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Dalal Street Ends Higher As Sensex Gains 222 Points, Nifty Tests 25,400

The Indian benchmark indices closed higher on Thursday as the Sensex rose nearly 222 points to end at 82,566.37, and the Nifty rose over 79 points to close trade at 25,418.90. In the 30-share BSE Sensex, among the top gainers were stocks such as Tata Steel, L&T, Axis Bank, Eternal and NTPC. Meanwhile, the laggards included, Kotak Bank, Bajaj Finance, Reliance, Ultra Cement and Infosys. In the broader markets, the Nifty 100 rose 0.30 per cent, while the Nifty Microcap 250 fell 0.38 per cent. Sectorally, Nifty Healthcare Index declined 0.96 per cent and the Nifty Metal index jumped 3.07 per cent. Previously, during the morning session, the BSE Sensex rang the opening bell below 82,200, crashing more than 150 points, while the NSE Nifty50 started the day under 25,300, slipping a little over 50 points. At mid-day, the Sensex and Nifty also significantly recovered on January 29 and were trading higher during afternoon trade amid rise in metals, oil and gas stocks. The Sensex staged a sharp rebound, climbing nearly 950 points from the day’s low, while the Nifty was hovering around the 25,450 level in late afternoon trade. Markets Rebound Sharply On Sensex F&O Expiry Day Indian equity benchmarks staged a strong recovery on January 29, a day marked by heightened volatility due to the monthly Sensex F&O expiry. The rebound came despite a rise in market volatility, with India VIX—the volatility gauge—up 2% during the session. From intraday lows, the Nifty, Sensex and Bank Nifty all climbed more than 1%, reflecting renewed buying interest in the latter half of trade. Volatility In Focus Volatility is typically elevated on index expiry days, and January 29 was no exception. Sharp intraday swings were seen across benchmarks as traders adjusted positions ahead of the expiry, before markets found support and rebounded. FIIs Turn Buyers After Prolonged Selling Sentiment improved as foreign institutional investors (FIIs) turned net buyers after 15 consecutive sessions of selling, purchasing shares worth Rs 480 crore in the cash market. Domestic institutional investors (DIIs) remained strong buyers, investing Rs 3,360 crore during the session. Commenting on market dynamics, VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, said:“Markets can always surprise. Some positive news/event can trigger a rally in the market. There are rumours of a sudden announcement of a US-India trade deal. If that happens close on the heels of the path breaking India-EU-trade deal, that would be a major boost to Indian economy and corporate earnings in FY27, and therefore, the market will respond positively.” Global Cues Lift Base Metals Supporting the rally in metal stocks, benchmark three-month copper prices on the London Metal Exchange jumped 6.7% to a record high of $13,967.50 a tonne, providing a strong tailwind to metal counters on Dalal Street.

Union Budget 2026: When is it presented? Date, time and key details

Finance minister Nirmala Sitharaman will present the Union Budget on February 1, a Sunday, marking her ninth consecutive presentation. This crucial document will detail the government's financial accounts, economic priorities, and policy direction. The Budget Session commenced on January 28, setting the stage for outlining the nation's growth roadmap and resource allocation strategies.

Arvind Swamy made sambar for team says Siddharth Jadhav

Actor Siddharth Jadhav shares his awe working alongside Vijay Sethupathi and Arvind Swamy in the upcoming silent film 'Gandhi Talks.' He recounts a heartwarming moment where Arvind Swamy prepared sambar for the entire unit, highlighting the stars' simplicity and deep trust in director Kishor Pandurang Belekar. The film explores societal values against Gandhi's ideals.

'Just spoke to Virat': Ashwin breaks silence on 'indirect attack' accusation

Ravichandran Ashwin and Virat Kohli, long-time teammates, shared a remarkable Test journey, achieving significant milestones together. Despite past reports of differing views on selection, their bond remains strong, as evidenced by a recent interaction where they laughed off fan-driven online rivalries. This highlights the enduring camaraderie between cricketing legends amidst fan-fueled debates.

Delhi High Court PROTECTS Jr. NTR’s identity

A leaked CBFC letter revealed 'Jana Nayagan' was initially cleared for U/A 16+ but faced an internal objection over religious harmony concerns. This led to a certification delay, prompting the producer to seek High Court intervention. The situation has escalated into public outrage and a debate on censorship.

Renault Duster 2026 First Look: What Stands Out, What Falls Short

The new Duster is finally here and we had spent some time with the car at its unveil event. The new Duster will come with three powertrains and one of them will be a strong hybrid which would be unique for its class. Here we list out what we like and what we don't. What We Like The new Duster looks good and draws a fine line between being a tough SUV along with not being too flashy. It is rugged looking and classy without being too aggressive. There is plenty of cladding and the slim headlamps are a nice tough while a healthy ground clearance of 212mm means has a nice stance as well. The interiors are feature packed with actually being better equipped than many of its rivals. The new Duster gets dual powered seats with ventilation, panoramic sunroof, powered tailgate, ADAS, air purifier, 360 degree camera, powered hand brake and more. Unlike some rivals, the new Duster has proper buttons on the centre console and that makes things easy. We found the interior to be logically laid out and with ample storage. The huge boot space of 700l is easily amongst the largest. There is plenty of power on offer with the 160ps turbo petrol which has 280Nm along with a 6 speed wet clutch automatic which makes sense for India. The strong hybrid is an asset here being fuel efficient, silent with an electric drive ranging for most of your city driving needs and will have high fuel efficiency. The new Duster looks to be tough and will be one of the more offroad oriented SUVs despite no AWD on offer. What We Don’t Like The new Duster rear seat falls short on space when compared to rivals with lesser legroom and width being narrow for three passengers. It is more of a four seater. Interior quality isn't the class best but is decent for the expected price range. The base 100 bhp turbo petrol is only available with a manual gearbox. Unlike the previous Duster there is no diesel on offer while the strong hybrid would be available later. Overall, there is plenty to like about the new Duster notably the design, features and the strong hybrid powertrain along with the turbo petrol which makes this an attractive package. Prices would be out in March while deliveries will start from March.

Dalal Street lost $360 billion in January, all eyes now on FM Sitharaman's Feb 1 speech

Indian markets are experiencing their weakest start to the year in a decade, with equities, the rupee, and bonds under pressure. Investors are anticipating the upcoming Union Budget to stimulate growth, boost consumption, and drive domestic manufacturing. Key areas of focus include increased defence spending, divestment in state-owned enterprises, and infrastructure development.

'Jana Nayagan' censor row: CBFC’s letter to the producer LEAKED

Thalapathy Vijay's film 'Jana Nayagan' faces a certification delay. A leaked letter revealed the CBFC initially approved a U/A 16+ rating. However, an internal objection citing religious harmony concerns has stalled the process. The producer is now considering approaching the Revising Committee instead of pursuing legal action. This situation impacts fans eagerly awaiting Vijay's last film before his political entry.

India Opens Doors To EU Banks: What The New Trade Deal Really Allows

EU banks will soon be able to expand their physical presence in India under the India-European Union Free Trade Agreement (FTA), marking a significant shift in the country’s approach to foreign bank access and financial services liberalisation.  Once the agreement comes into force, banks from the 27-nation EU bloc will be permitted to open up to 15 branches in India over a four-year period, reported Moneycontrol. This represents an expansion from the earlier cap of 12 branches that India had offered under the General Agreement on Trade in Services (GATS), signalling a more open and forward-looking stance as New Delhi seeks deeper economic engagement with Europe. What Has India Agreed To? According to an official government release, the proposed FTA introduces a liberalised framework for bank branch licensing. The revised cap will allow EU banks to open a maximum of 15 branches in India over four years, subject to domestic regulatory approvals. The government said India’s offer reflects recent reforms across the financial sector, including the decision to allow 100 per cent foreign direct investment (FDI) in the insurance sector and enhanced FDI limits of up to 74 per cent in banking. Officials view the move as part of a calibrated liberalisation strategy rather than a sudden opening of the sector. What Does The EU Get And What Does India Get Back? In return for easing access to its banking market, India has secured reciprocal treatment for its own lenders. Indian banks will not face any numerical restrictions on opening branches in EU member states, though they will continue to be governed by local regulatory requirements. At present, three Indian banks, State Bank of India, Bank of Baroda and Bank of India, operate in the EU, with a combined total of five branches. Additionally, State Bank of India maintains a representative office in the region. From the European side, five EU banks currently operate 33 branches in India, while 17 banks maintain representative offices. Financial Services: A Key Pillar Of The Deal The European Union has described the agreement as offering its companies “privileged access” to India’s services market, particularly in sectors such as financial services and maritime transport. “It has the most ambitious commitments on financial services by India in any trade agreement, going beyond what it has offered to other partners,” the EU said in a statement issued on January 27. The two sides have also agreed to cooperate on fast payments and real-time remittances, leveraging digital platforms such as India’s Unified Payments Interface (UPI). What Is Not On The Table The report cited a government official and clarified that India has not offered market access in legal services under the proposed agreement, indicating that sensitive professional services remain outside the scope of liberalisation for now. How Does This Compare With Other Trade Deals? India has extended an identical cap on bank branch openings to New Zealand under their trade agreement. India and New Zealand concluded negotiations for their FTA on December 22, 2025, after talks that began in March of the same year. Officials say this consistency reflects India’s intent to maintain a balanced approach to financial services access across trade partnerships. India and the EU concluded negotiations on January 27 on what both sides described as a 'historic, ambitious and commercially significant' trade agreement, the largest such deal ever concluded by either party. Negotiations were first launched in 2007, suspended in 2013, and revived in 2022. The final, 14th negotiating round took place in October 2025, followed by intensive technical and political discussions.