Stock Market Prediction Tomorrow, 22nd January 2025: The Indian stock market indices fell sharply on Tuesday, with the Nifty index closing below the 23050 level. The equity indices opened positively, Nifty touched a day high at 23426.30 in the early trade, but could not sustain at the higher levels. The equity benchmarks traded volatile in the first half but later fell sharply and closed near the day’s low.
The market volatility was due to the expiry of weekly F&O contracts on the Sensex. The investors’ sentiment was dampened as the US dollar rose on a report that US President Trump plans to impose tariffs of as much as 25% on Canadian and Mexican imports as early as Feb 1. This impacted the Asian Markets and stocks gave up early gains
Indian Stock Market Indices Today
All sectoral indices ended in the deep red, Realty, Energy and PSU Banks fell the most. The BSE Sensex plunged 1235.08 points or 1.60% to 75838.36, while the Nifty 50 index declined 320.10 points or 1.37% to 23024.65. The broader markets underperformed, as the Nifty Midcap index was down 2.31% while the Nifty Smallcap index dropped 2.28% on Tuesday.
The Nifty Index stock, Trent fell 5.80% while the heavyweight Reliance and Bajaj Finance were down more than 2%. The market breadth was weak today. On the NSE, 521 shares advanced, while 1898 shares declined. The NSE’s volatility index “India VIX” rallied 3.89% to 17.06.
Foreign investors continued to offload shares in the Indian markets, they sold Rs 5920.28 cr. Meanwhile, the Domestic Institutional Investors bought shares worth Rs 3500.32 Cr.
Global Stock Market News Updates
Most Asian stock market indices closed higher on Tuesday, as investors shifted their focus to upcoming central bank meetings in the region. Malaysia’s central bank is anticipated to keep its policy rate unchanged at 3% on Wednesday, while the Bank of Japan is set to hold its policy meeting on January 23–24, with Governor Kazuo Ueda hinting at possible interest rate increases.
In Europe, the key equity benchmarks are trading marginally higher at 9.30 PM in India, as investors digested the first executive orders signed by newly inaugurated President Donald Trump. The pan-European STOXX-600 index is trading slightly higher by 0.26% at this moment. On the economic front, private sector wages in the U.K. rose 6% in the three months to November, compared to the previous year, the Office for National Statistics said Tuesday.
The US stock markets are trading higher on Tuesday. All three equity benchmarks, Dow Jones, Nasdaq, and S&P 500 are trading in the positive zone after investors interpreted President Trump’s comments and initial actions on international trade as somewhat less aggressive than earlier expected. Investors are focusing on the quarterly earnings for the fourth quarter.
Indian Stock Market Prediction Tomorrow
Indian Stock Markets have given up all the early gains and broke all the major support levels. The mid and small-cap indices also broke important support levels today.
Going ahead, the Nifty index has a stiff resistance around 23200 followed by 23400 while support is at 22800 for tomorrow. The sentiment is likely to remain extremely cautious tomorrow.
Conclusion
In conclusion, the Indian stock market faced a sharp sell-off on Tuesday, driven by heightened volatility due to the weekly F&O expiry on Sensex and global concerns over potential US tariff hikes. All major indices, including sectoral, mid-cap, and small-cap indices, closed deep in the red, with weak market breadth further dampening sentiment.
Foreign investors remained net sellers, adding to the pressure. Going ahead, the Market sentiment is expected to remain cautious in the near term.
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