Indian benchmark indices Sensex and Nifty 50 are likely to open higher on January 20, tracking cues from GIFT Nifty trading around 23,281.50, a short while ago this morning.

The Indian market snapped three-day winning streak and ended lower with Nifty around 23,200 amid selling in IT and banking names despite the sector biggies Infosys and Axis Bank posted better numbers for the quarter ended December.

However, gains in Reliance Industries, post reporting higher profit, helped to limit the losses.

On Friday, the 30-share benchmark index ended at 76619.33 down by -423.49 points or by -0.55 % and then NSE Nifty was at 23203.2 down by -108.6 points or by -0.47 %.

On the global front, Markets in the Asia-Pacific region also traded higher on Monday, ahead of Donald Trump’s inauguration with investors awaiting greater clarity on the policies of the incoming US administration.

Australia’s S&P/ASX 200 rose 0.31 per cent. Japan’s Nikkei 225 climbed 1.24 per cent, while the Topix added 1.33 per cent. South Korea’s Kospi was marginally higher by 0.04 per cent and the Kosdaq was marginally lower by 0.01 per cent.

Hong Kong’s Hang Seng index rose 1.39 per cent, while mainland China’s CSI 300 inched 1.15 per cent higher as China left its benchmark lending rates unchanged on Monday.

All three of Wall Street's major indices were up for the day while the S&P 500 and the Dow registered their biggest weekly gains since the week of the US presidential election. The Nasdaq scored its biggest weekly advance since early December.

Back home, Top traded Volumes on NSE Nifty – Axis Bank Ltd. 33831617.00, Reliance Industries Ltd. 29366277.00, Tata Steel Ltd. 27421959.00, Infosys Ltd. 16409953.00, Bharat Electronics Ltd. 12741720.00,

On NSE, total number of shares traded was 300.85 Crore and total turnover stood at Rs. 86331.32 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 390819 with a total turnover of Rs. 27274.76 Crore. Along with this total number of contracts traded in stock futures were 1456733 with a total turnover of Rs. 91954.67 Crore. Total numbers of contracts for index options were 75225754 with a total turnover of Rs. 10071218.17 Crore. and total numbers of contracts for stock options were 8449939 with a total turnover of Rs. 556361.55 Crore.

The FIIs on 17/01/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 11550.55 Crore and gross debt purchased stood at Rs. 476.40 Crore, while the gross equity sold stood at Rs. 15891.79 Crore and gross debt sold stood at Rs. 1317.52 Crore. Therefore, the net investment of equity and debt reported were Rs. -4341.24 Crore and Rs. -841.12