| Market Pulse |
Saturday, 31 January 2026 |
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Market Snapshot
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📊
Nifty 50
25,320.65
-0.39%
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📈
Sensex
82,269.78
-0.36%
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🏦
Bank Nifty
59,610.45
-0.58%
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The Indian stock market witnessed a slight decline today, influenced by mixed global cues and domestic anticipation of the Union Budget 2026. The prospect of fiscal discipline and capex push in the upcoming budget buoyed sectors like Infra and Realty, while weakness in global commodity prices pressured metal stocks, leading to significant losses for Hind Zinc and Vedanta. The EU-India trade deal provided a positive outlook for export-driven sectors, but global trade tensions and potential US interest rate changes kept investors cautious.
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The Big Story
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📰 FEATURED
Union Budget 2026 expectations: Tax relief, capex push, fiscal discipline in focus
InfraBankingRealty
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Investors should watch for sectors likely to benefit from increased government spending.
WHY IT MATTERS
Budget expectations of tax relief and capex push could boost economic growth and market sentiment.
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Quick Takes
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india macro • positive
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From Defence to EVs: Here are top 10 themes that will dominate in Budget 2026
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Position portfolios to benefit from budget-driven sectoral growth.
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global macro • positive
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Trump tariffs live updates: EU, India seal trade deal in rebuff to Trump as he threatens South Korea boost - Yahoo! Finance Canada
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Positive trade developments could enhance export opportunities for Indian sectors.
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global macro • negative
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Here's what the Warsh appointment could mean for interest rates
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Prepare for potential volatility in banking and IT sectors due to US rate changes.
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india macro • positive
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Budget 2026: Should the 30% income tax slab be raised and indexed to inflation?
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Tax reforms may enhance consumer demand; consider FMCG and banking stocks.
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india macro
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India RBI likely to set underwriting fee at 0.73 paisa - Yahoo News Singapore
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Monitor RBI's fee decisions for impacts on bond market activities.
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global macro • positive
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EU-India trade deal: What investors need to know - Yahoo Finance
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Position for potential growth in export-oriented sectors.
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FII / DII Activity
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FII/FPI
Bought
₹2,251.37 Cr
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DII
Sold
₹601.03 Cr
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FIIs bought ₹2,251.37 Cr, DIIs sold ₹601.03 Cr today.
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Market Breadth
Advances: 820 ·
Declines: 882 ·
A/D Ratio: 0.93
Selective selling - index down but many stocks up
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Sector Performance
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Media
+1.8%
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FMCG
+1.4%
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Realty
+0.8%
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Auto
+0.7%
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Pharma
+0.7%
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PSU Bank
+0.1%
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Infra
-0.1%
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Energy
-0.6%
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Bank
-0.6%
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Fin Services
-0.6%
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IT
-1.0%
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Metal
-5.2%
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Media, FMCG led gains while IT, Metal underperformed. Defensive sectors outperforming suggests risk-off sentiment.
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Top Gainers / Losers
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Top Gainers
| Nestle |
+3.46% |
| TATA Cons. Prod |
+2.41% |
| Apollo Hospital |
+2.35% |
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Top Losers
| Hind Zinc |
-12.12% |
| Vedanta |
-11.07% |
| NALCO |
-10.12% |
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Technical Levels
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Nifty 50
| Support |
25,168 / 25,015 |
| Resistance |
25,466 / 25,611 |
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Bank Nifty
| Support |
58,676 |
| Resistance |
59,991 |
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Nifty is in sideways trend. Trading above 200 DMA indicates medium-term strength. Short-term momentum is weak.
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Global Cues
| S&P Futures: -0.25%
Global cues mixed; expect range-bound opening
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Commodities & Forex
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Gold
₹1,49,075
-0.39%
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Silver
₹2,91,922
+0.00%
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USD/INR
Rs 91.90/USD
+0.16%
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Macro / Economic Events
| 📌 |
5 earnings results expected |
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| 📌 |
US Fed Interest Rate Decision |
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Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
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Corporate Actions
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Sun Pharma
Q3 Results: Net profit rises 16% to Rs 3,368.8 crore, declares Rs 11 interim dividend
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ITC
US pitches Venezuelan crude to India as its Russian oil imports slow, sources say - Reuters
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Earnings Calendar
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Sun Pharmaceutical Industries
31 Jan
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Vinati Organics
31 Jan
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Zen Technologies
31 Jan
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