Closing Bell: Markets retreat after 3-day rally; Nifty below 25,300, Sensex falls 250 pts

Indian benchmark indices snapped 3-day gaining streak and ended lower with Nifty below 25,350 on January 30. At close, the Sensex was down 296.59 points or 0.36 percent at 82,269.78, and the Nifty was down 98.25 points or 0.39 percent at 25,320.65.

With that, we wrap up today’s edition of the Moneycontrol live market blog. We’ll be back on Sunday morning—Union Budget day—with all the latest updates and instant alerts. Meanwhile, stay tuned to global market action at https://www.moneycontrol.com/markets/global-indices

Markets traded with a downside bias on Friday and ended lower, weighed down by mixed global cues and caution ahead of the Union Budget. The Nifty opened with a downside gap and remained range-bound throughout the session, eventually settling at the 25,320 level, down by 0.39%. Sectoral trends were mixed, as metals witnessed sharp profit booking after the recent surge, while IT and financials also edged lower. In contrast, FMCG, auto and realty stocks closed in the green. Broader indices traded choppily and ended flat to marginally lower, reflecting a cautious, risk-off undertone across the market.

Market sentiment remained subdued amid lingering concerns over geopolitical tensions and global trade developments. Uncertainty ahead of the Union Budget, coupled with continued weakness in the Indian rupee, further added to the negative bias and kept participants on the sidelines.

Our view on the Nifty remains unchanged. Sustenance above the 25,350 level could result in a further rebound towards the 25,600 zone, while a decisive break below the long-term moving average, the 200 DEMA around 25,150, may derail the recovery and drag the index towards the 24,750–24,900 zone. With all eyes on the Union Budget, we expect heightened volatility during the special trading session on Sunday and suggest preferring a hedged approach.

Benchmark indices Sensex and Nifty recovered sharply from early losses on January 30 after a gap-down opening, supported by value buying and positive cues from the Economic Survey.

Buying interest was seen in defensive and consumption-heavy stocks, with Apollo Hospitals, Tata Consumer Products, Nestle, Dr Reddy’s Laboratories and ITC emerging as top gainers in the Nifty pack.

Sentiment improved after the Economic Survey projected India’s GDP growth at 6.8–7.2 percent in FY27, underpinned by strong domestic demand and steady capital expenditure. Note that low inflation and resilient credit growth could support double-digit nominal GDP growth and healthy earnings expansion over the medium term.

Markets also drew comfort from a moderation in foreign portfolio investor outflows over the past two sessions, suggesting a possible shift in FPI strategy. In addition, expectations of value buying ahead of the Union Budget on February 1 supported sentiment, with investors positioning for announcements favouring infrastructure, defence, manufacturing, renewables and consumption.

From a technical perspective, key support for the Nifty remains in the 25,000–25,050 zone, while a sustained move above 25,450 would be required to extend the ongoing pullback rally.

The Indian market posted weekly gains, led by recovery across market cap. The BSE midcap and the small cap indices outperformed the larger peers. BSE Metals (commodity rally), capital goods (budget expectation) and Oil & Gas (rise in oil price) were the major gainers in this week, whereas BSE Auto index (reacted to India EU FTA) witnessed correction.

The INR (vs USD) that has been weakening in recent weeks, hit fresh record lows this week. Oil prices have been climbing sharply in this week — with Brent crude and WTI hitting multi-month highs on rising geopolitical risk. From India’s perspective, sharp increase in oil prices can fuel inflation, put pressure on currency and widen the current account deficit.

The Indian market witnessed a decent Q3FY26 earnings season, with aggregate earnings marginally ahead of expectations until now. FII continues to sell Indian equities with net selling in cash market in Jan 2026 (till date) crossing Rs 40,000 crore.

Global equity markets priced in weakening of the Dollar index, the US Fed keeping policy rates unchanged, increased geopolitical tensions, and a sharp increase in gold and silver prices. In the coming week, Union Budget, commodity price movement, geo-political developments, currency movements, Q3FY26 results & management commentary and FII activity will influence the Indian equity market.

Nifty opened on a weak note and spent most of the session in a narrow, sideways range. The index found strong intraday support twice in the 25220–25210 zone and staged a smart recovery towards the last hour. However, it closed the day at 25,321, down 0.39% for the day. After bouncing off its 200-day EMA in the previous session, Nifty failed to see meaningful follow-through and ended the day trading inside the prior day’s range.

On the sectoral front, Nifty Media ended the day as the top gainer with gains of 1.85%. Nifty Defence also saw gains of 1.43%. On the other hand, Nifty Metal closed over 5% lower and ended the day as a top sectoral loser, followed by Capital Markets, which lost nearly 1.89%. With regards to stocks, Nestle India & Tata Consumer emerged as the top stock gainers amongst the Nifty pack while Hindalco and Tata Steel emerged as the top two losers.

The Midcap index quickly shrugged off its initial weakness and filled the intraday gap early in the session. However, strong resistance in the 58,650–58,600 zone led to renewed selling pressure. The index eventually closed at 58,432, down 0.19%, indicating supply emerging at higher levels. Smallcaps relatively outperformed the Midcap index. After a weak start, the index recovered swiftly and closed 0.32% higher at 16,879. Despite the strong intraday recovery, the index continues to trade below its key short- and long-term moving averages, suggesting that the broader trend remains cautious.

The advance-decline ratio was however, skewed in the favour of bulls at day’s close. A total of 328 stocks out of the Nifty 500 universe ended in the green.

Nifty View

Going ahead, the immediate resistance for Nifty is placed in the 25,450–25,500 zone, with the Index failing to decisively close above this zone after attempting twice in the last six sessions. A decisive breakout above this zone could result in Nifty extending its pullback towards 25,650, followed by 25,800 in the near term. On the downside, the 200-day EMA zone of 25,200–25,150 zone is likely to act as a strong support.

Bank Nifty View

Bank Nifty largely mirrored Nifty’s price action. The index opened weak and traded sideways for most of the session before finding strong intraday support around the 59,550–59,500 zone. A late-session recovery helped it close at 59,610, down 0.58%. Overall, the price action remained range-bound, reflecting a lack of fresh directional triggers.

For Bank Nifty, the immediate resistance is placed in the 60,000–60,100 zone, making it a crucial supply area to watch. Any sustained move above this zone could lead to Index continuing its up move on the upside towards 60,400, followed by 60,800 in the near term. On the downside, the 20-day EMA zone of 59,400–59,300 zone is likely to act as a strong support.

Today, the Indian equity markets ended on a weak note as multiple factors triggered broad based selling across sectors. The Sensex fell around 0.35% to close near 82,269, while the Nifty 50 declined 0.40% to about 25,320.

The fall was driven by profit-taking ahead of the Union Budget, sharp correction in commodities, and weak global cues, which together kept investor sentiment cautious. The biggest pressure came from commodities, especially metal stocks. The Nifty Metal index dropped nearly 5%. Copper prices corrected sharply after hitting record highs, with MCX copper falling 3% and global prices easing on profit booking, a stronger US dollar, and softer demand signals. Silver saw an even steeper fall of 8-10%, while zinc, aluminium, and nickel declined 3-4%. As a result, metal stocks like Hindustan Copper, NALCO, Hindustan Zinc, and Vedanta fell, reflecting a classic pullback after an overbought rally.

Global uncertainty further weighed on markets. Concerns around a possible US government shutdown and a cautious US Federal Reserve outlook added to risk aversion. Although the Fed kept rates unchanged, its commentary suggested limited scope for rate cuts in 2026, dampening sentiment for rate sensitive sectors.

Looking ahead, focus now shifts to the Union Budget on February 1. Selective opportunities may emerge post-budget, especially in sectors less exposed to commodity price swings.

Market records weekly gains despite a fall on Friday, Sensex & Nifty gain over 1% each

Broader markets outperform, Nifty Bank & midcap index rise over 2% each

Defence, capital market, realty & metal stocks gain the most, rise up to 9%

Indian equity markets remained volatile ahead of the Union Budget, with benchmark indices dragged lower by weakness in IT and metal stocks. The IT sector lagged due to global growth concerns and higher U.S. bond yields, while gold and silver declined amid a stronger dollar. Persistent FII selling and continued rupee depreciation kept market sentiment cautious.

With geopolitical risks and global tariff pressures rising, the Union Budget is keenly awaited for cues on growth support and fiscal discipline. Globally, although a deal to avert the latest U.S. government shutdown provided temporary relief, markets remain watchful ahead of the appointment of a new Fed Chair, as a more hawkish stance could tighten liquidity and weigh on emerging markets.

Indian rupee ended at day's low at 91.99 per dollar on Friday versus previous close of 91.95.

Indian benchmark indices snapped 3-day gaining streak and ended lower with Nifty below 25,350 on January 30.

At close, the Sensex was down 296.59 points or 0.36 percent at 82,269.78, and the Nifty was down 98.25 points or 0.39 percent at 25,320.65. About 2319 shares advanced, 1716 shares declined, and 149 shares unchanged.

Nifty Midcap index fell 0.2%, while smallcap index added 0.3%.

Hindalco, Tata Steel, Coal India, ONGC, ICICI Bank were among major losers on the Nifty, while gainers were Tata Consumer, Apollo Hospitals, Nestle, M&M, ITC.

Among sectors, metal index shed 5%, oil & gas, Bank, IT, Energy shed 0.5-1%, while pharma, media, consumer durables, FMCG rose 0.7-1.8%.

Greenpanel Industries Limited was quoting at Rs 217.90, down Rs 0.95, or 0.43 percent.

It has touched an intraday high of Rs 249.65 and an intraday low of Rs 214.80.

It was trading with volumes of 46,376 shares, compared to its five day average of 3,965 shares, an increase of 1,069.75 percent.

Sun Pharmaceutical Industries, Gail (India), Affle 3I, Bharat Dynamics, Belrise Industries, Delhivery, Finolex Industries, IDFC First Bank, R R Kabel, Studds Accessories, Fujiyama Power Systems, and ZEN Technologies will announce their quarterly numbers on January 31.

Insecticides India was quoting at Rs 590.10, down Rs 52.60, or 8.18 percent.

It has touched an intraday high of Rs 644.00 and an intraday low of Rs 583.60.

It was trading with volumes of 3,958 shares, compared to its five day average of 1,553 shares, an increase of 154.93 percent.

In the previous trading session, the share closed down 0.61 percent or Rs 3.95 at Rs 642.70.

The share touched a 52-week high of Rs 1,096.30 and a 52-week low of Rs 531.60 on 31 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 46.17 percent below its 52-week high and 11 percent above its 52-week low.

Market capitalisation stands at Rs 1,717.06 crore.

Motherson Sumi Wiring India was quoting at Rs 43.00, up Rs 0.86, or 2.04 percent.

It has touched an intraday high of Rs 43.10 and an intraday low of Rs 41.24.

It was trading with volumes of 253,464 shares, compared to its five day average of 410,728 shares, a decrease of -38.29 percent.

In the previous trading session, the share closed down 2.75 percent or Rs 1.19 at Rs 42.14.

The share touched a 52-week high of Rs 53.55 and a 52-week low of Rs 30.71 on 06 January, 2026 and 28 February, 2025, respectively.

Currently, the stock is trading 19.7 percent below its 52-week high and 40.02 percent above its 52-week low.

Market capitalisation stands at Rs 28,516.15 crore.

Silver has exhibited a remarkable rally over the past year, with prices in India rising from around ₹1.5–1.6 lakh per kg in early 2025 to above ₹4 lakh per kg by late January 2026 — implying a ~165–170% gain over the last 12 months and strong continuation into the current year as prices reached record levels above ₹4 lakh per kg on 29 January 2026. This reflects a blend of safe-haven demand, tight supply and structurally rising industrial consumption across solar, electronics and manufacturing, which is particularly relevant to India’s growth story. However, silver remains a volatile metal, with historical annualised volatility often in the 25–35% range, higher than gold, and the sharp run-up increases the risk of near-term corrections.

From an investment perspective, we recommend calibrated, staggered allocations rather than lump-sum deployment to manage entry-point risk while retaining exposure to silver’s longer-term structural drivers.

Ajanta Pharma was quoting at Rs 2,792.55, up Rs 97.80, or 3.63 percent.

It has touched an intraday high of Rs 2,802.55 and an intraday low of Rs 2,686.65.

It was trading with volumes of 2,446 shares, compared to its five day average of 1,933 shares, an increase of 26.53 percent.

In the previous trading session, the share closed down 0.82 percent or Rs 22.40 at Rs 2,694.75.

The share touched a 52-week high of Rs 3,065.45 and a 52-week low of Rs 2,022.05 on 03 February, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 8.9 percent below its 52-week high and 38.1 percent above its 52-week low.

Market capitalisation stands at Rs 34,882.33 crore.

Bank Nifty has reclaimed its falling trendline breakout zone and is now sustaining above its short-term 20-day and 50-day moving averages, indicating improving price structure. Momentum indicators are also supportive, with RSI witnessing a bullish crossover, suggesting strengthening upside bias. However, on the derivatives front, the 60000 strike holds the highest open interest from both call and put writers, making it a crucial pivot level. Being a high-beta index, volatility is expected, with support placed at 59000 and resistance near 60400 levels.

National Aluminium Company was quoting at Rs 387.00, down Rs 41.95, or 9.78 percent.

It has touched an intraday high of Rs 416.00 and an intraday low of Rs 385.65.

It was trading with volumes of 3,382,341 shares, compared to its five day average of 1,724,090 shares, an increase of 96.18 percent.

In the previous trading session, the share closed up 5.60 percent or Rs 22.75 at Rs 428.95.

The share touched a 52-week high of Rs 431.60 and a 52-week low of Rs 140.00 on 29 January, 2026 and 07 April, 2025, respectively.

Currently, the stock is trading 10.33 percent below its 52-week high and 176.43 percent above its 52-week low.

Market capitalisation stands at Rs 71,077.65 crore.

The Sensex was down 304.51 points or 0.37 percent at 82,261.86, and the Nifty was down 103.70 points or 0.41 percent at 25,315.20. About 2210 shares advanced, 1636 shares declined, and 139 shares unchanged.

#1 Q3 EBITDA in-line, PAT miss due to labour code exceptional

#2 Cooling products sales up 9 percent YoY, EMP down 18 percent

The Indian policy makers (both government and the RBI) have already implemented measures like personal income tax cut, gst rationalisation, 8th pay commission and interest rate cut to boost consumption and economic activity. We believe the government will stick to its fiscal consolidation plan in the upcoming budget and may not have enough room for any additional measures. Hence, the budget is likely to be more of a BAU and may not have any Big Bang announcement.

Spot gold surged to a fresh all-time high of $5,597/oz on Thursday, while silver also touched a new peak at $121.6/oz, amid weaker dollar and lingering geopolitical risks. However, bullion prices saw a sharp reversal, with gold sliding toward $5,100/oz and silver toward $108/oz on profit-taking, compounded by a broader sell-off across global markets. The session was highly volatile, with both metals rebounding from intraday lows to close at $5,375/oz and $115.7/oz, respectively. Today, gold slipped below $5,100/oz and silver dipped below $105/oz amid continued profit-taking and reports of President Trump's imminent nomination of inflation hawk Kevin Warsh as next Fed chair tonight. Coupled with this, Trump and Senate Democrats reached a tentative deal to avoid a US government shutdown, weighing on haven assets.

WTI crude oil climbed to a five-month high of $66.48/bbl, supported by rising concerns over potential supply disruptions should the U.S. launch a military strike on Iran. Renewed threats from President Trump have heightened geopolitical risk, with possible Iranian retaliation extending to disruptions in shipping through the Strait of Hormuz, a key chokepoint that accounts for roughly one-fifth of global crude oil flows. However, oil prices retreated below $64/bbl today amid a broader risk-off tone in global markets and a rebound in the U.S. dollar. Still, prompt WTI spreads remain supportive, with March futures trading at a 40-cent premium to April, maintaining a bullish backwardation structure that signals tighter near-term supply.

Epigral was quoting at Rs 1,061.15, up Rs 31.65, or 3.07 percent.

It has touched a 52-week low of Rs 997.70.

It has touched an intraday high of Rs 1,064 and an intraday low of Rs 997.70.

It was trading with volumes of 4,747 shares, compared to its five day average of 2,216 shares, an increase of 114.18 percent.

#1 Consumption growth of 25 percent YoY, rental income up 13 percent YoY

#2 Legacy mall & office turnaround key drivers

Indian rupee is trading flat at 91.95 per dollar versus previous close of 91.95.

Ambuja Cements was quoting at Rs 526.20, down Rs 9.80, or 1.83 percent.

It has touched an intraday high of Rs 535.05 and an intraday low of Rs 519.60.

It was trading with volumes of 41,585 shares, compared to its five day average of 579,635 shares, a decrease of -92.83 percent.

In the previous trading session, the share closed up 0.39 percent or Rs 2.10 at Rs 536.00.

The share touched a 52-week high of Rs 625.00 and a 52-week low of Rs 455.00 on 22 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 15.81 percent below its 52-week high and 15.65 percent above its 52-week low.

Market capitalisation stands at Rs 130,067.35 crore.

#1 Q3 in-line but underwhelming

#2 Only toothpaste and hair oil show strong growth

#3 FY27–28 growth estimates cut due to portfolio issues

Nestle India was quoting at Rs 1,287.35, down Rs 0.40, or 0.03 percent.

It has touched an intraday high of Rs 1,331.95 and an intraday low of Rs 1,281.95.

It was trading with volumes of 89,345 shares, compared to its five day average of 21,597 shares, an increase of 313.69 percent.

In the previous trading session, the share closed down 0.38 percent or Rs 4.95 at Rs 1,287.75.

The share touched a 52-week high of Rs 1,333.20 and a 52-week low of Rs 1,057.50 on 07 January, 2026 and 05 March, 2025, respectively.

Currently, the stock is trading 3.44 percent below its 52-week high and 21.74 percent above its 52-week low.

Market capitalisation stands at Rs 248,241.54 crore.

Exide Industries was quoting at Rs 324.05, up Rs 3.40, or 1.06 percent.

It has touched an intraday high of Rs 325.50 and an intraday low of Rs 315.45.

It was trading with volumes of 118,341 shares, compared to its five day average of 354,679 shares, a decrease of -66.63 percent.

In the previous trading session, the share closed down 0.16 percent or Rs 0.50 at Rs 320.65.

The share touched a 52-week high of Rs 430.85 and a 52-week low of Rs 313.00 on 10 September, 2025 and 29 January, 2026, respectively.

Currently, the stock is trading 24.79 percent below its 52-week high and 3.53 percent above its 52-week low.

Market capitalisation stands at Rs 27,544.25 crore.

Dr Lal PathLabs was quoting at Rs 1,397.25, up Rs 2.30, or 0.16 percent. It has touched an intraday high of Rs 1,414.55 and an intraday low of Rs 1,378.80. It was trading with volumes of 71,248 shares, compared to its five day average of 8,090 shares, an increase of 780.74 percent.

It was trading with volumes of 71,248 shares, compared to its thirty day average of 10,814 shares, an increase of 558.86 percent.

In the previous trading session, the share closed down 0.24 percent or Rs 3.35 at Rs 1,394.95.

The share touched a 52-week high of Rs 1,771.30 and a 52-week low of Rs 1,147.55 on 19 September, 2025 and 03 March, 2025, respectively. Currently, the stock is trading 21.12 percent below its 52-week high and 21.76 percent above its 52-week low. Market capitalisation stands at Rs 23,411.07 crore.

Happiest Minds Technologies announced a strategic partnership with IBSFINtech, a leading provider of Treasury and Trade Finance Management solutions. Through this

collaboration, Happiest Minds will act as a reseller of IBSFINtech’s award-winning platform and serve as the System Integration (SI) partner for implementation and ongoing support.

Happiest Minds Technologies was quoting at Rs 409.15, up Rs 5.95, or 1.48 percent.

It has touched a 52-week low of Rs 395.25.

It has touched an intraday high of Rs 410.00 and an intraday low of Rs 395.25.

It was trading with volumes of 10,909 shares, compared to its five day average of 31,327 shares, a decrease of -65.18 percent.

Indoco Remedies  announced final approval of the Company’s Abbreviated New Drug Application (ANDA) for Lacosamide Oral Solution USP, 10 mg/mL, to market, a generic equivalent to the reference listed drug (RLD), Vimpat Oral Solution, 10 mg/mL, of UCB, Inc. (UCB), from USFDA.

Lacosamide Oral Solution USP, 10 mg/mL, is bioequivalent and therapeutically equivalent to the reference listed drug, Vimpat Oral Solution, 10 mg/mL, of UCB, Inc. (UCB).

Solar Industries has bagged export orders worth Rs 830 crore for supply of defence products for International clients.

AIA Engineering was quoting at Rs 4,016.00, up Rs 10.20, or 0.25 percent.

It has touched an intraday high of Rs 4,076.90 and an intraday low of Rs 3,976.10.

It was trading with volumes of 148,788 shares, compared to its five day average of 6,812 shares, an increase of 2,084.27 percent.

In the previous trading session, the share closed up 2.75 percent or Rs 107.30 at Rs 4,005.80.

The share touched a 52-week high of Rs 4,170.00 and a 52-week low of Rs 3,000.60 on 08 January, 2026 and 28 August, 2025, respectively.

Currently, the stock is trading 3.69 percent below its 52-week high and 33.84 percent above its 52-week low.

Market capitalisation stands at Rs 37,477.46 crore.

#1 Stable income yields & equity AUM share gains

#2 SIP flow share moderated, gold & silver ETFs supporting AUM growth

#3 Market share gains key re-rating driver

Nippon Life India Asset Management was quoting at Rs 884.10, up Rs 24.15, or 2.81 percent.

It has touched an intraday high of Rs 919.30 and an intraday low of Rs 869.80.

It was trading with volumes of 179,295 shares, compared to its five day average of 33,525 shares, an increase of 434.81 percent.

#1 Q3 EBITDA beat, PAT miss due to labour code exceptional

#2 Adjusted PAT could have grown around 2 percent YoY

#3 EMP projects strong, cooling products flat

Blue Star was quoting at Rs 1,799.10, up Rs 67.85, or 3.92 percent.

It has touched an intraday high of Rs 1,810.20 and an intraday low of Rs 1,694.90.

It was trading with volumes of 34,406 shares, compared to its five day average of 28,987 shares, an increase of 18.69 percent.

NIIT was quoting at Rs 74.43, down Rs 1.47, or 1.94 percent.

It has touched an intraday high of Rs 77.28 and an intraday low of Rs 74.13.

It was trading with volumes of 7,018 shares, compared to its five day average of 20,968 shares, a decrease of -66.53 percent.

MOIL was quoting at Rs 356.45, down Rs 22.35, or 5.90 percent.

It has touched an intraday high of Rs 378.75 and an intraday low of Rs 353.75.

It was trading with volumes of 58,449 shares, compared to its five day average of 66,636 shares, a decrease of -12.29 percent.

In the previous trading session, the share closed up 3.45 percent or Rs 12.65 at Rs 378.80.

The share touched a 52-week high of Rs 405.50 and a 52-week low of Rs 281.55 on 10 June, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 12.1 percent below its 52-week high and 26.6 percent above its 52-week low.

Market capitalisation stands at Rs 7,253.23 crore.

The Sensex was down 457.50 points or 0.55 percent at 82,108.87, and the Nifty was down 149.55 points or 0.59 percent at 25,269.35. About 2183 shares advanced, 1563 shares declined, and 150 shares unchanged.

Genesys International Corporation was quoting at Rs 307.85, up Rs 11.60, or 3.92 percent.

It has touched an intraday high of Rs 310.80 and an intraday low of Rs 291.15.

It was trading with volumes of 21,593 shares, compared to its five day average of 86,860 shares, a decrease of -75.14 percent.

Strides Pharma Science was quoting at Rs 814.10, up Rs 5.15, or 0.64 percent.

It has touched an intraday high of Rs 836.30 and an intraday low of Rs 792.60.

It was trading with volumes of 30,257 shares, compared to its five day average of 33,518 shares, a decrease of -9.73 percent.

#1 Strong growth in food delivery continues

#2 Quick commerce growth moderation due to rational competitive strategy

#3 Rs 10,000 crore fundraise strengthens balance sheet

#4 Market ascribing limited value to quick commerce

#5 Execution toward profitability key for upside

Aegis Logistics was quoting at Rs 717.00, up Rs 19.15, or 2.74 percent. It has touched an intraday high of Rs 718.20 and an intraday low of Rs 688.50. It was trading with volumes of 20,626 shares, compared to its five day average of 17,694 shares, an increase of 16.57 percent.

In the previous trading session, the share closed down 0.87 percent or Rs 6.15 at Rs 697.85.

The share touched a 52-week high of Rs 946.50 and a 52-week low of Rs 639.50 on 20 May, 2025 and 27 January, 2026, respectively. Currently, the stock is trading 24.25 percent below its 52-week high and 12.12 percent above its 52-week low. Market capitalisation stands at Rs 25,166.70 crore.

Arvind was quoting at Rs 306.25, up Rs 8.70, or 2.92 percent.

It has touched an intraday high of Rs 318.20 and an intraday low of Rs 294.55.

It was trading with volumes of 52,288 shares, compared to its five day average of 26,514 shares, an increase of 97.21 percent.

PSP Projects was quoting at Rs 759.20, up Rs 1.20, or 0.16 percent.

It has touched an intraday high of Rs 803.95 and an intraday low of Rs 742.00.

It was trading with volumes of 8,393 shares, compared to its five day average of 3,855 shares, an increase of 117.71 percent.

In the previous trading session, the share closed down 0.88 percent or Rs 6.70 at Rs 758.00.

The share touched a 52-week high of Rs 1,030.80 and a 52-week low of Rs 607.05 on 14 November, 2025 and 19 February, 2025, respectively.

Currently, the stock is trading 26.35 percent below its 52-week high and 25.06 percent above its 52-week low.

Market capitalisation stands at Rs 3,009.60 crore.

Bajaj Auto, NTPC, Power Grid Corporation of India, Nestle India, Bank of Baroda, Meesho, Ajanta Pharma, Ambuja Cements, Ashoka Buildcon, Aster DM Healthcare, Antony Waste Handling Cell, Brigade Enterprises, Cholamandalam Investment and Finance Company, Exide Industries, Glenmark Pharmaceuticals, Jindal Steel, KEC International, Dr Lal PathLabs, LIC Housing Finance, National Aluminium Company, New India Assurance Company, Steel Authority of India, and Welspun Corp will release their quarterly earnings today.

#1 Q3FY26 sales up 1.4 percent, EBITDA down 2.7 percent

#2 Operating expenses continued to rise

#3 Early positive signs in core portfolio

#4 EBITDA estimates cut 5-7 percent for FY26-28

Colgate Palmolive (India) was quoting at Rs 2,104.60, down Rs 7.25, or 0.34 percent.

It has touched a 52-week low of Rs 2,030.75.

It has touched an intraday high of Rs 2,123.40 and an intraday low of Rs 2,030.75.

It was trading with volumes of 18,502 shares, compared to its five day average of 34,838 shares, a decrease of -46.89 percent.

#1 Gradual demand recovery expected, Q3 ahead of estimates

#2 Valuation fair at 14x FY27 EV/EBITDA

Bajaj Auto, NTPC, Power Grid Corporation of India, Nestle India, Bank of Baroda, Meesho, Ajanta Pharma, Ambuja Cements, Ashoka Buildcon, Aster DM Healthcare, Antony Waste Handling Cell, Brigade Enterprises, Cholamandalam Investment and Finance Company, Exide Industries, Glenmark Pharmaceuticals, Jindal Steel, KEC International, Dr Lal PathLabs, LIC Housing Finance, National Aluminium Company, New India Assurance Company, Steel Authority of India, and Welspun Corp will release their quarterly earnings today.

#1 Q3 revenue slightly below estimates, EBITDA beat driven by UCP margin improvement

#2 RAC pricing strategy to be dynamic, demand pickup and price hikes key catalysts

#1 Q3 ASP miss due to adverse mix, price hikes to offset cost pressures

#2 Key risks are slower economic recovery & IVECO FCF pressure

Tata Motors was quoting at Rs 459.35, down Rs 10.85, or 2.31 percent.

It has touched a 52-week high of Rs 485.

It has touched an intraday high of Rs 485 and an intraday low of Rs 449.80.

It was trading with volumes of 1,218,066 shares, compared to its five day average of 1,491,747 shares, a decrease of -18.35 percent.

Indian rupee is trading higher by 7 paise at 91.88 per dollar versus previous close of 91.95.

This Budget comes at a very crucial juncture as far as markets are concerned. Most investors will look to the budget for how it handles fiscal prudence while supporting sectors that are affected by the US tariffs. The most important area to watch will be the steps Finance Minister takes to attract durable FDI and FPI flows into the economy.

The Government has done a lot in the last year to stimulate domestic demand and to ensure India remains the fastest growing economy in its peer group. While consumption is showing signs of a pick-up, incentives to encourage private capex is one of the important expectations. Budget is expected to continue its focus on government capex and spending on Defence.

#1 Profit sinks 35.7 percent to Rs 85 crore Vs Rs 132.1 crore, YoY

#2 Revenue slips 1.1 percent to Rs 3,070.8 crore Vs Rs 3,105.1 crore, YoY

Voltas was quoting at Rs 1,325.05, down Rs 22.10, or 1.64 percent.

It has touched an intraday high of Rs 1,363.80 and an intraday low of Rs 1,280.40.

It was trading with volumes of 35,974 shares, compared to its five day average of 28,592 shares, an increase of 25.82 percent.

In the previous trading session, the share closed down 1.98 percent or Rs 27.25 at Rs 1,347.15.

The share touched a 52-week high of Rs 1,530 and a 52-week low of Rs 1,135.55 on 19 March, 2025 and 01 February, 2025, respectively.

Currently, the stock is trading 13.4 percent below its 52-week high and 16.69 percent above its 52-week low.

Market capitalisation stands at Rs 43,843.88 crore.

#1 Profit zooms 110.7 percent to Rs 102.8 crore Vs Rs 48.8 crore, YoY

#2 Revenue grows 45.4 percent to Rs 1,264.2 crore Vs Rs 869.7 crore, YoY

Syrma SGS Technology was quoting at Rs 763.25, up Rs 37.85, or 5.22 percent.

It has touched an intraday high of Rs 801.55 and an intraday low of Rs 742.45.

It was trading with volumes of 701,593 shares, compared to its five day average of 15,973 shares, an increase of 4,292.48 percent.

In the previous trading session, the share closed up 0.35 percent or Rs 2.55 at Rs 725.40.

The share touched a 52-week high of Rs 909.50 and a 52-week low of Rs 355.05 on 13 November, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 16.08 percent below its 52-week high and 114.97 percent above its 52-week low.

Market capitalisation stands at Rs 14,689.83 crore.

Brigade Group has signed an agreement to acquire a prime land parcel of 2.25 acres in Secunderabad. The project has an estimated Gross Development Value (GDV) of approximately Rs 650 crore.

Brigade Enterprises was quoting at Rs 735.50, up Rs 2.20, or 0.30 percent.

It has touched a 52-week low of Rs 710.80.

It has touched an intraday high of Rs 742.00 and an intraday low of Rs 710.80.

It was trading with volumes of 3,037 shares, compared to its five day average of 131,370 shares, a decrease of -97.69 percent.

Cochin Shipyard has bagged a order from Polestar Maritime Limited, for the construction of two Green Tugs of 60 T Bollard Pull Power under the Green Tug Transition Programme (GTTP) of the Ministry of Ports, Shipping and Waterways, Government of India. The Tugs are scheduled to be delivered in August, 2027 and September, 2027 respectively.

RailTel Corporation of India has received the Letter of Acceptance (LoA) of Rs 94,23,54,138 from Modern Coach Factory, Raebareli.

Railtel Corporation of India was quoting at Rs 351.40, up Rs 8.75, or 2.55 percent.

It has touched an intraday high of Rs 352.50 and an intraday low of Rs 335.50.

It was trading with volumes of 129,815 shares, compared to its five day average of 365,994 shares, a decrease of -64.53 percent.

#1 Profit grows 16.2 percent to Rs 107.6 crore Vs Rs 92.6 crore, YoY

#2 Revenue increases 6.6 percent to Rs 917 crore Vs Rs 860.5 crore, YoY

Usha Martin was quoting at Rs 409.00, up Rs 2.25, or 0.55 percent.

It has touched an intraday high of Rs 416.25 and an intraday low of Rs 403.05.

It was trading with volumes of 6,643 shares, compared to its five day average of 15,558 shares, a decrease of -57.30 percent.

#1 Profit spikes 117.3 percent to Rs 34.7 crore Vs Rs 15.96 crore, YoY

#2 Revenue soars 59.3 percent to Rs 278 crore Vs Rs 174.5 crore, YoY

MTAR Technologies was quoting at Rs 2,995.70, up Rs 254.75, or 9.29 percent.

It has touched a 52-week high of Rs 3,075.00.

It has touched an intraday high of Rs 3,075.00 and an intraday low of Rs 2,720.50.

It was trading with volumes of 125,336 shares, compared to its five day average of 13,418 shares, an increase of 834.10 percent.

#1 Loss stands at Rs 87.6 crore Vs profit of Rs 13.2 crore, YoY

#2 Gross premium written jumps 54.7 percent to Rs 2,231.3 crore Vs Rs 1,442.1 crore, YoY

#3 Net premium written zooms 53.3 percent to Rs 1,766.7 crore Vs Rs 1,152.4 crore, YoY

#4 Net premium earned soars 28 percent to Rs 1,453.6 crore Vs Rs 1,135.8 crore, YoY

#5 Operating loss stands at Rs 135.5 crore Vs profit of Rs 3.41 crore, YoY

#1 Profit falls 8.9 percent to Rs 333.9 crore Vs Rs 366.6 crore, YoY

#2 Revenue rises 4.5 percent to Rs 2,307.5 crore Vs Rs 2,208.3 crore, YoY

Container Corporation of India was quoting at Rs 503.85, up Rs 3.20, or 0.64 percent.

It has touched an intraday high of Rs 507.10 and an intraday low of Rs 486.30.

It was trading with volumes of 80,006 shares, compared to its five day average of 74,577 shares, an increase of 7.28 percent.

Sun Pharmaceutical Industries, Gail (India), Affle 3I, Bharat Dynamics, Belrise Industries, Delhivery, Finolex Industries, IDFC First Bank, R R Kabel, Studds Accessories, Fujiyama Power Systems, and ZEN Technologies will announce their quarterly numbers on January 31.

#1 Profit rises 7.3 percent to Rs 553.6 crore Vs Rs 515.8 crore, YoY

#2 Revenue increases 6.1 percent to Rs 3,558.6 crore Vs Rs 3,355.3 crore, YoY

Dabur India was quoting at Rs 513.65, up Rs 5.05, or 0.99 percent. It has touched an intraday high of Rs 519.75 and an intraday low of Rs 510.70. It was trading with volumes of 58,667 shares, compared to its five day average of 80,198 shares, a decrease of -26.85 percent.

In the previous trading session, the share closed down 1.37 percent or Rs 7.05 at Rs 508.60.

The share touched a 52-week high of Rs 576.80 and a 52-week low of Rs 420.05 on 04 September, 2025 and 07 April, 2025, respectively. Currently, the stock is trading 10.95 percent below its 52-week high and 22.28 percent above its 52-week low. Market capitalisation stands at Rs 91,105.60 crore.

#1 25 percent consumption growth driven by broad-based uptick

#2 Lease growth lagging consumption, occupancy improving post capex

#3 17 percent long-term lease income CAGR expected

#1 EBITDA beat by 34 percent, strong domestic performance offset export weakness

#2 Conductor EBITDA/MT up 49 percent YoY

Bajaj Auto, NTPC, Power Grid Corporation of India, Nestle India, Bank of Baroda, Meesho, Ajanta Pharma, Ambuja Cements, Ashoka Buildcon, Aster DM Healthcare, Antony Waste Handling Cell, Brigade Enterprises, Cholamandalam Investment and Finance Company, Exide Industries, Glenmark Pharmaceuticals, Jindal Steel, KEC International, Dr Lal PathLabs, LIC Housing Finance, National Aluminium Company, New India Assurance Company, Steel Authority of India, and Welspun Corp will release their quarterly earnings today.

#1 Profit surges 36.7 percent to Rs 403.9 crore Vs Rs 295.4 crore, YoY

#2 Revenue soars 20 percent to Rs 705.3 crore Vs Rs 587.9 crore, YoY

Nippon Life India Asset Management was quoting at Rs 890.00, up Rs 30.05, or 3.49 percent.

It has touched an intraday high of Rs 919.30 and an intraday low of Rs 869.80.

It was trading with volumes of 123,625 shares, compared to its five day average of 33,525 shares, an increase of 268.75 percent.

#1 Profit zooms 67.8 percent to Rs 287.3 crore Vs Rs 171.2 crore, YoY

#2 Revenue rises 2 percent to Rs 10,671.6 crore Vs Rs 10,453.7 crore, YoY

#3 Other income spikes to Rs 131 crore Vs Rs 6.5 crore

Dixon Technologies was quoting at Rs 10,682.60, up Rs 343.85, or 3.33 percent.

It has touched a 52-week low of Rs 9,828.00.

It has touched an intraday high of Rs 10,846.35 and an intraday low of Rs 9,828.00.

It was trading with volumes of 97,744 shares, compared to its five day average of 35,755 shares, an increase of 173.37 percent.

The Sensex was down 338.31 points or 0.41 percent at 82,228.06, and the Nifty was down 110.25 points or 0.43 percent at 25,308.65. About 2107 shares advanced, 1440 shares declined, and 145 shares unchanged.

Easy Trip Planners was quoting at Rs 6.35, up Rs 0.12, or 1.93 percent.

It has touched a 52-week low of Rs 6.11.

It has touched an intraday high of Rs 6.38 and an intraday low of Rs 6.11.

It was trading with volumes of 719,389 shares, compared to its five day average of 930,949 shares, a decrease of -22.73 percent.

Thermax and HPCL have signed a Memorandum of Understanding (MoU) entering into a strategic collaboration with an aim to exchange scientific information, carry out joint research, and encourage demonstration & deployment in the field of HP AEM

electrolysers, CO2 capture solutions, bio-pyrolysis oil processing and other emerging new energy areas.

Thermax was quoting at Rs 2,856.40, up Rs 61.10, or 2.19 percent.

It has touched an intraday high of Rs 2,857.90 and an intraday low of Rs 2,753.60.

It was trading with volumes of 2,273 shares, compared to its five day average of 3,013 shares, a decrease of -24.56 percent.