Stock Market Close: Nifty logs worst month since Feb 2025; Sensex down 297 pts today; Metals plunge
Sensex Today | Stock Market Highlights: NSE and BSE will remain open on Sunday, February 1, for a special trading session as the Finance Minister will announce the Union Budget 2026
 "Stock Market LIVE Updates")
Nifty and Sensex snapped three-day winning streak
Stock Market Highlights, Friday, January 30, 2026: Indian equity markets snapped a three-day winning streak on Friday as investors turned cautious ahead of the much-awaited Union Budget 2026, scheduled to be announced over the weekend.
At market close, the Nifty 50 ended 0.39 per cent or 98.25 points down at 25,320.65, and the Sensex was 0.36 per cent or 296.59 points down at 82,269.78. For the month, the Nifty was down 3.1 per cent, the worst since February 2025, when it fell over 5.8 per cent.
Among the Sensex constituents, Tata Steel, Power Grid, ICICI Bank, HCL Tech, and Tech Mahindra were the top laggards, trading with losses of up to 5 per cent. On the other hand, M&M, SBI, ITC, HUL, BEL, and Titan were leading the gains, rising by up to 1.3 per cent.
The broader markets ended on a mixed note on Friday. The Nifty Midcap 100 was down 0.19 per cent, while the Nifty Smallcap 100 index was up 0.32 per cent. Sectorally, the Nifty Metal index was the top loser, down over 5 per cent, followed by the Nifty IT index, down 1 per cent. Nifty Media and Nifty FMCG were the top gainers.
National bourses will remain open on Sunday, February 1, for a special trading session as the Finance Minister will announce the Union Budget for the financial year 2026-27 (FY27). The exchanges will conduct their pre-market operations between 9:00 AM and 9:08 AM, with the normal operations running from 9:15 AM to 3:30 PM.
On Thursday, the Economic Survey 2026 projected GDP growth at 7.4 per cent for FY26 and 6.8-7.2 per cent for FY27, supported by easing inflation, resilient domestic demand and continued fiscal discipline.
3:48 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: Nifty continues to trade in a consolidation phase, with a mildly bearish to neutral undertone. The 200-day exponential moving avergae (EMA) near 25,170 is holding firmly, indicating that the broader structure remains intact unless this level is decisively breached. Momentum indicators remain subdued, with RSI in the low-40s, signaling weak momentum and lack of confirmation for a bullish reversal. This suggests the index is more likely to remain range-bound rather than enter a sharp corrective phase. Support is placed at 25,150–25,200, while resistance stands at 25,370–25,400, coinciding with the 20-EMA on the 4-hour chart, a zone that has repeatedly capped recovery attempts. A sustained close above resistance could trigger a pullback rally towards 25,500–25,600, whereas a break below support may extend weakness towards the 25,000 psychological level. Overall sentiment favors range-trading strategies until a decisive breakout or breakdown provides clarity.
View by: Ponmudi R, CEO, Enrich Money
View by: Ponmudi R, CEO, Enrich Money
3:46 PM
Stock Market LIVE Update: Market expert's quote
Stock Market LIVE Updates: Indian equity markets remained volatile ahead of the Union Budget, with benchmark indices dragged lower by weakness in IT and metal stocks. The IT sector lagged due to global growth concerns and higher US bond yields, while gold and silver declined amid a stronger dollar. Persistent FII selling and continued rupee depreciation kept market sentiment cautious. With geopolitical risks and global tariff pressures rising, the Union Budget is keenly awaited for cues on growth support and fiscal discipline. Globally, although a deal to avert the latest US government shutdown provided temporary relief, markets remain watchful ahead of the appointment of a new Federal Reserve Chair, as a more hawkish stance could tighten liquidity and weigh on emerging markets.
View by: Vinod Nair, head of research, Geojit Investments
View by: Vinod Nair, head of research, Geojit Investments
3:44 PM
Stock Market LIVE Updates: Sectoral performance at close
Stock Market LIVE Updates: The Nifty Metal index slumped over 5 per cent and emerged as the worst performing sectoral index at close.
3:42 PM
Stock Market LIVE Updates: Broader markets at close
Stock Market LIVE Updates: The Nifty Midcap 100 ended 0.19 per cent down, and the Nifty Smallcap 100 settled 0.32 per cent higher.
3:39 PM
Stock Market LIVE Update: Sensex detractors and contributors at close
Stock Market LIVE Updates: Tata Steel, Power Grid Corporation, and ICICI Bank shares weighed on the benchmark Sensex.
3:36 PM
Stock Market LIVE Updates: Sensex settles lower
Stock Market LIVE Update: The Sensex ended 0.36 per cent or 296.59 points down at 82,269.78.
3:34 PM
Stock Market LIVE Updates: Nifty ends lower
Stock Market LIVE Updates: The Nifty 50 ended 0.39 per cent or 98.25 points down at 25,320.65.
3:19 PM
Stock Market LIVE Updates: BPCL, NTPC, Gillette India, 43 others go ex-date next week
Stock Market LIVE Updates: Investors seeking passive income through equity markets are likely to remain active next week, from Monday, February 2 to Friday, February 6, 2026, as shares of Bharat Petroleum Corporation, NTPC, REC, ITC, Metro Brands, Cochin Shipyard, and 39 other companies are set to trade ex-dividend following their dividend announcements for their shareholders. READ MORE
3:12 PM
Stock Market LIVE Updates: Nalco Q3FY26 net profit up 11%
Stock Market LIVE Updates: Nalco's net profit for the third quarter came in at ₹1,595 crore, up 11 per cent from ₹1,430 crore in the same period last year. Meanwhile, revenue was up 10.2 per cent at ₹4,731 crore.
3:08 PM
Stock Market LIVE Updates: Technical view on Bank Nifty
Stock Market LIVE Updates: Bank Nifty has reclaimed its falling trendline breakout zone and is now sustaining above its short-term 20-day and 50-day moving averages, indicating improving price structure. Momentum indicators are also supportive, with RSI witnessing a bullish crossover, suggesting strengthening upside bias.
However, on the derivatives front, the 60000 strike holds the highest open interest from both call and put writers, making it a crucial pivot level. Being a high-beta index, volatility is expected, with support placed at 59000 and resistance near 60400 levels."
View by Vatsal Bhuva, Technical Analyst at LKP Securities
Topics : Sensex Stock Market Today Markets Asian markets US markets NSE BSE Nifty Gift Nifty MARKET WRAP
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First Published: Jan 30 2026 | 7:20 AM IST