The Indian benchmark index closed on 31 January with a lead in the fourth consecutive day. Due to the Economic Survey, the market was seen in the market today. The Sensex gained 740.76 points or 0.97 percent to 77,500.57, while the Nifty climbed 258.90 points or 1.11 percent to close at 23,508.40. A total of 2,635 shares were up, 1,131 shares declined, while 120 shares did not change.
The top gainers on the Nifty included Tata Consumer, Trent, Bharat Electronics, Nestle India and L&T, while the shares that suffered losses were Bharti Airtel, ICICI Bank, Bajaj Finserv, Apollo Hospitals and JSW Steel. All the sectoral index closed in the green mark. Consumer Durables, Oil & Gas, Power, PSU, Realty and FMCG climbed up to 2 percent, while the Capital Goods index increased by about 4 percent.
According to the Economic Survey, India’s GDP growth is expected to be 6.3-6.8 percent in 2025-26, the base of which will be strong economic foundations, balanced fiscal consolidation and stable personal consumption. It said, “The foundation of the domestic economy remains strong, including strong external account, balanced fiscal consolidation and stable private consumption. Keeping all these factors in mind, we hope that the increase in FY 2026 will be between 6.3 and 6.8 percent. ”
In the 30-share blue-chip pack, Larsen & Toubro rose 4.31 percent, as the infrastructure and engineering sector recorded a 14 percent increase in its consolidated net profit in the December quarter, reaching Rs 3,359 crore. The Nestle rose 4.25 percent, as the FMCG chief recorded a net profit of 4.94 percent in the quarter ended December 31, 2024, which stood at Rs 688.01 crore.
Other major edge stocks included IndusInd Bank, Titan, Tata Motors, Tael Steel, ITC and Maruti. ITC Hotels, Bharti Airtel, Bajaj Finserv, Bajaj Finance and ICICI Bank were in disadvantage.
In January, the BSE benchmark Sensex fell 638.44 points or 0.81 percent, while the Nifty fell 136.4 points or 0.57 percent. Taking vigilance about the high evaluation of the stock market, the Economic Review said on Friday that any decline in American markets could affect India, where the participation of young investors has increased after Kovid.
Over the years, retail participation, especially young investors, have increased considerably in the stock market. Investors’ participation increased from 4.9 crores in FY 2020 to 13.2 crore by December 31, 2024.
On the other hand, when the Nifty 50 declined by more than 10 percent, in 13 of the 51 cases, S&P 500 gave positive returns, with an average return -5.5 percent.
In Asian markets, Tokyo closed in green mark, while Seoul saw a decline. The markets of Shanghai and Hong Kong remained closed due to holiday. European markets saw a boom. The US markets closed in a positive area on Thursday. Foreign institutional investors (FIIs) sold shares worth Rs 4,582.95 crore on Thursday. Global oil benchmark Brent crude fell 0.26 percent to US $ 76.64 per barrel.
The 30 -share BSE Sensex rose 226.85 points or 0.30 percent to close at 76,759.81 on Thursday. The Nifty rose 86.40 points or 0.37 percent to close at 23,249.50. Explain that the stock market will be open on Saturday due to the introduction of the Union Budget.