Archive · 24 Jan 2026
Market Dips Amid Foreign Selling
The Indian stock market, including the Nifty 50 and Sensex, saw a slight drop during the afternoon trading session.
Investors are being careful because of ongoing foreign selling and mixed company earnings.
Despite some positive global news, like easing geopolitical concerns, the market remains uncertain.
Analysts like Prashanth Tapse from Mehta Equities suggest buying stocks like Hindustan Unilever Ltd (HUL), Asian Paints Ltd, and Dr Reddy’s Laboratories Ltd for short-term gains.
Meanwhile, some stocks like IndiGo and Eternal fell, while others like Bandhan Bank and Tanla Platforms rose.
The overall market is volatile, with investors watching closely for more clarity.
Nifty 50 and Sensex dipped slightly in the afternoon trading session due to foreign selling and cautious investor sentiment.
Nifty 50 dropped 0.28% to 25,222, while the Sensex decreased by 0.35% to 82,021.20.
Prashanth Tapse of Mehta Equities recommends buying Hindustan Unilever Ltd (HUL), Asian Paints Ltd, and Dr Reddy’s Laboratories Ltd for short-term gains.
Key support for Nifty 50 is at 24,144, with immediate resistance at 25,513.
Stocks like IndiGo and Eternal fell, while Bandhan Bank and Tanla Platforms rose during midday trading.
- Who
- Investors, market analysts, and key market indices (Nifty 50, Sensex)
- What
- Market dip due to foreign selling and cautious investor sentiment
- When
- During the afternoon trading session on the reported day
- Where
- Indian stock market
- Why
- Persistent foreign selling, mixed earnings results, and global developments
- Nifty 50
- 25,222 (down 0.28%)
- Sensex
- 82,021.20 (down 0.35%)
- India VIX
- 13.45 (signaling market volatility)
- Key Support for Nifty 50
- 24,144 (200-DMA)
- US PCE Inflation
- 0.2% MoM (unchanged from October)
- US Q3 2025 GDP Growth
- 4.4% (annualized, strongest since Q3 2023)
- Hindustan Unilever Ltd (HUL) CMP
- ₹2,430
- HUL Target Price
- ₹2,518
- HUL Support Level
- ₹2,350–2,380
- Asian Paints Ltd CMP
- ₹2,760
- Asian Paints Target Price
- ₹2,900/3,000
- Asian Paints Support Level
- ₹2,850–2,880
- Dr Reddy’s Lab CMP
- ₹1,238
- Dr Reddy’s Target Price
- ₹1,325/1,350
- Dr Reddy’s Support Level
- ₹1,180
- InterGlobe Aviation (IndiGo) Decline
- 2.95% to ₹4,764
- Eternal Decline
- 3.79% to ₹265.45
- Bandhan Bank Rise
- 6.06% to ₹151.10
- Ashok Leyland Rise
- 2.96% to ₹195.91
- United Spirits Rise
- 1.02% to ₹1,352.10
- Sun Pharmaceuticals Decline
- 0.20% to ₹1,631
- Tanla Platforms Rise
- 10.80% to ₹496.70
- Ujjivan Small Finance Bank Rise
- 3.62% to ₹64.20
Sources
Stocks making biggest moves midday: IndiGo, Eternal, Tanla, United Spirits, Ujjivan Small Finance Bank and more
Sensex falls 500 pts from day’s high, Nifty below 25,200 as FII selling weighs on markets
Dr Reddy's to HUL - Prashanth Tapse of Mehta Equities suggests stocks to buy in the short term
Bajaj Housing Finance shares see their worst week in two months, back towards IPO price
BSE-listed cos shed another ₹16 lakh crore in market cap this week as rout continues
Stock market today Jan 23 2026: Sensex, Nifty log steepest weekly fall, Adani stocks drag on US regulator summon reports
