Sensex Today Ends 297 Points Lower | Nifty Below 25,400 | South Indian Bank Down 15%

Fri, 30 Jan Closing

   Previous Close   

   Pre-Open   

   10:30 am   

Pls note markets will remain open on Sunday, 1st February 2026 on account of Union Budget.

Although the benchmark indices opened lower, they traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 snapped a three-day winning streak on Friday as investors turned cautious ahead of the much-awaited Union Budget 2026, scheduled to be announced over the weekend.

At the closing bell, the BSE Sensex  closed lower by 297 points (down 0.4%).

Meanwhile, the NSE Nifty closed 98 points lower (down 0.4%).

M&M, SBI, ITC among the top gainers today

Tata Steel, ICICI Bank, HCL Tech on the hand, were among the top losers today.

The GIFT Nifty was trading at  25,433 lower by 83 points at the time of writing.

The BSE MidCap index ended 1.5% lower and BSE SmallCap index ended 2.2% lower.

Sectoral indices are trading mixed today with stocks metal sector and power sector witnessed buying. Meanwhile, stocks in IT sector and auto sector witnessed selling pressure.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 90 against the US$.

Gold prices for the latest contract on MCX are trading 7% lower at Rs 169,652 per grams.

Meanwhile, silver prices were trading 16% lower at Rs 3,35,305 per 1 kg.

Speaking of stock markets, Raul Shah, Research Analyst at Equitymaster, shares his views on IndusInd Bank. After admitting to a Rs 2,100 crore treasury loss and cleaning up its microfinance loan book, the IndusInd bank appears to be shifting its focus from aggressive growth to asset quality and stability.

The key question now is whether the improving fundamentals have tilted the risk-to-reward equation in favour of investors, making it a must-watch stock for portfolios.

Watch to know more.

Cupid Q3 Results

In the news from consumer sector, shares of Cupid came into focus after the company reported its Q3 FY26 results.

The company's total revenue jumped 105.6% year-on-year to Rs 10.44 billion (bn) during the quarter, up from Rs 5.08 bn in Q3 FY25.

EBITDA grew 201.3% year-on-year, reaching Rs 3.43 bn from Rs 1.14 bn a year ago.

Cupid's net profit surged 196.3% year-on-year to Rs 3.28 bn in the December quarter (Q3 FY26) from Rs 1.11 bn in the same quarter last year (Q3 FY25).

Additionally, Cupid's board has approved a plan to issue bonus equity shares at a ratio of 4:1, pending necessary approvals from shareholders and regulatory authorities.

Aurobindo Pharma Gains on Import Price

Moving on to the news from pharma sector, shares of Aurobindo Pharma came into focus after the government imposed a Minimum Import Price (MIP) of Rs 2,216 per kg for Penicillin G, which is expected to benefit the company significantly.

The government has also fixed MIPs for other key drugs: Rs 2,733 per kg for Amoxicillin and Rs 3,405 per kg for 6-APA. These drugs have been moved from the free import category to the restricted category if imported below the set prices.

The MIP rules are effective immediately and will remain in place for one year, until January 2027. Aurobindo has a total Penicillin G capacity of 15,000 tonnes, with 6,000 tonnes earmarked for merchant sales. The new MIP ensures that imports below the prescribed price are restricted, which is expected to improve profitability for the company.

Mamata Machinery Rises on EU Patent

Moving on to the news from engineering sector, shares of Mamata Machinery came into focus came after the company announced that it has been granted a patent in the European Union (EU) for its invention A Cross Sealing Device.

Mamata Machinery, a leading global provider of flexible packaging machinery, has developed a proprietary cross sealing technology, already patented in India and the US.

With the EU patent now secured, the company can offer this innovative sealing solution to customers across Europe, strengthening its global presence.

With over 35 years of experience and more than 5,000 machines installed in 80 countries, Mamata is known for continuous innovation and introducing industry-first products.

The company focuses on technology, quality, and customer-centric design, making it a trusted partner for businesses seeking efficient and reliable flexible packaging solutions worldwide.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

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INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

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