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Below the  Quote on Evening Markets 27th January 2026 by Mr. Vikram Kasat, Head - Advisory, PL Capital

Markets End Higher After Volatile Session; Nifty Near 25,200, Sensex Up 320 Points

Indian equity benchmarks ended higher on Tuesday, January 27, 2026, recovering from early losses to close near the day’s highs, supported by positive global cues and optimism around a landmark India–European Union trade agreement.

The Nifty 50 rose 0.51% to close at 25,175.40, while the Sensex added 320 points, or 0.4%, to end at 81,857.48. The Bank Nifty outperformed, gaining 1.3% to settle at 59,205.45, after seeing pressure in early trade.

Broader markets also participated in the rebound. The Nifty Midcap and Smallcap indices advanced 0.8% each, trimming early losses. Volatility, however, ticked up sharply, with the India VIX climbing above 15, its highest level in nearly six months.

Sectorally, metals emerged as the top performer, with the Nifty Metal index surging 3%, driven by gains in steel and commodity-linked stocks. IT stocks provided early support to the benchmarks, while financials strengthened as the session progressed.

Except auto, FMCG, media and consumer durables, all other sectoral indices ended in the green.

Among Nifty stocks, Axis Bank, Adani Enterprises, Adani Ports and JSW Steel were among the top gainers, while Mahindra & Mahindra, Asian Paints and Eternal ended lower.

What investors are watching next:
Beyond the ongoing Q3 earnings season and Budget-related expectations, market participants are focused on the US Federal Reserve’s policy decision due Wednesday, cues from global trade developments including the India–EU FTA, FII flows, and rupee movement.

While the Fed is expected to hold rates steady, commentary from Chair Jerome Powell on inflation and the timing of future rate cuts will be closely tracked for signals on global liquidity and emerging market flows.

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