Sensex Nifty Live Updates January 29: Benchmarks Start Day Weak, Sensex Down 500+ Points at Open

Catch the latest Sensex Nifty updates as the markets swing with changing global trends, domestic cues, and sector performances. Follow how India’s benchmark indices are shaping the trading day.

Stock Market Outlook for January 29

• Weak Start, Recovery Attempts Likely: Indian markets have opened on a cautious note, tracking negative Gift Nifty cues and weak domestic sentiment after the previous session’s decline. The Nifty 50 and Sensex are trading under pressure, though selective buying in heavyweight stocks could support intraday pullback attempts.

• Global Cues Mixed: Asian markets are trading mixed, offering limited directional cues. Modest gains in Hong Kong contrast with muted trends in Japan and China, which may keep risk appetite restrained. Rising crude oil prices could also weigh on sentiment, particularly for oil-sensitive sectors.

• Flows and Volatility in Focus: Strong DII inflows continue to provide a cushion against sustained declines, even as FII participation remains volatile. With India VIX elevated above 13, intraday swings are likely, keeping markets range-bound with stock-specific action dominating.

Indian Stock Market Recap: January 28

Indian stock markets closed higher on Wednesday, supported by buying interest across select heavyweight stocks. The Nifty 50 advanced 0.66% to close at 25,342.75, while the Sensex rose 0.60% to settle at 82,344.68, indicating a modest recovery after recent volatility.

Indian Market Cues

U.S. Markets Live Today

Asian Markets

Crude Oil Prices

Bond Yields

India VIX

FII/DII Trading Activity

*As of 09:58 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

Stocks to Watch Today

Here are the top stocks to watch today following their latest earnings and key business updates.

Rail Vikas Nigam

Rail Vikas Nigam’s joint venture with GPT has emerged as the lowest bidder for a ₹1,201.35 crore Northern Railway project. The contract involves designing and constructing 11 new rail-cum-road bridges over the River Ganga near Varanasi. The bridges will support four railway tracks below and a six-lane roadway above, along with allied works.

Wipro

Wipro has partnered with Factory, an agent-native software development platform backed by Wipro Ventures, to help enterprises adopt agent-native development across engineering teams. The collaboration aims to enable scalable deployment of AI-driven software agents. Separately, Wipro Ventures has participated in Factory’s latest funding round, reinforcing its commitment to emerging AI technologies.

Larsen & Toubro

Larsen & Toubro reported a 4.3% year-on-year decline in consolidated net profit for the December quarter. Profit fell to ₹3,215 crore compared with ₹3,359 crore in the corresponding period last year, reflecting pressure on margins despite steady execution across its engineering and construction businesses during the quarter.

Mahindra & Mahindra Financial Services

Mahindra & Mahindra Financial Services posted a mixed performance in the December quarter, with net profit declining 9.9% year-on-year to ₹810.4 crore from ₹899.5 crore. The results indicate continued pressure on profitability amid evolving credit conditions and cautious lending trends across key rural and semi-urban markets.

NSDL

National Securities Depository reported a mixed set of numbers for the December quarter. Net profit rose 4.4% year-on-year to ₹89.6 crore from ₹85.8 crore, supported by stable operational performance. However, growth remained moderate, reflecting a challenging operating environment and steady but unspectacular activity levels.

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.