Indian benchmark indices, Sensex and Nifty, are expected to open on a weak note on January 7, tracking early signals from GIFT Nifty, which was trading around 26,212.

On January 6, the domestic equity markets extended losses for the second straight session, with Nifty slipping below the 26,200 mark due to selling pressure in oil & gas, media, and energy stocks. However, selective buying in IT, metal, pharma, and financial shares helped cushion the downside.

On Tuesday, the 30-share benchmark index ended at 85063.34 down by -376.28 points or by -0.44 % and then NSE Nifty was at 26178.7 down by -71.6 points or by -0.27 %.

On the global front, Among the global peers, markets in the Asia-Pacific were mixed on Wednesday as investors reacted to Australia’s inflation data. The ASX/S&P 200 rose by 0.38 per cent following a lower-than-expected Consumer Price Index (CPI) for November, which increased by 3.4 per cent year-on-year, missing forecasts of 3.7 per cent and falling from October’s 3.8 per cent. In contrast, South Korea's Kospi surged 1.89 per cent, while Japan's Nikkei 225 fell 0.45 per cent.

Meanwhile, US equity futures were largely unchanged during early Asian trading hours.

Overnight in the US, Wall Street's major indices settled higher, with the S&P 500 and the Dow Jones Industrial Average both reaching new record highs, as investor sentiment improved following the recent US military strike in Venezuela. The S&P 500 gained 0.62 per cent, closing at a record level, while the Dow climbed 0.99 per cent. Meanwhile, the tech-heavy Nasdaq Composite added 0.65 per cent.

Back home, Top traded Volumes on NSE Nifty – ITC Ltd. 72582738.00, HDFC Bank Ltd. 31988783.00, Eternal Ltd. 29577754.00, Tata Steel Ltd. 28514282.00, Reliance Industries Ltd. 27417125.00,

On NSE, total number of shares traded was 484.53 Crore and total turnover stood at Rs. 109454.06 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 96540 with a total turnover of Rs. 16695.49 Crore. Along with this total number of contracts traded in stock futures were 1412211 with a total turnover of Rs. 96616.59 Crore. Total numbers of contracts for index options were 338245351 with a total turnover of Rs. 57659443.59 Crore. and total numbers of contracts for stock options were 7642892 with a total turnover of Rs. 542202.21 Crore.

The FIIs on 06/01/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 12335.32 Crore and gross debt purchased stood at Rs. 1069.01 Crore, while the gross equity sold stood at Rs. 11597.95 Crore and gross debt sold stood at Rs. 1418.25 Crore. Therefore, the net investment of equity and debt reported were Rs. 737.37 Crore and Rs. -349.24