The Sensex and Nifty news flow on Thursday, January 29, reflected a steady, confidence-led market session rather than a flashy rally. For the third straight day, headline indices moved higher, quietly absorbing key macro cues while staying cautious about global risks.
The trigger this time was the Economic Survey 2026, which reassured markets about India’s growth resilience even as global geopolitical tensions continue to simmer.
By the closing bell, benchmarks stayed firm, though the broader market showed clear signs of fatigue.
Market Performance: Sensex, Nifty Extend Gains for Third Session
Indian equities ended higher, continuing their gradual upward march.
- Sensex rose 222 points, or 0.27%, to close at 82,566.37
- Nifty 50 gained 76 points, or 0.30%, ending at 25,418.90
Both benchmarks extended their winning streak, closing higher for the third session in a row.
Over the last three trading days:
- Sensex has added over 1,000 points, nearly 1.3%
- Nifty 50 has climbed around 1.5%
However, the strength remained limited to large-cap stocks.
Broader Market Lags Behind Headline Indices
While frontline indices advanced, mid and small-cap stocks did not fully participate.
- BSE 150 Midcap index edged up just 0.10%
- BSE 250 Smallcap index slipped 0.19%
This divergence highlighted a cautious undertone beneath the surface, with investors preferring stability over risk.
Why the Market Moved Up Today?
The tone was set early by the Economic Survey 2026, which painted a stable picture of India’s economic fundamentals.
Key sentiment drivers included:
- Positive growth-inflation outlook
- Confidence in domestic economic resilience
- Supportive global cues earlier in the session
At the same time, gains stayed capped due to ongoing global geopolitical concerns, keeping aggressive buying in check.
Top Gainers in the Nifty 50
A handful of heavyweight stocks drove index gains.
The top performers included:
- Tata Steel: up 4.49%
- Larsen & Toubro: up 3.80%
- Axis Bank: up 3.42%
Strength in these names helped Nifty maintain levels above 25,400.
Top Losers in the Nifty 50
Not all stocks shared the optimism.
The notable laggards were:
- Asian Paints: down 3.85%
- InterGlobe Aviation: down 2.71%
- SBI Life Insurance Company: down 2.69%
Selling pressure was visible in select consumption and insurance stocks.
Sectoral Performance: Metals Shine, Defensives Drag
Sectoral moves remained sharply divided.
Top performing sectors:
- Nifty Metal: up 3.07%
- Private Bank: up 1%
- Realty: up 0.67%
- Financial Services: up 0.64%
The Nifty Bank index rose 0.60%, closing at 59,957.85, offering steady support to the broader market.
Sectors ending in the red:
- Healthcare: down 0.96%
- FMCG: down 0.91%
- Pharma: down 0.81%
- PSU Bank: down 0.79%
- IT: down 0.76%
- Auto: down 0.68%
Defensive sectors saw profit-taking after recent moves.
Most Active Stocks by Trading Volume
Activity in select counters stood out during the session.
- Vodafone Idea: 67.9 crore shares
- Tata Gold ETF: 58 crore shares
- Tata Silver ETF: 47.5 crore shares
High volumes pointed to continued interest in both telecom and precious metal-linked instruments.
Market Breadth: Decliners Outnumber Advancers
Despite gains in benchmarks, overall market breadth remained weak.
- Over 1,700 stocks advanced
- More than 2,500 stocks declined on the BSE
This skew underlined selective buying rather than broad-based participation.
Sharp Movers: Stocks That Saw Big Swings
Price action remained volatile in the broader space.
- 19 stocks jumped over 15% on the BSE
Some names included Hindustan Copper, Cubex Tubings, Panorama Studios International, Paras Petrofils, Jinkushal Industries, Dredging Corporation of India, STEL Holdings, and TCC Concept.
52-Week Highs and Lows: A Mixed Picture
Fresh price extremes were visible across the market.
- 107 stocks hit 52-week highs, including SBI, Tata Steel, and Tech Mahindra
- 273 stocks touched 52-week lows, with names like Havells India, Procter & Gamble Hygiene and Health Care, Exide Industries, Emami, and Jyothy Labs
This contrast reflected uneven momentum across sectors.
Summary: Sensex and Nifty News in One View
Thursday’s Sensex and Nifty news tells a familiar story of stability over speculation.
Large-cap indices continued their upward drift, supported by macro confidence and selective buying. At the same time, weaker breadth and underperformance in mid and small caps highlighted investor caution.
The market closed higher—but measured, watchful, and far from euphoric.
Source: Livemint
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