Nifty Reclaims 25,400 as L&T, Tata Steel Lead Market Gains

• Indian equity benchmarks BSE Sensex and NSE Nifty closed higher on Thursday, January 29.
• Nifty reclaimed the 25,400 level, ending at 25,419, while Sensex rose 222 points to 82,566.
• L&T, Tata Steel, and Coal India were among the top gainers, with L&T rising 4% post-Q3 results.
• Nifty Bank outperformed, gaining 359 points, led by Axis Bank, AU Small Finance Bank, ICICI Bank, and Federal Bank.
• Asian Paints and Maruti Suzuki were major laggards, with Asian Paints sliding nearly 11% over four sessions.

Why It Matters: Indian markets closed higher, driven by strong performances from key stocks and the banking sector.