Geopolitical Tensions Rise ;Nifty Metal Index Slides on Profit Booking& More – Paper by Pocketful
Market Recap: 08th January, 2026
Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
Transformers & Rectifiers Ltd (-9.25%): stock fell sharply even after strong Q3 results, with net profit up 35% YoY to ₹74 crore, revenue rising 32%, and order book at ₹5,450 crore.
Housing and Urban Development Corporation (-4.10%): Stock declines despite ₹1 lakh crore non-binding MoU with Chhattisgarh government, as long execution timeline and uncertainty weigh on near-term outlook.
Infosys (-1.57%): Stock is falling due to negative market sentiment, despite announcing an AI collaboration with Cognition, as investors remain cautious ahead of Q3 October–December 2025 earnings announcement scheduled January 14
Gland Pharma (-0.80%): Stock slipped marginally despite receiving USFDA approval for Olopatadine Hydrochloride Ophthalmic Solution USP 0.7% (OTC).
🏢 Sectoral Performance
Metal | Nifty Metal (-3.40%): Index fell sharply with all constituents in the red, led by declines in Hindalco Industries, JSW Steel, and Vedanta, amid profit booking and weak global base metal prices.
Oil & Gas | Nifty Oil & Gas (-2.84%): Index declined with all constituents in the red, led by heavy selling in Reliance Industries, ONGC, and BPCL, extending losses for the fourth straight session.
PSU Banks | Nifty PSU Bank (-2.08%): Sector is down today with all constituents in the red, as profit booking after a strong rally and broader market weakness weigh on PSU banking stocks.
IT | Nifty IT (-1.99%): Index is lower today, led by heavy selling in Tata Consultancy Services, Infosys, and Tech Mahindra, amid weak global tech cues and cautious sentiment ahead of IT earnings announcements.
🔍 Market Insights
Technical Level: Nifty opened with a minor gap down and extended its lower-low trend from the morning session to the close, facing resistance near 26,130 and finding support around 25,858 before stabilising.
Advance-Decline Ratio: Declines dominated the session with 2,625 stocks falling versus 545 advancing, reflecting broad-based selling pressure across the market.
The Big Picture: US seized a Russian-flagged tanker linked to Venezuelan oil after a two-week Atlantic pursuit near Iceland, enforcing sanctions. Coast Guard led operation, briefly supported by US forces, marking a rare seizure of a Russian-flagged vessel.
FII/DII Activity (Jan 7, 2026): Strong DII buying of ₹2,889 crore offset FII selling worth ₹1,528 crore, reflecting cautious market positioning.
🔮 Watch Out For Tomorrow
Earning Corner: Bharat Coking Coal IPOs is set to Open tomorrow, offering investors fresh opportunities.
Macro: China Inflation Rate YoY (Dec) & USA Unemployment Rate (Dec) are scheduled for release tomorrow, likely influencing global market sentiment.
Index Watch: Market opened lower and formed a lower low through the session, dragging Nifty below 26,000. The index fell nearly 264 points as ~70% stocks declined, pushing markets into uncertainty - will Nifty reclaim 26k this week or extend the lower-low trend?
Will tomorrow’s opening be a gap-up or gap-down?
Comment your view below.
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Theme: Risk Management for Active Traders
Day 3 – Risk–Reward Ratio Explained
Risk–reward ratio compares potential loss to potential gain, helping traders stay profitable even with lower win rates through disciplined trade selection.
Example:
You buy Nifty at 22,000 with a stop-loss at 21,950 (risk 50 points). Your target is 22,150 (reward 150 points). Even if only 4 out of 10 trades succeed, you still remain profitable due to a 1:3 risk-reward setup.
📝 Word Of The Day
Slippage is the difference between the expected trade price and the actual execution price, usually caused by high volatility, low liquidity, or delayed order execution.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.