Indian benchmark indices Sensex and Nifty are likely to open on a muted note on January 12, taking cues from GIFT Nifty, which was trading flat around 25,808.50.

The cautious opening comes after Indian equity benchmarks extended losses for the fifth consecutive session on January 9, 2026, weighed down by uncertainty over the US Supreme Court’s verdict on the legality of Trump-era tariffs, which kept global risk sentiment subdued. As a result, markets may remain range-bound in early trade, with investors awaiting clearer global cues.

On Friday, the 30-share benchmark index ended at 83576.24 down by -604.72 points or by -0.72 % and then NSE Nifty was at 25683.3 down by -193.55 points or by -0.75 %.

On the global front, Asian markets were trading on Monday, tracking gains on Wall Street after a US jobs report showed a decline in the unemployment rate, highlighting strength in the labour market. Investors are also watching oil prices closely as protests in Iran entered a third week.

Last checked, Japan's Nikkei 225 index was trading 1.61 per cent higher, South Korea's KOSPI was up 1.24 per cent, and Hong Kong's Hang Seng index was up 0.55 per cent.

On Friday, US equity markets settled higher following largely benign employment data that showed job additions came in slightly below expectations, while the unemployment rate edged down to 4.4 per cent. The S&P 500 rose 0.65 per cent, the Nasdaq Composite gained 0.81 per cent, and the Dow Jones Industrial Average rose 0.48 per cent.

Back home, Top traded Volumes on NSE Nifty – Eternal Ltd. 55851766.00, HDFC Bank Ltd. 38183839.00, ITC Ltd. 35193201.00, Tata Steel Ltd. 25318701.00, Bharat Electronics Ltd. 22963210.00,

On NSE, total number of shares traded was 622.32 Crore and total turnover stood at Rs. 106746.84 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 146880 with a total turnover of Rs. 25042.79 Crore. Along with this total number of contracts traded in stock futures were 1485713 with a total turnover of Rs. 101413.19 Crore. Total numbers of contracts for index options were 148138002 with a total turnover of Rs. 24982803.96 Crore. and total numbers of contracts for stock options were 7780814 with a total turnover of Rs. 538620.63 Crore.

The FIIs on 09/01/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 11324.25 Crore and gross debt purchased stood at Rs. 1027.05 Crore, while the gross equity sold stood at Rs. 15034.06 Crore and gross debt sold stood at Rs. 373.28 Crore. Therefore, the net investment of equity and debt reported were Rs. -3709.81 Crore and Rs. 653.77