Today’s stock market: two -day losing, Indian stock market benchmark -SENSEX and Nifty 50- have been closed on a positive area on Tuesday, January 28.
SENSEX rose to 75,659 (1.5 %) to 76,512.96, at 75,659 (1.5 %) at 75,366.17. Nifty 50 opened 22,960.45 from the end of 22,829.15, jumping 309 points (1.4 %) to 23,137.95.
However, both indexes have been deleted. Finally, SENSEX closed 535 points (0.71 %) at 75,901.41, but Nifty 50 increased 22,957.25, 128 points, that is, 0.56 % closed.
However, the intermediate and small segments have been low. The BSE MIDCAP index was closed with a loss of 0.61 %, but the BSE Smallcap index settled 1.77 % lower.
Due to the loss of intermediate and small segments, the overall market capitalization of companies listed in BSE has decreased by almost decreased. £From 4.09 million lpies £In the previous session, the investor lost 4.1 million, lost it £1 trillion a day.
Today’s sector index
Nifty Realty Index exceeded 2 %, and Nifty Bank, PSU Bank, Private Bank, and Financial Services Indices have risen by nearly 2 %. Nifty Auto Index has risen in a percentage.
Among the losers, the nifty pharmaceutical decreased by more than 2 %, and the nifty media index has decreased in percentage.
What is the increase in the Indian stock market today?
Experts pointed out the following five factors that promote the market more high. Let’s take a look:
1. Bank heavyweight profit
Banks and financial stocks, which have a considerable weight on the benchmark index, have strongly boosted the market.
HDFC Bank, ICICI Bank, AXIS Bank, and Bajaj Finance have ended as Sensex and Nifty 50 profits.
After the announcement of a series of foreign exchange and money markets in which India Reserve Bank (RBI) was in a group, the Nifty Bank’s attentive gold fusion service index increased almost 2 %. £1.5 trillion over time.
RBI stated that it would buy the value of government securities (G-SECS). £60,000 crawls through the open market operation (OMO) in three transche £Each is 20,000 crawls. The OMO auction will be held on January 30, 13 and 20.
2. Rebound in the excess sales market
After two loss sessions, experts hoped that the market would recover. Most experts believe that the recent decline in the Indian stock market is an opportunity to buy high -quality stocks for long -term structural growth stories in the Indian economy.
“The market demonstrates the recovery power supported by the participation and the improvement of the foundation. The evaluation is not extreme, but supported by the ownership of healthy corporate revenue, powerful ROE, and low FII. The story of the long -term structural growth story of the Indian economy tells Mint.
3. Fair evaluation of large caps
NIFTY 50 is now decreasing by 12 % in history. This significant correction has led to a fair level of market evaluation, causing selective purchases on large dip caps.
“After the correction, the market is traded with a fair (10 -year) average, and investors can basically use the opportunity to buy powerful and high -quality stocks. Geojit. VK VIJAYAKUMAR, Chief Investor of Financial Services::
4. Meeting before the budget
Investors are on the budget of 2025, and the Finance Minister Nirmara Citaraman will be presented on February 1. Expectations for the government to maintain financial caution and promote consumption and economic growth.
“The Federation Budget 2025 focuses on the revival of demand, the economic expansion, and the strengthening of investors’ trust. It is also expected to take measures to support private investment, such as incentives under the PLI scheme and public -private partnerships. Narinder WadHwa, a manager and CEO of SKI Capital, may stabilize the emotions in the stock market if the budget deficit is managed effectively.
5. Technical factor
Osho Krishnan, a senior technical and derivative analyst of Angel One, pointed out that it is important for support near the inclined tendency of “Falling Wedge”.
“At the forefront of the level, 22,800 remains an important support zone. On the other side, 23,100-23,150 seems to be the middle hurdle, but the terrible resilience can be found at about 23,350-23,400. Wright feelings in the market, “said Krishnan.
“Nifty remained volatile throughout the session before falling below 23,000. We strengthened the weakness in the market. In the near future, the index may be less than 23,000 on a closing basis. “, LKP Securities Senior Technical Analyst.
“In terms of negative aspects, immediate support is 22,800, and violations that are lower than this level may decrease to 22,500. Conversely, if it exceeds 23,000, short -term rescue can be obtained in the market.” DE said.
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Disclaimer: The above views and recommendations are not mint, but individual analysts, experts and securities companies. Before investing, give advice to investors to consult a certified expert.
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