📊 Daily Market Analysis : January 2, 2026

💼 FII Activity FIIs sold more than ₹3,200 crores in the cash market. In the F&O segment, they reduced some net index futures positions and built fresh net index call positions, indicating selective positioning rather than aggressive bearishness. 🌍 Global Sentiment Global markets are reopening today and most major indices are trading in the green. This positive global setup is providing supportive cues for Indian markets as well. 📈 Market Structure The market structure remains strong on charts. Despite yesterday’s sharp move in ITC, the broader market managed to close in positive territory. Bank Nifty continues to show clear strength and is outperforming other indices. 🧭 Key Levels to Watch Nifty: 26,200 remains a key resistance and crossing this level sustainably may require strong FII buying. Bank Nifty: Sustained above its key resistance of 59,600 and has the potential to move towards 60,200–60,800 during this month. ⚠️ Our View Result season is approaching fast. Focus on quality stocks with strong fundamentals and trade with tight stop-loss. Avoid aggressive positions and stay disciplined.