Indian stock market today closed higher as Nifty 50 and Sensex extended gains. Check post-market analysis, top gainers, FII DII data, and sector trends.
Indian Market Summary
The Indian stock market today (January 28, 2026) witnessed a strong rally for the second consecutive session, driven by optimism surrounding the India-EU Free Trade Agreement (FTA) and robust Q3 earnings. The Nifty 50 closed at 25,342.75 (+0.66%), while the Sensex ended at 82,344.68 (+0.60%). Broader markets outperformed, with Midcap and Smallcap indices surging over 1.5–2%.
Sectorally, Energy, Metals, and Defence stocks led the charge, supported by rising crude prices and expectations of higher capital outlay in the upcoming Union Budget. FMCG and Healthcare witnessed mild profit-booking. Investor sentiment remained bullish despite global caution ahead of the US Fed policy decision.
🔹 Benchmark Index Moves
| Index | Closing Level | Change (Pts) | % Change |
|---|---|---|---|
| Nifty 50 | 25,342.75 | +167.35 | +0.66% |
| Sensex | 82,344.68 | +487.20 | +0.60% |
| Bank Nifty | 59,598.80 | +370.20 | +0.62% |
| Nifty Midcap 100 | 58,439.00 | +955.00 | +1.66% |
| Nifty Smallcap 100 | 16,791.00 | +372.00 | +2.26% |
🔹 Top Gainers & Losers (Nifty 50)
🚀 Gainers
- Bharat Electronics (BEL): +9.21% (Strong Q3 earnings)
- ONGC: +8.32% (Crude surge + Samsung Heavy deal)
- Coal India: +5.01%
- Eternal: +4.91%
- Hindalco: +3.78%
📉 Losers
- Tata Consumer Products: -4.55%
- Asian Paints: -4.22%
- Maruti Suzuki: -2.39%
- Sun Pharma: -1.89%
- Max Healthcare: -1.59%
🔹 Global Markets Summary
- US Markets: Nasdaq showed resilience on AI-driven optimism, while Dow futures remained flat.
- Europe: Mixed trade as investors awaited Fed’s rate guidance.
- Asia: Nikkei, Hang Seng, and KOSPI closed higher, tracking Wall Street’s tech rally.
🔹 Latest News Highlights
- India-EU FTA to eliminate tariffs on 90% of Indian goods.
- BEL reported 20% YoY profit growth, net profit at ₹1,579 crore.
- Brent crude surged above $67/barrel, boosting ONGC & Oil India.
- Defence index jumped 7% ahead of Union Budget expectations.
- Motilal Oswal posted a 58% profit surge in Q3.
🔹 Stocks & Sectors in News
- Mahindra Logistics: +15.8% after Q3 profit turnaround.
- RVNL: +6.25% after winning ₹242.5 crore railway order.
- Suzlon Energy: +4% on securing 248.5 MW wind order.
- Sector Watch: Oil & Gas (+3.4%) and Metals (+2.3%) outperformed.
🔹 Key Topics & Upcoming Events
- Union Budget 2026: Market expects growth-supportive measures in Defence, Infra, and Renewables.
- US Fed Policy: Guidance on rate cuts critical for global sentiment.
- IPO Action:
- Accretion Nutraveda (SME) – Open till Jan 30
- Msafe Equipments (SME) – Open till Jan 30
- Kanishk Aluminium (SME) – Open till Jan 30
- Upcoming: CKK Retail Mart (Opens Jan 30)
🔹 India VIX & FII/DII Data
- India VIX: Fell 6.41% to 13.53, signaling reduced volatility and rising confidence.
- FII/DII Cash Market Activity (Jan 28):
- FII (Net): -₹3,068.49 Cr (Selling)
- DII (Net): +₹8,999.71 Cr (Buying)
DIIs continue to provide liquidity support, absorbing FII sell-offs. Compared to the past three sessions, FII selling has moderated, while DII inflows remain strong.
❓ FAQs (People Also Ask)
- Why did the Indian stock market rise today? Optimism over the India-EU FTA and strong Q3 earnings boosted sentiment.
- Which sectors gained the most? Energy, Metals, and Defence led the rally.
- Why did BEL stock surge? BEL posted a 20% YoY profit jump and has a ₹73,000 crore order book.
- What does falling India VIX mean? Lower volatility, reduced fear, and stable near-term outlook.
- Are FIIs buying or selling? FIIs remain net sellers, while DIIs are aggressively buying.
- What are the key triggers ahead? Union Budget 2026, US Fed policy, and upcoming IPOs.
- Is Nifty heading towards 25,500? Immediate resistance at 25,400; breakout could target 25,650.
Final Thoughts & Investment Perspective
The Indian market’s resilience remains noteworthy. Despite FII outflows and global uncertainty, domestic liquidity and strong earnings are driving momentum. Nifty has held support at 25,200, and a breakout above 25,400 could trigger a fresh rally toward 25,650.
However, with small-cap valuations stretched, investors should adopt a stock-specific approach. The upcoming Union Budget and Fed policy guidance will be crucial in shaping near-term trends. Overall, sentiment remains buy-on-dips with cautious optimism.
⚠️ Disclaimer
This report is for educational and informational purposes only. The author is not a SEBI-registered analyst. This does not constitute investment advice. Please consult your financial advisor before making investment decisions.
