Stock Market Highlights, Wednesday, January 29, 2025: Benchmark equity indices, the BSE Sensex and NSE Nifty50, extended gains for the second consecutive session to settle in the green on Wednesday. The 30-share Sensex advanced 631.55 points, or 0.83 per cent, to settle at 76,532.96 after climbing to the day's high of 76,599.73.
Mirroring the Sensex, the NSE Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10. The index traded in a range of 23,183.35 to 22,976.50 on Wednesday. The day ended in favour of the bulls as 42 out of the 51 constituent stocks of the Nifty50 ended in positive territory, with gains led by Shriram Finance, Bharat Electronics, Tata Motors, SBI Life, and Trent, which ended higher by up to 3.98 per cent. Bharti Airtel, ITC Hotels, Maruti Suzuki India, Britannia, and Asian Paints, on the other hand, were among the 8 stocks that ended lower, with losses extending up to 3.53 per cent. Notably, ITC Hotels shares made their D-Street debut today, following its demerger from ITC's other businesses. The broader markets outperformed the benchmarks, with smallcap shares leading the charge as the Nifty Smallcap100 index settled higher by 3.32 per cent. Meanwhile, the Nifty Midcap100 ended with a gain of 2.31 per cent. The fear index, India VIX, which measures volatility in the markets, ended up 2.44 per cent at 18.64 points. All sectoral indices, except FMCG, ended with gains. Notably, the Nifty IT index ended higher by 2.62 per cent, with gains led by Persistent Systems and LTIMindtree. Among others, Nifty Auto, Healthcare, Financial Services, Realty, and Banking indices ended higher by up to 2.91 per cent.