Sensex & Nifty 50 Gain Up to 0.90 Per Cent, Midcap & Smallcap Indices Gain Up to 3.16 Per Cent

The Sensex advanced by 0.83 per cent to close at 76,532.96, while the Nifty 50 climbed 0.90 per cent, settling at 23,163.10.

Market Update at 3:30 PM: Indian equity markets ended with gains propelled by robust buying across broader indices. The Sensex advanced by 0.83 per cent to close at 76,532.96, while the Nifty 50 climbed 0.90 per cent, settling at 23,163.10.

Broader markets outperformed, with the Nifty Midcap 150 surging 2.43 per cent to 19,481.75, and the Nifty Smallcap 250 rallying 3.16 per cent to 15,613.35.

Volatility remained elevated as the India VIX edged up by 1.99 per cent to 18.56, indicating persistent market uncertainty.

Among sectoral indices, Nifty IT, Nifty Realty, and Nifty Media emerged as the top performers, climbing 2.62 per cent, 2.91 per cent, and 2.54 per cent, respectively. Conversely, Nifty FMCG, Nifty Oil & Gas, and Nifty PSU Bank were the worst-hit sectors, declining by 0.50 per cent, 0.61 per cent, and 0.77 per cent, respectively.

Within the Nifty 50, Shriram Finance, BEL, and Tata Motors led the gainers' list, rising 3.98 per cent, 3.72 per cent, and 3.65 per cent, respectively. On the other hand, ITC Hotels, Maruti, and Asian Paints were the biggest laggards, shedding 3.53 per cent, 1.41 per cent, and 0.81 per cent, respectively.

Market breadth remained firmly positive, with 2,311 stocks advancing against 528 stocks declining, underscoring strong buying interest across segments.

Market Update at 12:10 PM: Indian equity markets extended their morning gains, driven by strong buying interest across broader indices. The Sensex rose by 0.63 per cent, reaching 76,378.94, while the Nifty 50 advanced by 0.68 per cent, trading at 23,112.45.

Broader markets outperformed, with the Nifty Midcap 150 gaining 1.85 per cent to 19,370.50, and the Nifty Smallcap 250 surging 2.33 per cent to 15,487.00.

Volatility remained elevated as the India VIX climbed 3.00 per cent to 18.74, signaling heightened uncertainty in the market.

Among sectoral indices, Nifty Media, Nifty Auto, and Nifty IT were the top performers, rallying by 2.13 per cent, 1.79 per cent, and 1.70 per cent, respectively. On the other hand, Nifty FMCG, Nifty Consumer Durables, and Nifty Financial Services were the worst-hit sectors, declining by 0.83 per cent, 1.45 per cent, and 0.86 per cent, respectively.

Within the Nifty 50, Bajaj Auto, Shriram Finance, and BEL led the gainers' list, rising 3.19 per cent, 3.17 per cent, and 3.00 per cent, respectively. Conversely, ITC Hotels, Tata Consumer Products, and Britannia Industries were the biggest laggards, shedding 2.78 per cent, 0.94 per cent, and 0.87 per cent, respectively.

Market breadth remained positive, with 2,231 stocks advancing against 426 stocks declining, indicating strong buying momentum across segments.

Market Update at 9:30 AM: Indian equity markets commenced today's session on a positive note, buoyed by improving global cues. The Sensex edged up by 0.27 per cent, reaching 76,108.80, while the Nifty 50 advanced by 0.24 per cent, trading at 23,013.35.

The broader market also displayed strength, with the Nifty Midcap 150 gaining 1.19 per cent to 19,246.25, and the Nifty Smallcap 250 climbing 1.32 per cent to 15,334.35.

Meanwhile, volatility in the market increased, as reflected in the India VIX, which rose by 1.78 per cent to 18.52, indicating heightened market uncertainty.

Among sectoral indices, Nifty Media, Nifty IT, and Nifty Auto emerged as the Top Gainers, advancing by 1.84 per cent, 1.73 per cent, and 0.83 per cent, respectively. Conversely, Nifty FMCG, Nifty Consumer Durables, and Nifty Financial Services were the worst-performing sectors, declining by 0.60 per cent, 0.60 per cent, and 0.16 per cent, respectively.

Within the Nifty 50 index, Bajaj Auto, Hero MotoCorp, and Infosys led the gainers' list with gains of 4.13 per cent, 1.96 per cent, and 1.86 per cent, respectively. On the other hand, Tata Consumer Products, Britannia Industries, and Nestlé India were the biggest losers, shedding 1.90 per cent, 0.97 per cent, and 0.88 per cent, respectively.

The market breadth was largely positive, with 1,914 stocks advancing against 395 stocks declining, suggesting broad-based buying interest.

Market Update 8:15 AM: U.S. equities posted gains on Tuesday, rebounding from a technology-driven selloff. Nvidia and other AI-related tech stocks led the recovery, as investors took advantage of discounted valuations.

The Nasdaq surged by 2 per cent, with Nvidia jumping 8.9 per cent, recouping a portion of its prior day’s 17 per cent slump that had wiped approximately USD 593 billion off its market cap. The S&P 500 technology sector rose 3.6 per cent, the Dow Jones Industrial Average climbed 136.77 points (0.31 per cent) to close at 44,850.35. The S&P 500 advanced 55.42 points (0.92 per cent) to settle at 6,067.70.

Asian markets opened higher on Wednesday, tracking Wall Street’s technology-driven rebound, as market participants shifted their focus to the Federal Reserve's interest rate decision and upcoming earnings reports from major U.S. corporations.

The GIFT Nifty suggests a positive opening for Indian markets, with Nifty futures trading at 23,032.50 as of 7:20 AM IST.

The Indian equity market ended a two-session losing streak on January 28, gaining 0.5 per cent as auto, real estate, and financial sectors supported sentiment following liquidity-boosting measures from the RBI. At the close, the Sensex rose 535.24 points (0.71 per cent) to 75,901.41, while the Nifty gained 128.1 points (0.56 per cent) to finish at 22,957.25.

U.S. Treasury yields edged lower, with the 10-year yield dipping 22 basis points to 4.52 per cent, as bond traders speculated that Fed Chair Jerome Powell might hint at a potential rate cut in March.

The dollar index remained slightly higher, trading at 107.92 against major global currencies in early Wednesday activity.

WTI crude oil futures hovered around USD 73 per barrel, close to a two-week low. Concerns about potential demand disruptions persisted as President Donald Trump reaffirmed plans to impose tariffs on imported goods, including steel, aluminum, and copper.

Foreign Institutional Investors (FIIs) offloaded Indian equities worth Rs 4,920.69 crore on January 28, while Domestic Institutional Investors (DIIs) purchased equities worth Rs 6,814.33 crore, offering some support to the market.

No stocks are under the F&O ban today.

Disclaimer: The article is for informational purposes only and not investment advice.