Indian Stock Market Sees Gains: Nifty50 and Sensex Rise

The Indian stock market experienced notable gains on Wednesday, January 28, 2026, with the Nifty50 index closing at 25,342, marking a significant increase. This advancement was supported by a strong performance in the oil, gas, and metal sectors, alongside bullish indicators from several Asian markets.

Sectorally, Nifty Oil & Gas emerged as the leader among gainers, climbing by 3.4%. This sector was followed closely by Nifty Metal, which saw an uptick of 2.34%, and Nifty Media, up by 2.13%. The overall market displayed a positive sentiment, partly buoyed by encouraging signals from related global indices.

Foreign institutional investors (FIIs) had a mixed day, offloading shares worth ₹3,068.49 crore, while domestic institutional investors (DIIs) countered this by purchasing equities amounting to ₹8,999.71 crore, according to exchange data. The market capitalisation of firms listed on the National Stock Exchange (NSE) stood at ₹457.25 lakh crore by the session's end.

The broader market also thrived, with small-cap stocks outperforming major indices on this day. Within the small-cap index, the top performers included Tejas Networks, which surged by 14.22%, Data Patterns with a rise of 13.52%, and Hindustan Copper, which increased by 13.48%.

Defence stocks were particularly notable, with the Nifty India Defence index closing up by 6.95%, following the recent India-European Union defence agreement.

The trading day recorded 3,284 stocks on the National Stock Exchange, where 2,452 stocks advanced while 740 declined. On this day, 69 stocks hit their 52-week highs, contrasting with 177 that reached their one-year lows. Additionally, 119 stocks were observed hitting upper circuit limits, while 50 touched lower circuit bands.

Key contributors to the Nifty50 index included Bharat Electronics, up by 9.21%, and ONGC, which increased by 8.18%. Other noteworthy gainers included Coal India, Eternal, and Hindalco Industries, all showing significant increases. Conversely, Tata Consumer Products and Asian Paints were among the laggards, with declines of 4.55% and 4.22%, respectively.

Market analysts will closely monitor these trends as they assess the ongoing performance of the Indian equities landscape amid varying global influences. As Mukesh Singh, a market analyst at Renowned Insights, noted, “The positive momentum in sectors like oil and gas has rallied investor confidence, paving the way for an optimistic outlook in the coming weeks.”