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Why is Zomato (Eternal) stock in focus today? Deepinder Goyal steps down. Check Nifty 50 prediction for Jan 22, 2026, Q3 results of IndiGo & Bank of India, and FII/DII data. Read the full market setup for today’s weekly expiry.
Stock Market Today Jan 22 2026, Zomato CEO Resigns Deepinder Goyal, Eternal Share Price, Nifty 50 Prediction Today, Bank Nifty Expiry Levels, IndiGo Q3 Results Date, FII DII Data Jan 2026, Best Stocks to Buy Today India.
1. Market Snapshot: The Calm Before the Storm?
Date: Thursday, January 22, 2026
Event: Weekly F&O Expiry
Sentiment: Bearish / Highly Volatile
Good morning, investors! If you are watching the screen today, fasten your seatbelts. Today is not just a regular Thursday expiry; it is a collision of major corporate shocks, weak global cues, and critical technical breakdowns.
Yesterday (Jan 21), the Nifty 50 closed below the psychological 25,200 mark, slipping 75 points. The bears are clearly in control as the index has breached its 200-Day Moving Average (DMA) intraday, a signal that often screams “Trend Reversal.”
But the biggest news comes from the corporate world: Deepinder Goyal is stepping down as CEO of Eternal (formerly Zomato).
Let’s dive deep into what this means for your portfolio and how you should trade today.
2. The Big Story: Deepinder Goyal Steps Down (Zomato/Eternal)
In a shocking late-night development, Deepinder Goyal, the visionary founder of Zomato (now Eternal), has announced his resignation as CEO effective February 1, 2026. He will move to the role of Vice Chairman, handing over the reins to Albinder Dhindsa (currently leading Blinkit).
Why is this Viral?
- Zomato has been a multibagger for many retail investors.
- Deepinder Goyal is the face of the brand. His exit from the day-to-day CEO role creates uncertainty.
- Market Reaction Expected: The stock (Ticker: ETERNAL) is expected to open gap-down or see heavy volatility. Investors hate uncertainty in leadership.
What Should You Do?
If you hold Eternal, do not panic sell in the first 15 minutes. Wait for the management commentary. Albinder Dhindsa has successfully scaled Blinkit, so the long-term story remains intact. However, for intraday traders, this is a “Short” opportunity if it breaks yesterday’s low.
3. Nifty & Bank Nifty: Technical Setup for Expiry
Today is the weekly expiry of Nifty 50 contracts. The data suggests a tug-of-war between 25,000 Support and 25,300 Resistance.
Nifty 50 Analysis
- Current Level: 25,157 (Approx close)
- Trend: Bearish (Lower Highs, Lower Lows)
- Key Resistance: 25,270 – 25,360 (Sell zone)
- Key Support: 25,000 (Psychological Level)
Strategy:
Since Nifty is trading below the 200-DMA, the texture is “Sell on Rise.” If Nifty opens flat and rallies to 25,250, look for rejection candles to initiate a Put Option (PE) trade. A breakdown below 25,000 could trigger panic selling towards 24,800.
Bank Nifty Analysis
- Current Level: 58,800
- Trend: Weak but oversold
- Critical Level: 58,500
The Bank Nifty has formed a bearish candle. If it breaks 58,500 decisively today, we could see a slide of 400-500 points. However, if HDFC Bank shows strength, a short-covering rally towards 59,200 is possible.
4. Stocks in News: Who is Reporting Earnings Today?
The Q3 Earnings season is in full swing. Here are the stocks you must track today (Jan 22, 2026):
A. IndiGo (InterGlobe Aviation)
- Expectation: Results will be announced today.
- Focus: Watch for management commentary on the recent “flight disruptions” and “pilot fog issues” that plagued December. Any dip in margins due to operational costs will be punished by the market.
B. Bank of India & PNB Housing
- PSU Banks have been correcting. Bank of India’s results today will decide the mood for the entire PSU basket.
C. HPCL (Hindustan Petroleum)
- News: Reported a massive 57% jump in Net Profit yesterday evening.
- Impact: Expect a Gap Up opening today. This stock could be the “Bull of the Day.”
D. KEI Industries
- Strong Q3 numbers with 42% profit growth. A strong buy candidate for long-term portfolios.
5. Global Cues: The “Trump Tariff” Fear
Global markets are currently nervous.
- US Markets: The Dow Jones and Nasdaq closed lower yesterday.
- Reason: US President Donald Trump has renewed threats of tariffs on European nations and is aggressively pushing the “Greenland Deal.” This geopolitical noise is causing Foreign Investors (FIIs) to pull money out of emerging markets like India.
- Gift Nifty: Trading marginally higher (+20 pts), suggesting a flat-to-tepid start.
6. FII vs DII Data: The Selling Streak Continues
The institutional data from Jan 21 paints a clear picture:
- FIIs (Foreign Investors): SOLD ₹1,787 Crores. (Bearish)
- DIIs (Domestic Investors): BOUGHT ₹4,520 Crores. (Bullish support)
Interpretation:
FIIs have been net sellers for 10+ consecutive days. Until this number turns positive, any rally in the market will be sold into. DIIs are the only ones holding the market from a crash.
7. Actionable Trading Plan for Today (Jan 22)
If you are an intraday trader, here is your cheat sheet:
| Scenario | Strategy | Target (Nifty) | Stop Loss |
| Gap Up Opening (25,250+) | Wait for resistance, then BUY PUT (PE) | 25,150 | 25,300 |
| Flat Opening (25,150) | Watch 25,100 level. If broken, BUY PUT | 25,000 | 25,200 |
| Gap Down (Below 25,050) | Wait for pullback to 25,100, then SELL | 24,900 | 25,150 |
| Hero-Zero Trade (2:30 PM) | If Nifty is near 25,000, buy 25,000 CE | 25,100 | Zero |
Warning: Today is expiry. Option premiums will decay very fast (Theta Decay). Trade with strict stop losses.
Conclusion
Today, January 22, 2026, is a test of patience. The resignation of Zomato’s CEO adds a layer of corporate drama to an already weak technical market.
For Nexyraa readers:
- Keep an eye on Eternal (Zomato) for volatility.
- Watch HPCL for bullish momentum.
- Stay cautious on Banking Stocks.
Market is supreme. Respect the levels.
Important Links (Check these before trading):
- NSE India Live Market: https://www.nseindia.com
- IndiGo Investor Relations: https://www.goindigo.in
- Moneycontrol Earnings Calendar: https://www.moneycontrol.com
