Sensex Rises Nearly 500 Points as India–EU Trade Hopes Lift Markets, Investors Gain ₹6 Lakh Crore

Indian equity markets continued their upward momentum on Wednesday, January 28, supported by positive domestic and global cues. Both benchmark indices closed firmly in the green for the second consecutive session.

The Sensex rose 487 points (0.60%) to 82,344.68, while the Nifty 50 gained 167 points (0.66%) to settle at 25,342.75.

Mid and Small-Cap Stocks Outperform

Broader markets outshone the benchmarks. The BSE Midcap 150 index jumped 1.69%, while the Smallcap 250 index climbed 1.81%, indicating strong buying interest beyond large-cap stocks.

Investor Wealth Jumps by ₹6 Lakh Crore

The strong rally added significant value for investors. The total market capitalisation of BSE-listed companies rose to nearly ₹460 lakh crore, up from about ₹454 lakh crore in the previous session, an increase of around ₹6 lakh crore in a single day.

What Drove the Market Higher?

Market sentiment was lifted mainly by optimism around the India–EU Free Trade Agreement (FTA). Short covering, a weaker US dollar, and supportive global markets further boosted confidence.

Top Gainers in the Nifty 50

Out of 50 stocks, 32 ended higher. The top performers included:

• Bharat Electronics (BEL) – up over 9%
• ONGC – up over 8%
• Coal India – up more than 5%

Top Losers in the Index

Some stocks saw profit booking. The biggest laggards were:

• Tata Consumer Products
• Asian Paints
• Maruti Suzuki India

Sectoral Performance

Most sectoral indices ended higher.

• Nifty Oil & Gas led gains, rising over 3%
• Metal, Media, PSU Bank, and Realty also posted strong gains

However, FMCG, Pharma, and Healthcare ended slightly lower.

Market Activity and Breadth

• Vodafone Idea, Tata Silver ETF, and Tata Gold ETF were the most actively traded stocks by volume.
• Market breadth remained strong, with over 2,900 stocks advancing and about 1,300 declining on the BSE.

Also Read: Silver ETFs Gains in 2026: Tata Silver ETF FoF, Nippon India Silver ETF and Others!

Highs, Lows, and Sharp Movers

• 17 stocks jumped more than 15%, including Infobeans Technologies and Mahindra Logistics.
• Around 86 stocks hit fresh 52-week highs, while 261 stocks touched 52-week lows.

Conclusion

The Indian stock market delivered a strong performance, driven by India–EU trade optimism, positive global cues, and broad-based buying. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private 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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.