FinNifty Trades Higher Even as Markets See Heavy Losses in January 2026

Indian equity markets experienced their worst weekly performance since September, with BSE-listed companies losing around ₹15 lakh crore in market capitalisation, while the Nifty 50 slipped to two-month lows and 35 stocks declined by up to 10%. 

At 2:43 PM, FinNifty Index was up 0.31% and was trading at 27467.4, up from the previous close of 27,382.10. The top stocks listed on the index, including HDFC Bank and ICICI Bank, had reported modest gains. 

Latest Developments in FinNifty Index Stocks

• Power Finance Corporation (PFC) announced a public issue of secured non-convertible debentures (NCDs) worth up to ₹5,000 crore, with tenors ranging from 5 to 15 years and yields up to 7.30%.
• Shriram Finance recorded a 72.40% rise in its share price in 2025, supported by MUFG’s investment for a 20% stake and growth in assets under management during the year.
• REC completed the transfer of two power transmission subsidiaries to successful bidders, with operations of the entities scheduled to cease on January 9, 2026.
• BSE launched a new index designed to track derivative stocks within the BSE 500 universe, aimed at improving monitoring of derivative-linked market activity.
• Bajaj Finserv and its promoter group acquired a 97% stake in insurance joint ventures from Allianz SE, ending a two-decade partnership, with plans in place to buy back the remaining 3% stake.
• ICICI Prudential Life Insurance reported consistent premium growth in December 2025, indicating steady business momentum in the life insurance segment.

Read more: SBI Warns Customers Against AI-Powered Deepfake Scams: What You Need to Know.

Conclusion

Overall, FinNifty showed relative resilience despite sharp weakness in the broader market. Modest gains in heavyweight banks and steady developments across financial services stocks helped support the index. Corporate actions, capital-raising activity, and business updates indicate continued sector-level activity, even as investors remain cautious amid ongoing market volatility and mixed global cues.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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