The Nifty 50 is anticipated to experience cautious yet potentially positive trading on Monday, January 19, 2026, according to analysis from ET Now and other financial experts. The market sentiment is largely boosted by better-than-expected third-quarter earnings, particularly from the Information Technology sector, with companies like Infosys, HCLTech, and TCS reporting strong results. PSU banks have also contributed to this positive momentum. On January 16, 2026, the Nifty 50 concluded the trading session at 25,694.35, while the BSE Sensex closed at 83,570.35. Experts indicate that the Nifty is currently in a consolidation phase, with a crucial resistance point at 25,900. A decisive breach above this level could ignite a fresh short-covering rally, potentially pushing the index towards 26,100. Conversely, immediate support levels are identified around the 25,600 mark, which includes the 100-Day Exponential Moving Average (DEMA), and further support between 25,470 and 25,500. A sustained move below these support zones could trigger further downside in the market. Despite continued selling by Foreign Institutional Investors (FIIs), consistent buying support from Domestic Institutional Investors (DIIs) and a relatively low India VIX (volatility index) are expected to cushion potential downsides, suggesting a range-bound market with stock-specific action. Traders are advised to monitor global cues and upcoming earnings announcements from heavyweight companies like Reliance Industries, HDFC Bank, and ICICI Bank, which could influence the market's direction.