Market close today, Jan 27: The markets ended on a positive note, with the Sensex closing at 81,404.96, up 319.78 points or 0.39%, while the Nifty settled at 25,175.40, gaining 126.75 points or 0.51%.
From the Sensex pack, Axis Bank led the gainers with a rise of nearly 5%, followed by Adani Ports which gained about 4.5%. Tech Mahindra and Tata Steel were also among the top performers, each moving up close to 2.7%.
On the losing side, Eternal slipped around 1.5%, while Kotak Mahindra Bank declined over 2.4%. Asian Paints fell nearly 2.8%, and M&M was the biggest laggard, dropping more than 4%.
Key global and domestic cues to watch on January 27, 2025
Pre-market cues indicated a positive opening for Indian equities on Monday, as GIFT Nifty was trading around the 25,186 mark, up 0.38% in early trade, pointing to a steady start for the markets.
Investors are likely to keep a close eye on global signals, especially trends across Asian markets and Wall Street, amid renewed focus on tariff-related remarks from US President Donald Trump. Movements in the rupee and changes in commodity prices are also expected to influence market sentiment during the day.
All eyes on Union Budget this week
Market participants are likely to stay cautious this week as attention shifts to the Union Budget 2026. Finance Minister Nirmala Sitharaman will present the government’s revenue and spending plans for the 2026-27 financial year on February 1.
India-EU free trade deal nears announcement
India and the European Union have wrapped up negotiations on their long-pending free trade agreement, according to Trade Secretary Rajesh Agrawal. The deal is expected to be formally announced today, January 27. However, the agreement will be officially signed only after the legal review of the final text is completed. The talks around this pact have stretched for nearly 18 years, making it one of India’s longest trade negotiations.
Commerce Minister Piyush Goyal said both sides remain focused on finalising a broad trade agreement that could support businesses and economic activity in India and the EU. Responding to EU Trade Commissioner Maros Sefcovic on X, Goyal said, “Pleased to agree that sustained & constructive engagement between us & our teams over the past year has brought us closer to a fruitful outcome.”
Asian markets – Trump hikes tariff on South Korea
Asian markets started the day mixed. Japan’s Nikkei 225 fell 0.24% and the Topix slipped 0.31%. South Korea’s Kospi declined 0.36%. This is after US President Donald Trump hikes tariff on delay over trade deal approval. Auto stocks in South Korea, especially Hyundai, saw sharp fall in morning trade.
US markets
On January 26, US markets ended in the green. The S&P 500 rose 0.50%, the Dow Jones Industrial Average gained 0.64%, and the Nasdaq Composite advanced 0.43%.
FOMC meeting in focus
Globally, market attention is expected to remain on the US Federal Reserve’s two-day FOMC meeting scheduled for January 27–28, amid ongoing geopolitical concerns and renewed tariff threats from Donald Trump.
Apart from the policy meeting, key US data releases such as weekly jobless claims, monthly producer price inflation (PPI), and durable goods orders due this week are also likely to be in focus.
Global economic cues
Several key global data points are scheduled for release this week. Europe will publish its flash GDP growth estimates for the December quarter of CY25 along with the unemployment rate for December. Japan, meanwhile, will release the minutes of its recent monetary policy meeting, besides monthly retail sales and construction orders data.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.04% higher at 97.10 on Monday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.09% to close at 91.62 to the dollar on January 23.
Crude Oil
Crude oil pricescrude oil prices slipped in early Monday trade. US West Texas Intermediate fell about 0.15% to around $60.54 per barrel, while Brent crude declined nearly 0.25% to about $65.42 per barrel.
FII, DII data
Foreign investors sold Indian shares worth Rs 4,113 crore on January 23, while domestic institutional investors bought equities worth Rs 4,103 crore, as per provisional exchange data.
Gold rate today
Gold prices in India ended lower on Friday, with MCX gold falling Rs 378, or 0.24%, to Rs 1,55,963 per 10 grams, while silver prices moved higher, as MCX silver rose Rs 7,311, or 2.23%, to settle at Rs 3,34,600 per kg. Meanwhile, trading in commodity futures remained closed today due to the Republic Day 2026 holiday, with both morning and evening sessions on MCX shut, and trading in gold and silver set to resume on Tuesday, January 27, 2026.
Gold prices hit a fresh record high on Monday, with the yellow metal crossing the $5,100 per ounce mark. In the international market, as of the latest, gold was trading at $5,014 per ounce.
Top sectors in last trading session
In the last trading session, aquaculture stocks saw the biggest rise, with the sector gaining 6.17%. Non-ferrous metal stocks also moved higher, ending the session up 2.49%. Meanwhile, Real Estate Investment Trusts and Infrastructure Investment Trusts recorded a marginal increase of 0.47%.
Best and worst performing business group in last trading session
In the last trading session, stocks from the Vedanta Group moved higher, with the group’s market value rising by 2.74%, while the KK Birla Group also ended in the green with a gain of 1.40%. Shares of the Aarti Group saw a modest increase of 1.18%. On the downside, Essar Group stocks declined by 5.29%, Jaipuria Group slipped 5.33%, and Adani Group shares saw the sharpest fall, with the group’s market value dropping by 8.29%.