India’s benchmark Nifty 50 index pared most of its morning losses on January 29, 2026. As of 12:53 PM IST, the index was trading at 25,292 points, down only 0.2% (50.75 points) from the previous close of 25,342.75. Market sentiment improved as investors bought into dips.
India’s Nifty 50 index (.NSEI) showed resilience in midday trade on Thursday, January 29, 2026, paring most of its early-session losses. At 12:53 PM IST, the index was quoted at 25,292 points, down just 0.2% (50.75 points) compared to Wednesday’s close of 25,342.75.
Key highlights:
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Morning volatility: The index opened lower amid weak global cues but quickly recovered as investors bought into select large-cap stocks.
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Sectoral performance: Banking and IT counters provided support, while energy and FMCG stocks remained under mild pressure.
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Investor sentiment: Traders cited optimism around domestic earnings and steady foreign inflows as factors helping the market stabilize.
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Broader market: Mid-cap and small-cap indices also pared losses, reflecting improved risk appetite.
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Global backdrop: Asian markets traded mixed, with concerns over U.S. Federal Reserve policy and commodity price swings influencing sentiment.
Market analysts suggest that while volatility may persist, the Nifty’s ability to recover intraday losses signals underlying strength in domestic equities. Investors are closely watching corporate earnings and macroeconomic data for further direction.
Sources: NSE India, Moneycontrol, Economic Times, Bloomberg