HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges remain in green in morning deals
Jan-28-2026

Indian equity benchmarks erased some gains but continued to trade in green in morning deals, after the India-European Union free trade agreement. Traders took support as the Commerce Ministry stated that India has gained duty concessions for its agricultural exports under the newly concluded India-European Union (EU) Free Trade Agreement (FTA) for a wide range of products, including processed foods, tea, coffee, spices, table grapes, sheep and lamb meat. However, gains remained capped as some concerns came with exchange data showed foreign institutional investors offloaded equities worth Rs 3,068.49 crore on Tuesday. On the global front, Asian markets were trading mixed ahead of the Federal Reserve's interest rate decision. Traders also assessed the increasing tariff uncertainty as well as the escalating U.S.-Iran conflict. 

The BSE Sensex is currently trading at 82093.79, up by 236.31 points or 0.29% after trading in a range of 81887.93 and 82503.97. There were 21 stocks advancing against 9 stocks declining on the index.

The top gaining sectoral indices on the BSE were Oil & Gas up by 2.96%, Energy up by 2.55%, Capital Goods up by 1.89%, Power up by 1.47% and Metal up by 1.40% while, Consumer Durables down by 1.63%, FMCG down by 1.12%, Auto down by 0.97%, Consumer Disc down by 0.41%, Healthcare down by 0.33% were the losing indices on BSE.

The top gainers on the Sensex were Bharat Electronics up by 1.99%, Axis Bank up by 1.71%, Eternal up by 1.64%, Power Grid Corporation up by 1.16% and Adani Ports &SEZ up by 1.06%. On the flip side, Asian Paints down by 5.30%, Maruti Suzuki down by 2.83%, Hindustan Unilever down by 1.87%, Infosys down by 1.43% and Sun Pharma down by 1.42% were the top losers.

Meanwhile, Oil Minister Hardeep Singh Puri has said that India is keen to invest in the extraction of critical minerals in Canada and will mount a delegation soon to discuss joint collaboration in the sector. After meeting with visiting Canadian Minister of Energy and Natural Resources, Tim Hodgson, on the sidelines of India Energy Week, Puri stated that both sides have agreed to strengthen bilateral energy trade. This includes the supply of Canadian LNG, LPG, and crude oil to India, along with the export of refined petroleum products from India to Canada. 

He said ‘Canada has critical minerals... they also have four small modular reactors (SMRs) -- areas we are interested in.’ The two affirmed the immense importance of energy security and diversity of supply. Canada has set a goal of becoming an energy superpower in both clean and conventional energy, with export diversification as a priority while India, as the epicentre of the global energy landscape, offers a natural and symbiotic partnership grounded in scale, stability, and long-term opportunity.

Canada has current and emerging liquefied natural gas (LNG) projects, is increasing production and exports of crude oil to markets in Asia and is advancing liquefied petroleum gas (LPG) exports to Asia. Meanwhile, India, as the world's third-largest oil consumer, fourth-largest LNG importer, third-largest LPG consumer, and with the fourth-largest refining capacity, is expected to remain at the center of the global energy landscape, accounting for more than one-third of the growth in global energy demand over the next two decades.

The CNX Nifty is currently trading at 25246.50, up by 71.10 points or 0.28% after trading in a range of 25225.70 and 25372.10. There were 33 stocks advancing against 17 stocks declining on the index.

The top gainers on Nifty were ONGC up by 5.72%, Coal India up by 3.33%, Hindalco up by 2.56%, Bharat Electronics up by 2.10% and Eternal up by 1.60%. On the flip side, Asian Paints down by 5.15%, Tata Consumer Product down by 4.96%, Eicher Motors down by 3.87%, Maruti Suzuki down by 2.75% and Bajaj Auto down by 2.36% were the top losers.

Asian markets were trading mixed; Taiwan Weighted added 346.39 points or 1.07% to 32,664.31, Shanghai Composite strengthened 24.92 points or 0.6% to 4,164.82, KOSPI increased 75.35 points or 1.48% to 5,160.20, Hang Seng advanced 620.05 points or 2.29% to 27,747.00.

On the flip side, Straits Times fell 22.62 points or 0.46% to 4,900.40, Jakarta Composite plunged 660.46 points or 7.35% to 8,319.77 and Nikkei 225 slipped 293.54 points or 0.55% to 53,040.00. 
  RELATED NEWS >>
Most Viewed >>
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.