Motilal Oswal Global Dashboard – January 2026

The Motilal Oswal Global Market Snapshot provides a quick glance at index performances and economy updates from the Indian & global markets.

Click here to view the detailed report for January 2026

Indian Market Update

• Nifty 50 was down 3.1%, while Midcap and Smallcap fell 3.5% and 5.5%, Respectively, reflecting pressure in the broader market.
• Among sectors, Metals and Defence recorded gains of ~6%. FMCG, Realty and Consumer Durables saw declines in the range of 6%-11%over the month.
• Value continued its positive run with a 2.4% gain, while Momentum, Low Vol and Quality ended lower in January.
• Nifty 500 declined 3.3% in January. Commodities was the only positive Contributor, while all other sectors contributed negatively and dragged the Nifty 500 lower.

Global Market Update

• US equities ended higher in January. Nasdaq 100 and Dow Jones gained around 1.2% and 1.7%.
• S&P 500 rose 1.4%. Communication Services and Industrials contributed positively to index gains, while Financials and IT dragged the index lower.
• In emerging markets, Korea and Brazil rose sharply by 28.1% and 16.7%. In developed markets, Japan and the UK gained 6.6%and 5.1%.
• Gold (+14.1%) and Silver (+43.3%) recorded positive returns, while Bitcoin and Ethereum declined by ~5%in January.

Economic Indicators

• India: CPI inflation stayed low but edged up to 1.33% in Jan. The 10 year G-sec yield moved up to 6.70% indicating a mild uptick in market rates even as policy rates remained unchanged.
• Domestic activity stayed resilient with Composite PMI at 59.5 and GST collections strengthening to ₹1.93 lakh.
• United States: CPI inflation eased to 2.70% in Jan, with the Fed funds target at 3.75% and 10 year Treasury yields around 4.26%.

Disclaimer: This has been issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact. The stocks/sectors mentioned herein is for explaining the concept and shall not be construed as an investment advice to any party. The information / data herein alone is not sufficient and shouldn’t be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, estimates and data included in this material are as on date. This content does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible/liable for any decision taken on the basis of this article. Past performance may or may not be sustained in future and is not a guarantee of any future returns.

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