Stock Market Highlights: Sensex gains 400 points, Nifty 50 ends up 0.5%; Dr Reddy's, BEL, Adani Ent lead gains

Live updates on this blog have ended. Follow the latest stock market updates for 23 January 2026 here.

Today, the Indian stock markets experienced a robust rebound after experiencing significant declines in earlier sessions. The Sensex increased by 0.49% to reach 82,307, while the Nifty 50 climbed by 0.53%.

Mid-cap stocks outperformed large-cap stocks, indicating a heightened risk appetite among investors. This upswing was primarily fueled by favorable global signals. The US markets enjoyed their largest gains in close to two months, and Asian markets followed suit.

Stock Market, Nifty 50 LIVE: According to Nilesh Jain, Head – Technical and Derivatives Research Analyst (Equity Research), Centrum Broking, the bulls staged a strong comeback, with the Nifty closing above the 25,200 mark.

Jain said that the index formed a high-wave candle, indicating market indecision with significant activity on both sides, though it ultimately ended on a positive note. While a follow-through move on the upside cannot be ruled out, a decisive breakout above the immediate resistance of the 100-DMA at 25,590 is crucial.

"On the downside, the 200-DMA placed near 25,130 continues to act as a strong support. Meanwhile, the volatility index, India VIX, cooled off towards the 13 level, and a further decline would be conducive to sustaining positive sentiment. In the near term, some consolidation is likely before the index makes a stronger directional move on the upside," said Jain.

Stock Market, Sensex Today LIVE: According to Vinod Nair, Head of Research, Geojit Investments Limited, the domestic market staged a rebound, supported by signs of relief following President Trump’s positive remarks at the Davos meeting regarding Greenland and tariff. Despite this, market sentiments remained cautious amid sustained rupee weakness and continued FII outflows.

The initial set of corporate earnings did little to support current valuation levels. Nevertheless, investors have not ruled out the potential upside from a robust domestic demand environment, which could become more visible in the upcoming round of quarterly earnings announcements.

Looking ahead, markets will closely monitor U.S. GDP growth and core inflation data later today, as well as the BoJ policy decision due tomorrow, for further cues.

According to Ashika Institutional Equities, in the Nifty 50 options space, the highest call open interest was concentrated at the 25,500 and 26,000 strike prices, while the highest put open interest was seen at the 25,200 and 25,000 strikes. The put-call ratio (PCR) stood at 0.70. Overall, despite a positive start supported by global cues, sustained selling at higher levels capped the upside.

“Markets ended the session with a cautious bias as participants preferred to book profits and await clearer triggers for the next directional move,” said the brokerage.

Stock Market, Sensex Today LIVE: On the sectoral front, Media, PSU Banks, Pharma, CPSE, and PSE stocks outperformed and closed in the green, providing some support to the market. On the other hand, Realty and Consumer Durables stocks remained under pressure, weighing on overall sentiment.

Stock Market, Nifty 50 LIVE: Snapping their three-session losing streak, the Sensex rose 398 points, or 0.49%, to end at 82,307.37, while the Nifty 50 settled at 25,289.90, rising 132 points, or 0.53%.

Stock Market, Sensex Today LIVE: Here's what NS Ramaswamy, Head of Commodity & CRM, Ventura says

* Easing Geo-political tensions – Political and Economic uncertainties. Risk Premium could be removed on any de-escalation of global conflicts.

* Profit-taking after recent record highs – Could reverse upward momentum.

* Rising interest rates by FED if US has a stronger than expected economic data. If the stubborn inflation remains high or strong employment numbers.

* Strengthening of the US dollar or rising bond yields.

* Physical Demand destruction (India & China) due to higher prices. Investors prefer lighter jewelry or holding back on purchases.

* Slower Central Bank purchases - the intensity of their purchases might decrease compared to the record levels seen in 2023–2025, which could remove some of the structural support underneath the price.

Stock Market, Sensex Today LIVE: According to Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, the India-EU FTA is expected to be a big deal. Which sectors will benefit will depend on the details of the agreement. Textiles and pharmaceuticals are expected to be major beneficiaries.

Marine processing is likely to be another major beneficiary. Among other manufacturing segments which sectors will benefit will depend on the details of the agreement, believes Vijayakumar.

Stock Market, Nifty 50 LIVE: Orient Electric Q3 Results

1. Net Profit down 4.4% at ₹26 cr vs ₹27.2 cr (YoY)
2. Revenue up 11% at ₹906.5 cr vs ₹817 cr (YoY)
3. EBITDA up 11% at ₹67.8 cr vs ₹61 cr (YoY)

Stock Market, Sensex Today LIVE: IIFL Finance Q3 results

Net Profit At ₹484 Cr Vs ₹41 Cr (YoY)

Revenue Up 40.3% At ₹3,427.5 Cr Vs ₹2,442.6 Cr (YoY)

NII Growth At 10% (QoQ)

Stock Market, Nifty 50 LIVE: Aditya Birla Sun Life AMC Q3 results

Net Profit up 20% at ₹269.4 cr vs ₹224.6 cr (YoY)

Revenue up 7.4% at ₹478 cr vs ₹445 cr (YoY)

EBITDA up 6% at ₹290 cr vs ₹274 cr (YoY)

Stock Market, Sensex Today LIVE: Radico Khaitan Q3 results

1. Net Profit Up 62.3% At ₹155 Cr Vs ₹95.50 Cr (YoY)
2. Revenue Up 19.5% At ₹1,547 Cr Vs ₹1,294.4 Cr (YoY)
3. EBITDA Up 46% At ₹267.3 Cr Vs ₹183.5 Cr (YoY)
4. Margin At 17.3% Vs 14.2% (YoY)

Stock Market, Nifty 50 LIVE: ZEE Entertainment Enterprises (ZEEL) on Thursday reported 5.1% year-on-year (YoY) fall in its consolidated net profit at ₹155.3 crore in the third quarter, while operating revenue rose 15.2% YoY to ₹2,280 crore.

Stock Market, Sensex Today LIVE: Indian Bank Q3 Results

1. Net Profit Up 7.3% At ₹3,061 Cr Vs ₹2,852 Cr (YoY)
2. NII Up 7.5% At ₹6,895 Cr Vs ₹6,414 Cr (YoY)
3. Gross NPA At 2.23% Vs 2.60% (QoQ)
4. Net NPA At 0.15% Vs 0.16% (QoQ)
5. Gross NPA At ₹14,268 Cr Vs ₹16,134 Cr

Stock Market, Nifty 50 LIVE: Railtel shares rise by 2% following the acquisition of a ₹141 crore contract from the Ministry of Defence.

Stock Market, Sensex Today LIVE: Shares of Computer Age Management Services Ltd. (CAMS) jumped by as much as 6% on Thursday, January 22, following the company's results for the October-December quarter. CAMS reported a net profit of ₹125.5 crore at the conclusion of the December quarter, marking a 9.9% increase from the ₹114.2 crore recorded in the September quarter.

Stock Market, Nifty 50 LIVE: Export stocks soar following remarks from US President Donald Trump, stating, 'we will reach an excellent agreement with India.' Gokaldas Exports and Avanti Feeds both increase by more than 5%.

Stock Market, Sensex Today LIVE: Gold and various other precious metals declined on Thursday as concerns over geopolitical issues and the demand for safe-haven assets diminished, following U.S. President Donald Trump's retreat from introducing new tariff threats and his forceful proposals regarding the annexation of Greenland. Additionally, a stronger dollar put pressure on prices.

According to reports, as of 0524 GMT, spot gold fell 0.8% to $4,796.75 per ounce, after reaching a record high of $4,887.82 in the previous session. On Thursday, Goldman Sachs adjusted its gold price forecast for December 2026 upwards to $5,400 from its earlier estimate of $4,900 per ounce.

Stock Market, Nifty 50 LIVE: According to Axis Securities, Nifty 50 closed at 25,158, down 75 points. It formed a long-legged Doji near the critical 25,000 zone, where the 200-day SMA meets a key psychological level, highlighting sharp indecision between bulls and bears. For any meaningful reversal, the index must close above the Doji high, while holding above 24,900 remains crucial.

Stock Market LIVE: The sell-off in recent weeks in the Nifty-50 Index has helped forward P/E valuation to slip below the 10-year mean level. This has also helped the MSCI India premium to Asia Pacific (ex-Japan) to ease to the mean level recently, as consistent selling by foreign institutional investors (FIIs) prevailed so far in Jan 2026, said InCred.

“Nifty 50 blended target of 28,433 for Dec 2026F, up 13% from current levels. Our bull-case target of 30,304 provides an upside of ~20%,” said InCred.

Stock Market LIVE: According to InCred, the Government of India’s policy actions continue to strengthen, thereby providing hopes in the Union Budget for 2026-27 that will be presented in early Feb 2026.

“We maintain Overweight rating, with Nifty 50 blended target at 28,433 for Dec 2026F, up 13% from current levels. Our bull-case target at 30,304 provides an upside of ~20%. We continue to favour large-cap stocks, where we have added Tata Motors Commercial Vehicles with an ADD rating to our high-conviction stock ideas list because of recovery in truck demand and market share,” said the brokerage.

Stock Market LIVE: From the 30-Sensex firms, Tata Steel, Adani Ports, Asian Paints, Bharat Electronics Ltd, State Bank of India, Sun Pharmaceuticals, Kotak Mahindra Bank, Eternal, Trent, Mahindra & Mahindra and Bajaj Finserv were among the gainers.

Stock Market LIVE: Ponmudi R, CEO of Enrich Money noted that Bank Nifty opened with a sharp gap-up of nearly 500 points, trading above all its major moving averages (20-, 50-, 100- and 200-day EMAs), highlighting strong relative strength versus the broader market. Immediate resistance is placed at 59,700–59,800, followed by the key psychological hurdle at 60,000.

According to Ponmudi, on the downside, strong support is seen near 59,000. As long as this level holds, the structure remains constructive with potential for a breakout and rebound toward the 60,000 zone.

Ponmudi R, CEO of Enrich Money said that Nifty 50 opened with a gap-up near 25,350, breaking above its immediate resistance and signaling early volatility with a bullish bias.

According to Ponmudi, the RSI has rebounded toward the 40 zone from oversold territory, indicating a potential short-term reversal attempt. On the upside, 25,500 stands as the immediate intraday hurdle, followed by a stronger supply zone at 25,600–25,700, which also marks the earlier consolidation range and needs a decisive breakout for a sustained recovery.As long as the index holds above 25,300, the near-term outlook remains constructive with scope for a move toward 25,500.

According to Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, in yet another classic TACO ( Trump Again Chickens Out) President Trump has withdrawn from his threat to “annex Greenland by force, if necessary.”Instead, in Davos yesterday he said “ we have reached a framework of a future deal on Greenland.”

Vijayakumar explained that more importantly, the message that the US would “refrain from imposing tariffs on Europe” takes away the threat of a US - Europe trade war which was dragging the markets down. The consequent relief rally in the market today can be significant since there are about 2 lakh short contracts in the market and the market construct is right for short-covering.

Stock Market LIVE: Domestic stock indices started the day on a positive note on Thursday as investor sentiment strengthened following US President Donald Trump's decision to retract tariff threats directed at European countries, referencing a framework agreement related to Greenland.

Favorable international signals, coupled with optimism regarding a possible trade agreement between India and the US, contributed to the initial market increases.

Stock Market LIVE: Top 5 Nifty 50 gainers as of 09:48 IST

1. Dr. Reddy's Laboratories
2. Adani Enterprises
3. Tata Motors Passenger Vehicles
4. Adani Ports and Special Economic Zone
5. Tata Steel

Stock Market LIVE: The renewable energy firm reported a net profit for the December quarter that increased by 118.35% year-over-year to ₹1,106.79 crore, up from ₹506.88 crore last year. The revenue from operations for the quarter concluding in December soared by 118.81% to ₹7,565.05 crore, compared to ₹3,457.29 crore during the same timeframe last year.

Stock Market LIVE: Dr. Reddy's Laboratories reported a revenue increase to ₹8,727 crore for the reviewed period, up from ₹8,357 crore in the same quarter of the previous fiscal year, according to a statement from the company. After evaluating the results, brokerage firm CLSA upgraded the stock to 'Hold' and increased its price target to ₹1,210, citing better-than-expected revenue and earnings.

The brokerage noted that strong growth in India and emerging markets helped mitigate the decline in the US business, where sales were affected by reduced contributions from Revlimid.

Stock Market LIVE: Eternal shares surged more than 6% during Thursday's trading session following the company's impressive results for the December quarter, fueled by significant growth in Blinkit and continued strength in the quick commerce sector.

The Indian stock market opened higher on Thursday, following upbeat global market cues. The Sensex rallied 550.03 points, or 0.67%, to open at 82,459.66, while the Nifty 50 opened 186.65 points, or 0.74%, higher at 25,344.15. Bank Nifty index gained 393.95 points, or 0.67%, to open at 59,194.25.

Stock Market LIVE: The Indian stock market is expected to open higher on Thursday, following a rally in global markets on signs of cooling geopolitical tensions over Greenland. The trends on Gift Nifty also indicate a gap-up opening for benchmark indices, Nifty 50 and Sensex today.