Nifty 50, Sensex Extended Gains; Rupee hit a record low of ₹91.7 against the dollar & More

Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.

Nifty 50 and Sensex extended gains on Wednesday, January 28, driven by a rally in energy, oil & gas and metal stocks. Conversely, the Indian rupee slumped to a record low of ₹91.7 against the US Dollar, weighed down by massive capital outflows and uncertainty over the US response to India’s EU trade deal. Meanwhile, Gold breached $5,200, and Silver surged to nearly $115 per ounce, driven by Washington’s policy uncertainty and aggressive demand from Chinese investors.

Key Indices – Share Market

Today’s Top News from the Indian Share Market

CGPOWER₹581.95 +9.67%

CG Power and Industrial Solutions reported Q3FY26 results, with revenue rising 27.56% YoY to ₹3,251.76 crore and profit jumping 19.37% to ₹283.91 crore. Aggregate sales grew 26% to ₹3,175 crore, and the company declared an interim dividend of ₹1.30 per share.

MOTILALOFS₹790.15 +7.93%

Motilal Oswal Financial Services posted revenue of ₹2,120.16 crore for Q3FY26, a 5% increase from ₹2,019.05 crore last year. Profit remained flat at ₹566.17 crore compared to ₹566.00 crore YoY. The company has declared an interim dividend of ₹6 per equity share.

GAIL₹168.14 +5.10%

GAIL has signed a term sheet with “K” LINE and J M Baxi Marine for equity participation in a Singapore-based shipping company, securing a long-term LNG vessel charter from 2027. Additionally, GAIL partnered with MOL to charter a new LNG carrier, “GAIL BHUWAN,” strengthening India’s energy logistics.

TVSMOTOR₹3,728.40 +4.50%

TVS Motor Company delivered Q3FY26 numbers, with revenue surging nearly 33% to ₹14,745.22 crore from ₹11,099.99 crore YoY. Profit saw an impressive jump of over 46%, reaching ₹891.26 crore compared to ₹609.35 crore in the same period last year.

IDEA₹9.95 +1.22%

Vodafone Idea’s revenue grew marginally by 1.31% to ₹11,516 crore, while its net loss narrowed to ₹5,286 crore from ₹6,609 crore in the previous year. The telecom operator reported an EBITDA of ₹4,816 crore for the quarter.

Broader Market Performance Today

NIFTY MIDCAP 150₹21,460.95 +1.62%

NIFTY SMLCAP 250₹15,639.55 +1.92%

INDIA VIX13.53 -6.37%

Top Performing Sectors Today

Top Gainers

Company	Today’s Chg	LTP
Nifty EnergyNIFTY ENERGY	+4.18%+1392.35	34685.45
Nifty Oil & GasNIFTY OIL AND GAS	+3.40%+386.35	11762.90
Nifty MetalNIFTY METAL	+2.34%+276.80	12106.45

Top Losers

Company	Today’s Chg	LTP
Nifty Healthcare IndexNIFTY HEALTHCARE	-0.20%-27.90	13923.95
Nifty PharmaNIFTY PHARMA	-0.22%-48.60	21739.85
Nifty FMCGNIFTY FMCG	-0.71%-364.30	50985.45

*Prices shown may have delay up-to 15 minutes

Today’s Top Gainers and Losers

Top Gainers

Company	Today’s Chg	LTP
Tejas Networks Ltd.TEJASNET	+14.49%+42.90	339.05
Data Patterns (India) Ltd.DATAPATTNS	+13.63%+313.20	2610.60
Hindustan Copper Ltd.HINDCOPPER	+12.67%+71.25	633.40
Olectra Greentech Ltd.OLECTRA	+10.21%+100.80	1088.40
Schneider Electric Infrastructure Ltd.SCHNEIDER	+10.20%+64.60	697.70

Top Losers

Company	Today’s Chg	LTP
Radico Khaitan Ltd.RADICO	-6.06%-177.20	2746.80
Home First Finance Company India Ltd.HOMEFIRST	-4.86%-60.80	1190.90
Tata Consumer Products Ltd.TATACONSUM	-4.68%-55.60	1131.80
Asian Paints Ltd.ASIANPAINT	-4.23%-111.00	2511.80
Vishal Mega Mart Ltd.VMM	-4.13%-5.16	119.86

*Prices shown may have delay up-to 15 minutes

FII DII Activity (₹ Cr)

What’s Happening Beyond Markets?

• The Indian rupee has slumped to a record low of 91.7 against the dollar, driven by massive capital outflows. With uncertainty surrounding the US response to India’s EU trade deal, investors are cautious despite strong domestic PMI figures.
• Silver surged to nearly $115 per ounce, driven by US President Trump’s comments on a weaker dollar. The rally is largely fueled by intense demand in China, where retail investors are aggressively shifting from jewellery to investment-grade silver bars.
• Gold breached $5,200 per ounce, hitting record highs amid Washington’s policy uncertainty. Robust central bank buying and fears regarding the Federal Reserve’s independence are driving investors to prioritise the metal as a safe haven.
• As per a report by Crisil Ratings, the ongoing unrest in Iran poses no significant threat to India’s economy due to limited trade exposure. The agency states that India remains insulated from this geopolitical instability, as bilateral trade volumes are not substantial enough to disrupt domestic growth.

Result Update

Track who beat or missed street estimates from the Nifty50

Back to Basics

Terms that put you one step ahead – every day

What are Treasury Bills?

Treasury Bills are short-term debt securities issued by the government with maturities ranging from a few days to one year. Because they are backed by the government, they are considered one of the safest investments available.

Simply put, it’s like lending money to the government for a guaranteed return. Instead of paying regular interest, T-Bills are sold at a discount. You might buy a bill for $980, and when it matures, the government pays you the full $1,000 face value. The profit is the difference.

For investors, T-Bills are the ultimate safe haven. They provide a secure place to park cash and earn yield without the fear of default, serving as a stable anchor for a portfolio when stock markets become volatile or unpredictable.

Corporate Actions 

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back to cut through the noise, so you can focus on investing intelligently.