27 January 2026: Midday Market Update: Nifty 50 Strengthens Above 25,100; Adani Ent, Axis Bank Lead, M&M Remains Under Pressure

Indian equity benchmarks extended modest gains in early afternoon trade on Tuesday, supported by strength in select financials, metals, and infrastructure stocks. As of 1:23 PM IST on 27 January 2026, the Nifty 50 stood at 25,107.10, up 58.45 points (0.23%), indicating steady sentiment despite continued volatility in frontline counters.

Also Read: 27 January 2026 (Opening): Market Wrap: Nifty 50 Trades Firm Above 25,000; Adani Group, Axis Bank Lead Gains While Kotak Bank Drags

Nifty 50 Snapshot: Holding Gains with Intraday Volatility

The benchmark index opened at 25,063.35, moved to an intraday high of 25,184.95, and tested a low of 24,932.55, suggesting strong support near the 25,000 mark.

Other key indices also traded in positive territory:

• Nifty Next 50: 66,267.10 (+0.01%)

• Nifty Financial Services: 26,919.55 (+0.37%)

• Nifty Bank: 58,720.25 (+0.42%)

The outperformance of banking and financial stocks continued to provide stability to the broader market.

Top Gainers: Adani Enterprises, Axis Bank Power the Rally

Buying interest remained concentrated in a few heavyweight stocks:

• Adani Enterprises rose 4.86% to ₹1,954.80, backed by strong volumes and sustained momentum.

• Axis Bank gained 4.45% to ₹1,314.00, reflecting positive investor sentiment in private sector banks.

• Grasim Industries advanced 3.26% to ₹2,849.00, aided by renewed interest in diversified conglomerates.

• Adani Ports climbed 3.06% to ₹1,348.50, continuing its upward trend.

• JSW Steel added 2.78% to ₹1,202.50, tracking firmness in metal stocks.

The consistent performance of Adani group stocks and banking majors helped keep the benchmark comfortably in the green.

Top Losers: M&M, Kotak Bank, Auto and Healthcare Stocks Weigh

On the flip side, selling pressure persisted in select large-cap names:

• Mahindra & Mahindra (M&M) slipped 4.13% to ₹3,397.00, remaining the top laggard.

• Kotak Mahindra Bank declined 3.60% to ₹407.60, extending its losses from the morning session.

• Eternal fell 2.88% to ₹251.25 amid heavy volumes.

• Max Healthcare eased 2.05% to ₹971.10.

• Maruti Suzuki lost 1.71% to ₹15,205.00, indicating continued weakness in auto majors.

Losses in these stocks limited the upside for the broader indices.

Market Mood: Selective Buying, Stock-Specific Trends Dominate

Market participants appear to be adopting a cautious, stock-specific approach. While strength in financials and infrastructure is offering support, persistent weakness in autos and certain banking names is preventing a broader rally. Investors are likely positioning themselves ahead of upcoming earnings announcements and key global cues.

Conclusion: 27 January 2026

With the Nifty 50 sustaining above 25,100, the overall structure remains positive, but the market continues to show signs of consolidation rather than aggressive risk-taking. Leadership from stocks like Adani Enterprises, Axis Bank, and Grasim is balancing out pressure from M&M, Kotak Bank, and Maruti, suggesting that near-term direction will depend on sectoral rotation and earnings-driven triggers.