Budget measures to enhance FPI inflows, RBI selling US dollar seen propping up the rupee
Higher transaction costs push Nifty futures breakeven into double digits, forcing systematic traders to rethink strategies
Further downside pressure on precious metals may emerge early in the week as higher CME margins come into effect on Monday, February 2.
Sensex Today | Stock Market LIVE Updates: Tata Motors Passenger Vehicles, Tata Consumer, Adani Ports, Power Grid, Reliance Industries are among major gainers on the Nifty, while losers are Shriram Finance, Max Healthcare, Cipla, Axis Bank, Infosys. On the sectoral front, FMCG, metal, oil & gas, energy, infra, realty up 1-2%, while media, IT healthcare are trading lower. Nifty midcap index up 0.7%, while smallcap index up 0.3%.
Among sectors, except IT, all other indices ended in the red with metal index shed 3.8%, PSU Bank declined 4%, oil & gas slipped 2.7%, Capital Goods fell 3%.
Experts advised investors to diversify, avoid panic selling, and eye rebounds from central bank demand.
Biggest Nifty lowers included ONGC, SBI, Hindalco Industries, Adani Ports, Bharat Electronics, while gainers were Wipro, TCS, Sun Pharma, Max Healthcare, Infosys. Nifty Midcap index fell 2.2% and smallcap indices shed 2.8%. Among sectors, except IT, all other indices ended in the red with metal index shed 3.8%, PSU Bank declined 4%, oil & gas slipped 2.7%, Capital Goods fell 3%.
India and the United States have concluded six rounds of talks for a trade deal so far.
Nageswaran said that further reforms to reduce operating costs, lower input costs, deregulation and skill creation can lift India's medium-term growth higher than the estimated 7 percent.
Among sectors, the metal index slumped 5%, while oil & gas, banking, IT and energy indices fell 0.5–1%. On the other hand, pharma, media, consumer durables and FMCG indices gained 0.7–1.8%.
Trading pauses or delays are not entirely unheard of across global exchanges.
Nifty Midcap index fell 0.3%, while smallcap index added 0.3%. Hindalco, Tata Steel, Coal India, ONGC, JSW Steel 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 0.5-1.5%.
Among sectors, pharma, PSU Bank, IT, FMCG, auto down 0.7-1%, while metal, realty, private bank, power, energy, oil & gas up 0.6-3%.
The currency has declined 2% on the year so far and nearly 5% since US President Donald Trump imposed steep tariffs on India's merchandise exports to its largest market
Nifty midcap and smallcap indices ended with marginal gains. Among sectors, pharma, PSU Bank, IT, FMCG, auto down 0.7-1%, while metal, realty, private bank, power, energy, oil & gas up 0.6-3%. L&T, Tata Steel, Eternal, Axis Bank, Tata Motors Passenger Vehicles were among top gainers on the Nifty, while losers were Asian Paints, SBI Life Insurance, Interglobe Aviation, Maruti Suzuki and Tata Consumer.
More than 240 stocks touched their 52-week lows, including Concord Biotech, OneSource Specialty Pharma, Syngene International, Gujarat Fluorochemicals, Poly Medicure, Jyothy Labs, Brigade Enterprises, Honeywell Automation, among others.
Among sectors, media, metal, energy, oil & gas, realty, PSU Bank up 1-4 percent, while FMCG, Consumer Durables, pharma ended lower. Bharat Electronics, ONGC, Eternal, Coal India, Hindalco Industries were among major gainers on the Nifty, while losers were Tata Consumer, Asian Paints, Maruti Suzuki, Max Healthcare, Sun Pharma. Nifty Midcap index added 1.6 percent and smallcap index rose 2.2 percent.
The market began the session on a subdued note and traded range-bound for most of the day, with late buying helping the Nifty close near day's high
Biggest Nifty gainers were Adani Enterprises, Axis Bank, JSW Steel, Adani Ports, Grasim Industries, while losers included M&M, Kotak Mahindra Bank, Asian Paints, Max Healthcare and Eternal. Except auto, FMCG, media and consumer durables, all other sectoral indices ended in the green with metal up 3%. The Nifty midcap and smallcap indices rose 0.8 percent each.
The domestic currency has weakened by 202 paise, or over 2 percent, so far this month. In 2025, it had declined 5 percent amid sustained foreign fund outflows and a strong US dollar
ETFs remain effective instruments when price discovery is orderly. When it is not, outcomes become uneven — even in rising markets. So, participating in a bull market is not only about choosing the right asset. It is also about ensuring that the chosen instrument allows the investor to actually receive the return the asset delivers.
With Iran warning that any attack would be treated as “all-out war,” markets remain alert to the risk of disruptions through the Strait of Hormuz, which carries roughly 20% of global crude flows.
More than 400 stocks touched their 52-week lows, including Adani Enterprises, Adani Total Gas, Syngene International, Reliance Power, Lodha Developers, Tejas Networks, Premier Energies, Network 18, Godrej Properties, Just Dial, Piramal Pharma, Devyani International, Sapphire Foods, Blue Jet, HFCL, Afcons Infra, Brigade Enterprises, Honeywell Automation, DLF, Sterling Wilson, among others.
Silver has delivered an exceptional rally of over 200% in the past 12 months, sharply outperforming gold’s 80% rise during the same period.
The rupee has fallen more than 2% in January, adding to its 5% slide in 2025