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Stock market today: Headline indices, the Sensex and the Nifty 50, extended gains for the third consecutive session on Thursday, January 29, after the Economic Survey 2026 projected that the Indian economy would remain on a strong footing despite geopolitical challenges.

The Sensex jumped 222 points, or 0.27%, to close at 82,566.37, while the Nifty 50 settled at 25,418.90, up 76 points, or 0.30%. Mid and small-cap segments, however, underperformed as the BSE 150 Midcap index inched up by 0.10%, while the BSE 250 Smallcap index slipped 0.19%.

In three sessions of gains, the Sensex has climbed over 1,000 points, or nearly 1.3%, while the Nifty 50 has risen by 1.5%.

Market sentiment was underpinned by the Economic Survey, which presented bright growth-inflation dynamics for the Indian economy. However, gains were capped by geopolitical uncertainties.

"Domestic markets ended higher after staging a strong rebound, supported by an upbeat economic survey that reaffirmed a robust FY27 growth outlook and a well‑anchored inflation environment amidst persistent global uncertainties," said Vinod Nair, Head of Research, Geojit Investments Limited.

"Global cues were largely constructive, though elevated bullion and crude prices due to escalating U.S.–Iran tensions weighed on overall risk sentiment," said Nair.

Tata Steel (up 4.49%), Larsen & Toubro (up 3.80%), and Axis Bank (up 3.42%) ended as the top gainers.

Asian Paints (down 3.85%), InterGlobe Aviation (down 2.71%), and SBI Life Insurance Company (down 2.69%) ended as the top losers in the index.

The metal pack continued witnessing strong traction; the Nifty Metal index jumped 3.07%. Private Bank (up 1%), Realty (up 0.67%), and Financial Services (up 0.64%) also clocked healthy gains.

Nifty Bank jumped 0.60% to end at 59,957.85.

On the flip side, Nifty Healthcare (down 0.96%), FMCG (down 0.91%), Pharma (down 0.81%), PSU Bank (down 0.79%), IT (down 0.76%), and Auto (down 0.68%) ended in the red.

Vodafone Idea (67.9 crore shares), Tata Gold Exchange Traded Fund (58 crore shares), and Tata Silver Exchange Traded Fund (47.5 crore shares) were the most active counters in terms of volume on the NSE.

The advance-decline ratio remained in favour of decliners as over 1,700 stocks advanced while over 2,500 declined on the BSE.

Hindustan Copper, Cubex Tubings, Panorama Studios International, Paras Petrofils, Jinkushal Industries, Dredging Corporation of India, STEL Holdings, and TCC Concept were among the 19 stocks that jumped more than 15% on the BSE.

(This is a developing story. Please check back for fresh updates.)

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

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