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EQUITY
Post Session: Quick Review
Jan-27-2026

Indian equity benchmarks closed notably higher on Tuesday after India and the European Union (EU) have concluded official-level negotiations for the proposed free trade agreement. After a cautious start, markets witnessed volatility throughout the session amid continued foreign institutional investors (FIIs) outflows and the monthly F&O expiry. However, late-session buying lifted markets to close near day’s high points.

Some of the important factors in trade:

India, EU conclude official-level FTA negotiations: Sentiments got a boost as Commerce Secretary Rajesh Agrawal said that India and the European Union (EU) have concluded official-level negotiations for the proposed free trade agreement (FTA) which will help boost two-way commerce and strengthen economic ties between the two sides.

UNCTAD says FDI Inflows to India increase in 2025: Some support also came as the United Nations Conference on Trade and Development (UNCTAD) said the FDI inflows to India in 2025 surged by 73 per cent to $47 billion, mainly due to large investments in services and manufacturing. 

India’s forex reserves rise by $14.17 billion to $701.36 billion: Traders took support as the Reserve Bank of India said that India's foreign exchange reserves jumped by $14.167 billion to $701.36 billion during the week ended January 16.     

Global front: European markets were trading in green, while Asian equity markets ended in green, after Wall Street's strong overnight performance. Investors shrugged off geopolitical and U.S. government shutdown worries to focus on upcoming big tech earnings and the Federal Reserve's interest-rate decision.

The BSE Sensex ended at 81857.48, up by 319.78 points or 0.39% after trading in a range of 81088.59 and 82084.92. There were 17 stocks advancing against 13 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Metal up by 3.11%, Basic Materials up by 1.87%, PSU up by 1.62%, Bankex up by 1.28% and Utilities up by 0.93%, while Consumer Durables down by 1.18%, Auto down by 0.97%, Consumer Discretionary down by 0.68%, FMCG down by 0.48% and Telecom down by 0.25% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Adani Ports and Special Economic Zone up by 4.47%, Axis Bank up by 4.31%, Tech Mahindra up by 2.69%, Tata Steel up by 2.64% and NTPC up by 2.48%. On the flip side, Mahindra & Mahindra down by 4.19%, Kotak Mahindra Bank down by 3.14%, Asian Paints down by 2.81%, Eternal down by 1.49% and Maruti Suzuki down by 1.48% were the top losers. (Provisional)

Meanwhile, Ambassador of India to The Russian Federation, Vinay Kumar, has said that India and Russia are moving confidently to achieve a target of $100 billion in bilateral trade by 2030. He noted that steps are being taken to expand the trade basket and free trade agreement will facilitate the achievement of this target. Further, he said the trade has increased with new opportunities in fertilisers, agriculture and engineering.

He highlighted that the bilateral trade between India and Russia has reached a record high of around $68.7 billion in FY 2024-25, due to massive import of Russian crude. Besides, majority trade is being conducted in the national currencies and the trend is likely to continue as the countries deepen trade and economic ties further. Meanwhile, during the India-Russia Business Forum, the Prime Minister Modi had invited Russian businesses to 'come and Make in India...and partner with India'.

In FY 2024-25, India’s exports to Russia stood at $4.88 billion, while imports from Russia recorded at $63.84 billion. Key Indian exports include agri-products (fish, shrimp, rice, tobacco, tea, coffee, grapes), chemical products, pharmaceuticals, iron and steel, ceramic products, aeroplane components, machinery, glass and glassware, clothing and knitwear, leather goods, rubber articles, electrical machinery, and surgical tools. 

The CNX Nifty ended at 25175.40, up by 126.75 points or 0.51% after trading in a range of 24932.55 and 25246.65. There were 31 stocks advancing against 19 stocks declining on the index. (Provisional)

The top gainers on Nifty were Adani Enterprises up by 5.11%, Axis Bank up by 4.59%, JSW Steel up by 4.44%, Adani Ports and Special Economic Zone up by 4.24% and Grasim Industries up by 3.52%. On the flip side, Mahindra & Mahindra down by 4.23%, Kotak Mahindra Bank down by 3.33%, Asian Paints down by 2.99%, Eternal down by 1.87% and Bajaj Finserv down by 1.61% were the top losers. (Provisional)

European markets were trading higher; UK’s FTSE 100 increased 43.85 points or 0.43% to 10,192.70, Germany’s DAX gained 42.42 points or 0.17% to 24,975.50 and France’s CAC rose 4.95 points or 0.06% to 8,136.10.

Asian markets settled higher on Tuesday tracking Wall Street's strong performance overnight, while investors are awaiting the Federal Reserve's interest-rate decision and major tech earnings due later in the week. Investors globally shrugged off worries about geopolitics, tariff threats and another potential US government shutdown. Chinese and Hong Kong shares gained after China reported its first annual increase in industrial profits in four years. The Japanese Nikkei 225 index rose led by gains in heavyweight technology shares, and as the yen steadied after recent strong gains amid speculation the US might coordinate intervention with Japan. South Korea's Kospi closed above the 5,000-point mark for the first time, despite US President Donald Trump's threat to raise tariffs on Korean imports.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,139.91

7.30

0.18

Hang Seng

27,126.95

361.43

1.35

Jakarta Composite

8,980.23

4.90

0.05

KLSE Composite

1,771.25

27.18

1.56

Nikkei 225

53,333.54

448.29

0.85

Straits Times

4,923.02

62.09

1.28

KOSPI Composite

5,084.85

135.26

2.73

Taiwan Weighted

32,317.92

253.40

0.79

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