Stock markets bounce back on buying in metal, bank stocks; optimism over India-EU FTA

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Axis Bank jumped implicit    4% aft  the steadfast  reported a 4% maturation  successful  its December 4th   nett  net  to ₹7,010.65 crore against ₹742.99 crore successful  the year-ago period. File

Axis Bank jumped implicit 4% aft the steadfast reported a 4% maturation successful its December 4th nett net to ₹7,010.65 crore against ₹742.99 crore successful the year-ago period. File | Photo Credit: Getty Images/iStockphoto

Equity benchmark indices Sensex and Nifty ended higher successful highly volatile commercialized connected Tuesday (January 27, 2026), buoyed by dense buying successful slope and metallic stocks, a steadfast inclination successful planetary markets and optimism implicit India-EU FTA.

The 30-share BSE Sensex climbed 319.78 points, oregon 0.39%, to settee astatine 81,857.48. During the day, it deed a precocious of 82,084.92 and a debased of 81,088.59.

The 50-share NSE Nifty surged 126.75 points oregon 0.51% to extremity astatine 25,175.40.

From the 30-Sensex firms, Adani Ports, Axis Bank, Tata Steel, Tech Mahindra, NTPC, State Bank of India, UltraTech Cement and Bharat Electronics were among the biggest gainers.

Axis Bank jumped implicit 4% aft the steadfast reported a 4% maturation successful its December 4th nett net to ₹7,010.65 crore against ₹742.99 crore successful the year-ago period.

In contrast, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints, Eternal and ITC were among the laggards.

Also Read | India-EU Summit LIVE updates

India and Europe connected Tuesday (January 27, 2026) announced the sealing of an ambitious escaped commercialized statement — billed arsenic "mother of each deals" — that came against the backdrop of a fractious planetary situation and commercialized disruptions mostly caused by Washington's argumentation connected tariffs.

India has concluded the biggest Free Trade Agreement (FTA) successful its past with the European Union, Prime Minister Narendra Modi said aft holding acme talks with the 27-nation bloc's apical leaders, Ursula von der Leyen and Antonio Costa.

"Indian equities continued to commercialized with a measured and cautious undertone. The finalisation of the India-European Union bilateral commercialized statement lent immoderate enactment to capitalist sentiment amid a broader risk-off situation triggered by U.S. tariff measures.

"However, sustained selling by overseas portfolio investors and muted third-quarter firm net maturation capped immoderate meaningful upside successful home equities," Ponmudi R, CEO of Enrich Money, an online trading and wealthiness tech firm, said.

Foreign Institutional Investors (FII) offloaded equities worthy ₹4,113.38 crore connected Friday (January 23, 2026), portion Domestic Institutional Investors (DIIs) bought stocks worthy ₹4,102.56 crore, according to speech data.

Equity markets were closed connected Monday (January 26, 2026) for Republic Day.

In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite scale and Hong Kong's Hang Seng scale ended higher.

Markets successful Europe were trading connected a mixed note.

U.S. markets ended higher connected Monday (January 26, 2026).

Brent crude, the planetary lipid benchmark, dipped 0.15% to $65.49 per barrel.

On Friday (January 23, 2026), the Sensex tumbled 769.67 points oregon 0.94% to adjacent astatine 81,537.70. The Nifty dived 241.25 points oregon 0.95% to settee astatine 25,048.65.

Published - January 27, 2026 04:48 p.m. IST

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