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Stock Market Live Updates: This week may appear to be a truncated one after the long weekend but it is not by any means. Starting with today's Nifty monthly expiry, the entire week has over 200 results to be reported, eventually culminating with the Union Budget presentation on Sunday, February 1. The Nifty heads into this all important week with 25,000 under threat of being broken again after another ₹16 lakh crore route last week. The index made a low last Friday of 25,025. Multiple moving parts grapple the markets. Geopolitical tensions, weakness in the rupee, lack of clarity over a US trade deal, among others. Stocks related to the EU-India trade agreement will be in focus today, along with multiple earnings reactions, ranging from Kotak Mahindra Bank, Axis Bank, Urban Company among others. Vodafone Idea, It is also an important earnings day with Asian Paints, Vodafone Idea, Tata Consumer, Motilal Oswal among others reporting results today. Watch this space for all the LIVE Updates.
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CNBC TV18•27-01-2026, 15:49

Nifty Recovers 300 Points, Sensex Gains; Axis, ICICI, SBI Lead Market Rally

  • •Indian equities saw a strong recovery, with Sensex rising 320 points to 81,857 and Nifty gaining 127 points to 25,175.
  • •Nifty Bank outperformed, climbing 732 points to 59,205; midcap index added 338 points.
  • •Axis Bank surged 5%, leading Nifty gainers, alongside Adani Enterprises, JSW Steel, Adani Ports, and Grasim.
  • •Auto stocks like Tata Motors PV, M&M, and Maruti Suzuki slipped up to 5% due to India-EU FTA competition concerns.
  • •Hind Zinc, MCX, UltraTech Cement, and Sona BLW posted significant gains, while CG Power fell post-results.

Why It Matters: Indian equities staged a strong recovery, driven by banking and select stocks, despite auto sector underperformance.

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