,571-24,736 range (prev ₹24,655) flat Nifty open expected. Stocks in Action Today Results Heavyweights: TCS (Q3 post-market Jan 12) - seasonality revenue beat expected. HCL Tech (Q3) - margin lift software deals. Avenue Supermarts (DMart) Q3 PAT ₹855 Cr +18%. IREDA Q3 PAT ₹585 Cr +38% reaction continuation. Anand Rathi Wealth, Maharashtra Scooters etc. 17+ companies. Other Focus: M&M, Signature Global, NTPC (CNG facility), PSU banks, Oil&Gas outperformers Friday. News Flow Stocks TCS/HCLTech Q3 focus. IREDA Q3 beat continuation. DMart Q3 +18% PAT reaction. NTPC ₹10K Cr CNG plant. M&M updates.