Equity benchmarks traded marginally higher on Tuesday afternoon, with the Sensex down 5.80 points or 0.01 per cent at 81,531.90 and the Nifty up 30.85 points or 0.12 per cent at 25,079.50 as of 12:45 pm, as investors maintained a cautious stance ahead of the Union Budget on February 1 while monitoring global cues and corporate earnings.
The market opened on a mixed note, with the Sensex beginning the session at 81,436.79 against the previous close of 81,537.70, while the Nifty opened at 25,063.35 compared to the previous close of 25,048.65. Trading remained choppy through the morning session as participants weighed the impact of continued foreign institutional investor outflows against domestic institutional support.
Adani Enterprises led the gainers on the Nifty, surging 4.98 per cent to ₹1,957.10, followed by Axis Bank, which jumped 4.51 per cent to ₹1,314.70. Grasim Industries climbed 2.99 per cent to ₹2,841.60, while Adani Ports advanced 2.98 per cent to ₹1,347.40 and JSW Steel gained 2.84 per cent to ₹1,203.20.
On the losing side, Mahindra & Mahindra emerged as the top loser, declining 4.08 per cent to ₹3,398.70. Kotak Mahindra Bank fell 3.07 per cent to ₹409.80, while Eternal dropped 2.16 per cent to ₹253.10. Max Healthcare lost 1.90 per cent to ₹972.60 and Maruti Suzuki shed 1.82 per cent to ₹15,188.00.
Broader market indices showed weakness, with the Nifty Midcap 100 declining 0.19 per cent to 57,042.65 and the Nifty Smallcap 100 slipping 0.05 per cent to 16,336.05. The Nifty Next 50 edged down 0.03 per cent to 66,241.20.
Market breadth remained negative, with 2,380 stocks declining against 1,724 advances on the BSE, while 187 stocks remained unchanged. A total of 65 stocks hit 52-week highs while 576 touched 52-week lows. Additionally, 157 stocks traded in the upper circuit and 202 in the lower circuit.
Sectoral performance was mixed, with the Nifty Financial Services index rising 0.31 per cent to 26,903.25 and the Nifty Bank index gaining 0.24 per cent to 58,611.05, providing support to the benchmarks.
Published on January 27, 2026
