29 January 2026: Market Close: Nifty Ends Higher at 25,418; Banks, Metals and Infra Power Late-Session Rally

Indian equity markets closed the trading session on a firm note on 29 January 2026, supported by strong buying in banking, metal and infrastructure stocks. Positive momentum in broader indices and financial services counters helped the Nifty 50 settle comfortably above the 25,400 mark, despite continued weakness in select consumer and auto names.

Also Read: 29 January 2026 (afternoon): Market Update: Nifty Trades Flat Near 25,350; Banks and Industrials Support, Auto and Insurance Stocks Weigh

Benchmark Performance

At the close of trade on 29 January 2026 (3:30 PM IST), the Nifty 50 settled at 25,418.90, up 76.15 points (+0.30%).

• Open: 25,345.00

• Day’s High: 25,458.15

• Day’s Low: 25,159.80

Broader indices also ended in the green, reflecting improving market breadth:

• Nifty Next 50: 68,409.75 (+0.30%)

• Nifty Financial Services: 27,509.60 (+0.64%)

• Nifty Bank: 59,957.85 (+0.60%)

Top Gainers: Metals, Banks and Infrastructure Lead

Strong buying was visible in cyclical and financial heavyweights, accompanied by healthy trading volumes:

• Tata Steel: ₹202.55, up 4.49%

• Larsen & Toubro (LT): ₹3,938.00, up 3.80%

• Axis Bank: ₹1,364.90, up 3.42%

• Tata Motors DVR (TMPV): ₹352.00, up 3.39%

• NTPC: ₹358.50, up 3.00%

The sharp rise in Tata Steel and sustained momentum in LT underline optimism around infrastructure spending and commodity demand, while Axis Bank’s performance lifted overall banking sentiment.

Top Losers: FMCG, Auto and Insurance Stocks Under Pressure

Profit-booking continued in select consumption and auto counters:

• Asian Paints: ₹2,415.00, down 3.85%

• IndiGo (InterGlobe Aviation): ₹4,620.50, down 2.71%

• SBI Life Insurance: ₹1,998.00, down 2.69%

• Maruti Suzuki: ₹14,484.00, down 2.64%

• Tata Consumer Products: ₹1,103.10, down 2.54%

The decline in frontline names like Asian Paints and Maruti highlights continued caution in high-valuation consumption plays, even as broader market sentiment improves.

Sectoral Trend and Market Mood

The session reflected a clear pro-cyclical bias, with investors rotating toward banking, metals, power and capital goods stocks. Strength in Nifty Financial Services and Nifty Bank provided crucial support, while broader participation suggested improving risk appetite.

Conclusion: 29 January 2026

With the Nifty closing above 25,400, the market has shown resilience and buying interest at lower levels. While pockets of weakness remain in FMCG and auto stocks, overall sentiment appears constructive. In the near term, earnings developments and global cues will remain key drivers of market direction, with stock-specific opportunities likely to dominate.