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 ended the first session of the week on a positive note, fueled by the historic India-EU Free Trade Agreement. Market sentiment was driven by optimism over the mother of all deals’ potential to boost trade and manufacturing across the combined 1.8-billion-strong market. The rupee strengthened to 91.72 against the US Dollar, while gold stayed near record highs and silver gained to continue its record run.

Key Indices – Share Market

Today’s Top News from the Indian Share Market

Axis Bank Ltd.AXISBANK₹1,315.80 +4.59%

Axis Bank shares rallied after it reported Q3FY26 financial results. The bank’s total income rose 4.98% to ₹40,898.41 crore, while net profit grew 4.16% to ₹7,044.42 crore, up from ₹6,763.10 crore in the same period last year.

Waaree Energies Ltd.WAAREEENER₹2,695.20 +3.69%

Waaree Energies’ wholly-owned subsidiary, Waaree Forever Energies, incorporated a new subsidiary named Decarbon X Projects Private Limited. The certificate of incorporation was received today, marking a fresh step in the company’s expansion.

Bharat Petroleum Corporation Ltd.BPCL₹357.40 +2.36%

BPCL Q3FY26 revenue climbed 7.13% to ₹1,37,298.79 crore, while profit surged 88.87% to ₹7,188.40 crore. Additionally, the company declared a second interim dividend of ₹10 per equity share.

UltraTech Cement Ltd.ULTRACEMCO₹12,589.00 +1.78%

UltraTech Cement moved higher on solid Q3FY26 earnings. The company reported a 22.5% rise in revenue to ₹21,506 crore and a 32% year-on-year jump in profit to ₹1,792 crore.

Hindalco Industries Ltd.HINDALCO₹961.85 +1.22%

Hindalco announced a ₹21,000-crore smelter expansion and commissioning of new FRP and battery foil facilities in Odisha. Part of a ₹37,000 crore investment plan, these projects aim to halve import dependence and support India’s EV ecosystem.

Broader Market Performance Today

Nifty Midcap 150NIFTY MIDCAP 150₹21,119.10 +0.53%

Nifty Smallcap 250NIFTY SMLCAP 250₹15,345.50 +0.20%

India VIXINDIA VIX14.45 +1.83%

Top Performing Sectors Today

*Prices shown may have delay up-to 15 minutes

Today’s Top Gainers and Losers

*Prices shown may have delay up-to 15 minutes

FII DII Activity (₹ Cr)

Date FII (Net Value)DII (Net Value)
23 Jan 2026-4,113.384,102.56
22 Jan 2026-2,549.804,222.98
21 Jan 2026-1,787.664,520.47
20 Jan 2026-2,938.333,665.69
19 Jan 2026-3,262.824,234.30
Month-to-Date-40,704.3954,822.71

What’s Happening Beyond Markets?

  • India and the EU have sealed a landmark Free Trade Agreement (FTA), hailed as the “mother of all deals.” This strategic breakthrough concludes negotiations and significantly enhances India’s global trade engagement, marking a historic step in economic cooperation.
  • Luxury European automobiles, including Mercedes-Benz, BMW, Audi, and Ferrari, are set to become cheaper in India. This price reduction is a direct result of the newly concluded FTA, which is expected to lower import duties on high-end vehicles.
  • Union Minister Hardeep Singh Puri stated that India saved USD 19.3 billion in forex through 20% ethanol blending. Additionally, the government has set an ambitious target of reaching 100 GW of nuclear power capacity by 2047 to ensure long-term energy security.
  • Artificial Intelligence is projected to contribute approximately USD 607 billion to the Indian economy by 2035. According to a recent report by PwC, this growth will be driven by AI adoption across key sectors such as agriculture, healthcare, energy, education, and manufacturing.

Result Update

Track who beat or missed street estimates from the Nifty50

StocksRevenue Q2FY26 (Estimated)Revenue Q2 FY26 (Actual) Change (%)
JSW Energy Ltd.₹44,316.96 crore₹45,991 crore🔼 3.78%
Bharat Petroleum Corporation Ltd.₹1,08,352.38 crore₹1,36,653.12 crore🔼 26.12%
Godrej Consumer Products Ltd.₹4,118.52 crore₹4,099.12 crore🔻 0.47%

Back to Basics

Terms that put you one step ahead – every day

What is an Operating Margin?

Operating Margin measures the profit a company makes on every rupee of sales after paying for variable costs like production and wages, but before paying interest or taxes. It indicates how efficiently a company manages its day-to-day expenses.

Operating Margin looks strictly at operational efficiency, ignoring financial engineering or tax benefits. For investors, Operating Margin is a reflection of competitive power. A high margin suggests the company has strong pricing power or excellent cost control, providing a crucial safety buffer against tough economic times that paper-thin margins just can’t offer.

Corporate Actions 

StockEx-DateRecord DateEvent TypeEvent Details
IIFL Finance Ltd.29 Jan 202629 Jan 2026Interim Dividend₹4.00
Jindal Stainless Ltd.29 Jan 202629 Jan 2026Interim Dividend ₹1.00
Zensar Technologies Ltd.29 Jan 202629 Jan 2026Interim Dividend₹2.40

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.