Market Trends

Indian stock markets start 2026 on a weak note, with 70 per cent of Nifty 500 stocks in red amid FII selling, global uncertainty, and tariff worries

At 10:21 AM on Wednesday, the Nifty Metal index was the top gainer among the sectoral indices up 2 per cent, as compared to 0.23 per cent decline in the Nifty 50

Union Bank of India surged 8%, while Bank of Maharashtra, Indian Bank, Indian Overseas Bank and Punjab & Sind Bank were up 4% each on the NSE in intra-day trade.

The stock price of the PSU company hit a fresh 52-week high at ₹1,159.15, and has zoomed 106 per cent from its October 2025 low of ₹561.70 on the BSE.

Axis Bank share price hit a 52-week high at ₹1,308.40 and was trading close to its record high of ₹1,339.55 touched on July 12, 2024 on the BSE.

Share price of Oil India hit an eight-month high of ₹467.30, gaining 4 per cent on the BSE in Wednesday's intra-day deals.

Since January 5, 2026, in the past six trading days, the stock price of Trent has declined by 13.5 per cent after the company reported lower-than-expected business growth.

With reference to news reports that Kuwait is discussing cancellation of oil project tenders worth $8.7 billion, L&T said the said project was not a part of its order book

Analysts attribute the pullback in Godfrey Phillips to value-buying, as the stock had shed nearly 50% in the last five months. ITC, meanwhile, has witnessed a gradual 29% dip from September 2024 high.

BSE stock rallies on NSE IPO hopes: The National Stock Exchange (NSE) plans to file its draft prospectus for its long-awaited public listing by the end of March, according to reports.

The stock price of National Aluminium hit a new high at ₹359.65 on Tuesday and has more-than-doubled or skyrocketed 157 per cent from its 52-week low of ₹140 touched on April 7, 2025.

Bajaj Finance stock is seen testing the 200-DMA for the first time since January 2025. That apart, Radico Khaitan is also seen testing the long-term moving average after a gap of 10 months.

SBI stock trend: In the past one month, SBI has outperformed the market and rallied 6 per cent, as against 1.6 per cent decline in the BSE Sensex.

In the past one month, Gujarat Ambuja Exports stock has rallied 18 per cent, as against 1.7 per cent decline in the BSE Sensex.

Traditionally, Q4 is seasonally strong for volume push, and thus, analysts expect most steel companies to foresee very sharp reversal in margins in Q4FY26.

In the past one week, the smallcap index tanked 6 per cent, as against the 2.9 per cent fall in BSE Sensex.

Manappuram Finance has denied media reports suggesting likely delay in its proposed transaction with Bain Capital, terming such reports as factually incorrect.

In the past one week, the stock price of BHEL, Hitachi Energy India, Siemens Energy India and Cummins India have declined between 7 per cent and 12 per cent.

In the past one month, Ashok Leyland has outperformed the market by surging 18 per cent, as compared to 1.3 per cent decline in the BSE Sensex.

In the past two trading days, the BSE Sensex has slipped 1.6 per cent owing to the US tariff related uncertainties. In the same period, the BSE 500 index has shed 2.1 per cent.