SENSEX is also known as BSE Sensex. It stands for Stock Exchange Sensitive Index and is the stock market index for the Bombay Stock Exchange which calculates the movement on BSE. A stock market analyst Deepak Mohoni termed the word Sensex which was a blend of words ‘Sensitive’ and ‘Index’. It is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. It was launched January 1. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978-1979. The index is calculated based on a free float capitalisation method, a variation of the market capitalisation method. Instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. Free Floating capital implies total capitalization less Directors shareholding. As per free float capitalisation methodology, the level of index at any point of time reflects the free float market value of 30 constituent stocks relative to a base period. The market capitalisation of a company is determined by multiplying the price of its stock by the number of shares issued by corporate actions, replacement of scrips. More
The underlying trend of Nifty remains choppy. A sustainable move above 25900 could open further upside for the next week
Sectorally, Nifty Consumer Durables, Realty, Pharma, Healthcare shed 2 percent each, Nifty Auto index slipped 1.75 percent and Nifty Media index down 1 percent during the week.
We expect the fiscal and monetary initiatives to start reflecting in the Q3 earnings and expect Q4 also to exhibit strong earnings growth.
Sensex, Nifty gains were led by a sharp jump in Infosys after the company raised its revenue growth guidance for FY26.
The Nifty 50 continued to trade in a tight range of 25,600–25,900 for the fourth consecutive session, staying within its 100-day and 50-day EMAs, and closed 0.3% lower on January 14. Elevated volatility, along with cautious technical and momentum indicators, suggests bulls remain tentative as markets await further cues from the ongoing earnings season. Experts believe the index is likely to take a decisive direction only after a clear breakout from the current range. On the downside, a breach below 25,600 could open the door to 25,450, while a move above 25,900 may pave the way for a rally toward the 26,000–26,100 zone. Global cues remain mixed, though GIFT Nifty indicates a steady start for Dalal Street. On the stock-specific front, Infosys will be in focus following its guidance upgrade, while Reliance Industries is set to report its Q3 earnings today. Markets will also track the outcome of the BMC election results, due later in the day. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder of NeoTrader, and Sushant Bhansali, CEO of Ambit Asset Management, as they decode key market cues on Opening Bell Live.
Silver dropped on Friday after the US refrained from putting import tariffs on critical minerals, but was still up 15% for the week on surging demand for precious metals.
As global headwinds fade, AI trade crowding normalises, and earnings recovery becomes more visible, FII flows are likely to return gradually well before earnings growth fully settles into the mid-teens, said Anil Rego.
Closing Bell: Sensex and Nifty erased most of the day's gains, easing off day's highs. Buying was clearly concentrated in information technology shares after a surge in Infosys lifted sentiment across the pack.
Trilok Agarwal believes FY27 EPS growth will be in the low double-digit instead of mid-teens, leading to expectations of earnings normalisation rather than acceleration
Trading on the NSE and the BSE will resume on January 16 (Friday).
The domestic markets could see a short-term relief rally if the court strikes down Trump tariffs, though the longer-term impact is expected to be limited, say analysts.
Market will remain shut on Thursday, January 15 on account of municipal corporation elections in Maharashtra.
Catch Nandita Khemka in conversation with Anshul Saigal, Market Expert and Ashish Bahety, Technical and Derivative Research Analyst, ProfitMart Securities
Sensex, Nifty declined as sustained selling by foreign investors weighed on sentiment.
Buying interest emerged in select metal, oil & gas and consumer durable stocks.
The Nifty 50 slipped 0.2% on January 13, giving up a part of the previous session’s gains. While the index negated the lower high–lower low pattern seen over the past five sessions, it continues to trade below its short- and medium-term moving averages, with momentum indicators still signalling caution. Experts believe the market is likely to remain in a consolidation phase unless the Nifty decisively breaks above the 25,900–26,000 resistance zone. A sustained move above this level could open the door for a rally toward 26,200–26,300, while on the downside, immediate support is seen at 25,600, followed by a key level at 25,450. Globally, Wall Street retreated from record highs, with the S&P 500 drifting lower, weighed down by banking stocks. Asian markets opened mixed, though Japan’s Nikkei scaled a fresh record, crossing the 54,000 mark for the first time. Back home, GIFT Nifty signals a sluggish start for Dalal Street. In commodities, crude oil surged to a 12-week high amid escalating geopolitical risks and supply disruption concerns. Gold and silver touched fresh record highs, as U.S. inflation data strengthened expectations of future Federal Reserve rate cuts. On the earnings front, IT major Infosys is set to report its Q3 results today. All eyes will be on guidance. Also watch out for Groww as it reports earnings today. Catch Nandita Khemka in conversation with Ruchit Jain, Vice President – Technical Research at Motilal Oswal Financial Services, and Ajay Srivastava, CEO, Dimensions Corporate Finance Services, as they decode the key market cues on Opening Bell Live.
On January 13, the Foreign Institutional Investors (FIIs) sold equities worth around Rs 1499 crore, while Domestic Institutional Investors (DIIs) purchased equities worth Rs 1181 crore.
Tata Steel, NTPC, ONGC, Axis Bank, UltraTech Cement were among major gainers on the Nifty, while losers were Tech Mahindra, TCS, Asian Paints, Sun Pharma, Sun Pharma. BSE Midcap and smallcap indices rose 0.3% each. On the sectoral front, PSU Bank, power, oil & gas index added 0.5-2%, while auto, IT, realty shed 0.5% each.
The bigger support to growth will come from liquidity management, efficient policy transmission, and coordination between fiscal and monetary policy rather than headline rate cuts, said Gaurav Didwania.
Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said.
Mixed performance was seen among the broader indices, with the BSE Midcap index declining 0.2 percent, while the Smallcap index rose 0.5 percent.
Catch Nandita Khemka in conversation with Sandip Agarwal, Fund Manager, Sowilo Investment Managers and Osho Krishan, Sr. Analyst, Technical & Derivative Research, Angel One Ltd
The renewed 25% tariff threat has resurfaced as a key macro overhang for Indian markets, but its actual economic impact needs to be viewed with perspective rather than panic, an analyst said.
Sensex, Nifty rebounded as investor sentiment was supported by hopes of renewed momentum in India-US trade talks.