Nifty Smallcap 100 Edges Up in Early Trade on Jan 27, 2026 Amid Global Uncertainty

The Nifty Smallcap 100 index opened Tuesday’s session on a cautious note, influenced by global developments including new tariff measures announced by US President Donald Trump and anticipation of the US Federal Reserve’s policy decision. 

Despite the subdued start, the index edged higher in early trade, supported by selective stock gains within the small-cap space.

Nifty Smallcap 100 in Early Trade

At 9:40 AM, the Nifty Smallcap 100 index was trading at 16,388.7, registering a gain of 35.95 points or 0.22%. The index tracks the performance of the small-cap segment of the Indian equity market and serves as a key indicator of investor sentiment in emerging listed companies.

As of 30 September 2025, the index accounted for approximately 4.77% of the free-float market capitalisation of stocks listed on the National Stock Exchange.

Global Factors Shaping Market Sentiment

Early trade remained cautious following announcements by US President Donald Trump regarding additional tariffs on South Korea, alongside comments suggesting potential 100% tariffs on neighbouring Canada. These developments contributed to uncertainty across global markets.

Investors are also awaiting the US Federal Reserve’s policy decision scheduled for Wednesday. The central bank is widely expected to maintain current interest rates, but market participants remain attentive to forward guidance, which has influenced the restrained tone in risk assets.

Stocks Supporting the Index

Selective buying in a few stocks provided support to the small-cap index. MCX India traded at ₹2,408.00 and contributed positively to the index’s movement. Karur Vysya Bank also added support, trading at ₹287.80 in early deals.

Stocks Weighing on the Index

Some stocks witnessed selling pressure, limiting broader gains. IDBI Bank traded at ₹96.80 and exerted downward pressure on the index. Poonawalla Finance also weighed on sentiment, trading at ₹407.10 during early market hours.

Read more: Crude Oil Prices Ease on Jan 27, Despite US Winter Storm Disruptions.

Conclusion

The Nifty Smallcap 100 index traded marginally higher in early hours, balancing selective stock gains against global uncertainty and cautious investor positioning. With attention centred on international policy developments, market participants are likely to monitor global cues and stock-specific movements through the remainder of the session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.