Indian equity benchmarks turned positive by midday on January 14, 2026, supported by strong buying in metal, energy, and PSU counters. After a weak start, the market witnessed a steady recovery, reflecting continued sector rotation and selective accumulation in value-driven stocks.
At 12:22 IST, the Nifty 50 stood at 25,774.80, up 42.50 points or 0.17%.
Intraday movement highlighted a clear rebound:
Open: 25,648.55
High: 25,791.75
Low: 25,638.35
Broader indices and sectoral performance remained supportive:
Nifty Next 50: 68,892.65 (+0.54%)
Nifty Financial Services: 27,616.30 (+0.11%)
Nifty Bank: 59,653.35 (+0.13%)
The broader market strength signalled improving risk appetite.
Top Gainers: Metals and PSU Stocks Drive the Rally
Cyclical and PSU stocks dominated the gainers’ list, supported by heavy volumes and strong traded value.
Tata Steel surged 3.79% to ₹189.49, with exceptionally high volumes of 387.70 lakh shares, emerging as the top gainer.
NTPC climbed 2.89% to ₹347.65, reflecting continued interest in power sector stocks.
ONGC rose 2.70% to ₹250.37, tracking strength in energy counters.
Axis Bank gained 2.64% to ₹1,295.30, providing momentum to financials.
Hindalco advanced 1.70% to ₹952.20, extending the rally in metal stocks.
The rally suggests investors are increasingly favouring PSU, metal and value-oriented themes.
Top Losers: IT and FMCG Stocks Face Pressure
Despite the positive market tone, select sectors continued to see selling pressure.
TCS slipped 1.77% to ₹3,210.10, leading losses among IT majors.
Asian Paints fell 1.73% to ₹2,836.30 amid profit booking in consumer stocks.
Sun Pharma declined 1.70% to ₹1,699.30, weighing on pharma.
Cipla dropped 1.22% to ₹1,430.70.
Hindustan Unilever (HUL) eased 1.21% to ₹2,360.60.
The weakness in defensives like FMCG and pharma indicates a shift towards cyclical stocks.
Market Mood: Value Rotation Strengthens
The session reflects a clear value-driven rotation, with funds moving into metals, energy, PSU, and select banking names, while IT, FMCG, and pharma witness continued consolidation. This behaviour typically signals improving confidence in economic momentum.
Traders are expected to monitor global cues and sector-specific triggers for further direction.
Conclusion: January 14, 2026
The Nifty’s rebound to 25,775 by noon underscores the market’s resilience, driven by strong gains in Tata Steel, NTPC, ONGC, and Axis Bank. While IT and FMCG stocks remain under pressure, the broader trend suggests constructive sentiment with active sector rotation. In the near term, markets are likely to remain stock-specific, with strength in cyclical sectors supporting the benchmark.