By Admin 
Stock Market Update 29 January: Indian stock markets closed with a rise on Thursday, January 29. There was a rise in the domestic stock market on Thursday due to buying in Tata Steel and Larsen & Toubro and economic review 2025-26 predicting a growth of 6.8-7.2 percent for the next financial year. Sensex rose 222 points, while Nifty registered a gain of 76 points.
BSE’s benchmark index Sensex based on 30 shares closed at 82,566.37 points with a gain of 221.69 points or 0.27 percent on the basis of increased buying in the afternoon session. However, in morning trade it fell by 636.74 points to 81,707.94 points.
At the same time, NSE’s 50-share standard index Nifty rose by 76.15 points or 0.30 percent and closed at 25,418.90 points. Nifty had slipped to 25,159.80 points in morning trading.
Opinion of market experts
Market experts say that the rise in global markets and increase in investment by foreign funds helped the major indices recover from low levels. Among the Sensex companies, Tata Steel registered the highest gain of 4.41 percent.
Shares of Larsen & Toubro, which reported 10 percent increase in consolidated profit to Rs 71,450 crore in the October-December quarter, also gained 3.66 percent.
Rise and fall seen in these shares
Shares of Axis Bank, NTPC, Adani Ports and ICICI Bank were in profit. On the other hand, shares of Asian Paints, InterGlobe Aviation (Indigo), Maruti and Bharat Electronics declined.
In the economic review of the financial year 2025-26 presented in the Parliament, it was said that due to the integrated effect of reforms, the economy is estimated to grow at the rate of 6.8-7.2 percent in the next financial year. In this, the possibility of completion of the ongoing trade talks with America this year has also been expressed.
purchases by foreign investors
Vinod Nair, Head of Research, Geojit Investments Limited, said, “Domestic markets recovered from the initial decline and registered strength amid the encouraging tone of the economic survey and stable inflation.”
According to data received from the stock market, foreign institutional investors (FIIs) made a net purchase of shares worth Rs 480.26 crore on Wednesday. While domestic institutional investors (DIIs) bought shares worth Rs 3,360.59 crore.
Condition of other markets in Asia
In other markets of Asia, South Korea’s Kospi, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng closed at higher levels. European markets were trading with gains in afternoon trading. American markets closed stable on Wednesday. The price of global oil standard Brent crude rose by 2.50 percent to $ 70.11 per barrel.
Also read: Budget 2026 Expectations: See the list of expectations before the budget, what are the wishes of senior citizens and married couples.