Equity benchmarks extended gains from the previous session following India-EU trade agreement optimisim aided by supportive global cues that sparked fresh buying interest across the market. All eyes on Union Budget presentation on Feb 1, 2026.
Sensex traded 302.35 pts or 0.37 per cent positive at 82,159.83 at 12.34 pm, after rallying over 600 pts to 82,503.97 during the session. Nifty 50 traded 103.25 pts or 0.41 per cent higher at 25,278.65, hitting an intraday high of 25,372.10 (up 146 pts from day’s low).
Smallcap index outperformed with 1.5 per cent increase, while midcap rose by 0.84 per cent. On the sectoral front, oil & gas and metal indices surged 3 per cent, while FMCG declined 1 per cent. In addition, auto, pharma, and IT dipped, while all other indices traded in positive territory.
Top movers intraday
Among the Nifty 50 components, ONGC, Hindalco, Coal India, Eternal and Bharat Electronics led the gainers, while Tata Consumer Products, Asian Paints, Eicher Motors, Maruti and Infosys were major laggards.
Market breadth was firmly positive, with 3,142 stocks traded on the NSE, of which 2,271 advanced, 780 declined and 91 remained unchanged, while 61 stocks hit fresh 52-week highs against 133 that touched new 52-week lows; as many as 94 counters were locked in the upper circuit, compared with 38 in the lower circuit.
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Midcap stocks Motilal OFS, Oil India, National Aluminium, BDL and Cochin Shipyard zoomed 5-9 per cent, while Vishal Mega Mart, Bharti Hexacom, IDFC First Bank and Coromandel International fell 2-5 per cent.
Under the smallcap segment, Hindustan Copper, Data Patterns, Tejas Networks, IGIL and BEML rallied 7-13 per cent, while Radico, Aegis Vopak, IKS, Anant Raj and CreditAccess depreciated 2-4 per cent.
Published on January 28, 2026
