Stock markets bounce back after falling in early trade
The Hindu
Stock markets recover from early losses, boosted by gains in banking stocks and positive global trends.
Equity benchmark indices Sensex and Nifty recovered their early lost ground and were trading higher on Tuesday (January 27, 2026) morning, tracking a firm trend in global markets and buying in blue-chip bank stocks.
The 30-share BSE Sensex dropped 417.68 points to 81,120.02 in early trade. The 50-share NSE Nifty declined 111.1 points to 24,937.55.
However, soon after both the benchmark indices bounced back and were trading in positive territory. The BSE benchmark quoted 298.06 points higher at 81,814.74, and the Nifty traded 91.85 points up at 25,151.15.
From the 30-Sensex firms, Axis Bank, Adani Ports, UltraTech Cement, Bharat Electronics, Tata Steel, NTPC, State Bank of India and Tech Mahindra were among the biggest gainers.
Axis Bank climbed over 4% after the firm reported a 4% growth in its December quarter net profit to ₹7,010.65 crore against ₹6,742.99 crore in the year-ago period.
However, Kotak Mahindra Bank dropped over 4% after its third quarter earnings failed to cheer investors.
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Among the spectators was S. Laxmi, who has lived in Delhi for 35 years and hails from Tamil Nadu. Spotting performers in traditional attire, she broke into conversation in Tamil. “It’s a joy to converse in our own language,” she said and asked a dancer where he lived in Tamil Nadu. After exchanging greetings with the spectator, the dancer, Md. Aslam, a performer from Tiruchirappalli, said the troupe had rehearsed for nearly 20 days for a performance that lasted only a few minutes. “It is a great feeling to perform in front of national and international dignitaries,” he said.