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EQUITY
Post Session: Quick Review
Jan-22-2026

Indian equity benchmarks snapped a three-day losing streak on Thursday amid strong global cues. Markets made a gap-up opening, as traders took support after US President Donald Trump walked back his tariff threats against eight European countries over Greenland ownership. During the late-morning session, markets erased most of their gains amid concerns over sustained fund outflows by foreign investors. However, in the final hour of trade, optimism over a potential India-EU free trade agreement lifted markets to close notably higher.

Some of the important factors in trade:

India to keep growing 6-8% in real terms in next 5 years: Sentiments remained upbeat as Union minister Ashwini Vaishnaw said that India will keep growing by 6-8 per cent in real terms and 10-13 per cent in nominal terms over the next five years, supported by moderate inflation and strong growth.

Indian economy transforms from emerging status to pivotal global economic force: Some support came as Union Civil Aviation Minister K Rammohan Naidu’s statement that that Indian economy transformed from an ‘emerging’ status to a ‘pivotal’ global economic force in the last decade. 

Retail inflation for farm & rural workers rises marginally in December 2025: Upside remained capped as government data showed that retail inflation for farm and rural workers rose slightly by 0.04 per cent and 0.11 per cent, respectively, in December 2025 compared to the preceding month amid firming up of certain food items.     

Global front: European markets were trading in green after U.S. President Donald Trump dropped planned tariffs on eight European countries and ruled out using force to take Greenland. Asian equity markets ended mostly in green, amid easing geopolitical and trade tensions. 

The BSE Sensex ended at 82307.37, up by 397.74 points or 0.49% after trading in a range of 81874.39 and 82783.18. There were 25 stocks advancing against 5 stocks declining on the index. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 1.28%, while Small cap index up by 1.13%. (Provisional)

The top gaining sectoral indices on the BSE were Capital Goods up by 2.03%, Industrials up by 1.78%, PSU up by 1.70%, Utilities up by 1.57% and Power up by 1.43%, while Realty down by 0.69% and Consumer Durables down by 0.43% were the only losing indices on BSE. (Provisional)

The top gainers on the Sensex were Bharat Electronics up by 3.75%, Tata Steel up by 2.69%, Adani Ports and Special Economic Zone up by 2.57%, SBI up by 1.95% and Bajaj Finserv up by 1.69%. On the flip side, Eternal down by 2.61%, Titan Company down by 1.50%, ICICI Bank down by 0.21%, Maruti Suzuki down by 0.18% and HDFC Bank down by 0.08% were the top losers. (Provisional)

Meanwhile, Citing the first advance estimates of real GDP growth for 2025-26, Reserve Bank of India (RBI) bulletin has said that India will remain the fastest growing major economy even with heighten geopolitical risks and policy uncertainty ahead. It added that the current state of the economy provides ground for optimism going forward at a time when the year 2026 has begun with an escalation of geopolitical tensions, marked by developments such as the US intervention in Venezuela, the simmering conflict in the Middle East, ambiguity surrounding the Russia-Ukraine peace deal, and escalation of the row over Greenland. Besides, high-frequency indicators for December suggest continued buoyancy in growth impulses with demand conditions remaining upbeat. In December 2025, headline CPI inflation edged up but remained below the lower tolerance level.

The bulletin highlighted that over the past year the commercial sector has experienced surge in the flow of financial resources, with both non-bank and bank sources contributing to the credit pick-up. The total flow of financial resources to the commercial sector have rose to Rs 30.8 lakh crore in the 2025-26 so far (up to December 31) from Rs 21.3 lakh crore a year ago. Further in order to mitigate external sector risks, India has made significant efforts to diversify and strengthen its exports. The country has concluded trade negotiations with New Zealand and Oman in December 2025 and is currently engaged in trade negotiations with 14 countries or groups, representing nearly 50 nations, including the European Union, Gulf Cooperation Council countries, and the US. 

Furthermore, the major economic reforms undertaken by the government are expected to strengthen the country’s growth prospects going forward. In 2025, the government has rationalized tax structures, implemented labour codes for labour market reforms and undertook financial sector deregulation. The bulletin noted that the policy focus on striking a balance between innovation and stability, consumer protection, and a prudent approach to regulation and supervision should help improve productivity and support long-term economic growth. 

The CNX Nifty ended at 25289.90, up by 132.40 points or 0.53% after trading in a range of 25168.50 and 25435.75. There were 39 stocks advancing against 11 stocks declining on the index. (Provisional) 

The top gainers on Nifty were Dr. Reddy's Lab up by 5.21%, Bharat Electronics up by 3.64%, Adani Enterprises up by 2.67%, Adani Ports and Special Economic Zone up by 2.58% and Tata Steel up by 2.54%. On the flip side, Eternal down by 2.68%, SBI Life Insurance down by 1.62%, Titan Company down by 1.49%, Eicher Motors down by 1.27% and Max Healthcare Inst down by 0.54% were the top losers. (Provisional)

European markets were trading higher; Germany’s DAX gained 402.72 points or 1.61% to 24,963.70, France’s CAC rose 102.93 points or 1.28% to 8,172.10 and UK’s FTSE 100 increased 77.31 points or 0.76% to 10,215.40.

Asian markets settled mostly higher on Thursday, tracking Wall Street’s gains overnight amid easing geopolitical and trade tensions after US President Donald Trump called off proposed tariffs tied to Greenland, saying a framework has been formed with NATO for a future deal with respect to Greenland and, in fact, the entire Arctic Region. Hong Kong markets marginally rose, with property shares jumping 1.6% after the troubled developer China Vanke secured crucial approval from bondholders to postpone repayment of a major onshore bond, marking a key milestone in its urgent push to weather a deepening liquidity crunch and avoid default. Japan’s Nikkei average soared, led by a rally in semiconductor and artificial intelligence-related shares. Moreover, Seoul shares climbed amid continued optimism over AI-driven demand, even as South Korea's economy showed a contraction in the final quarter of 2025.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,122.58

5.64

0.14

Hang Seng

26,629.96

44.90

0.17

Jakarta Composite

8,992.18

-18.15

-0.20

KLSE Composite

1,717.14

11.33

0.66

Nikkei 225

53,688.89

914.25

1.73

Straits Times

4,828.32

18.44

0.38

KOSPI Composite

4,952.53

42.60

0.87

Taiwan Weighted

31,746.08

499.71

1.60
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