Indian markets exhibited cautious optimism on January 29, 2026, edging higher after a supportive Economic Survey projected robust GDP growth, though gains were limited by the rupee hitting a record low and mixed corporate earnings. Strength in metals and infrastructure sectors drove the indices, while investor sentiment balanced domestic fiscal hopes against persistent global headwinds.

Indian markets staged a resilient bullish rebound on January 27, 2026, as optimism from a landmark India-EU free trade agreement countered persistent global trade tensions. The announcement fueled gains in metals, banking, and energy stocks, driving benchmark indices higher despite a disruptive nationwide bank strike. Attention now shifts to the upcoming Union Budget and the detailed implementation of the trade pact, while safe-haven demand continued to lift gold prices.

Markets anticipate a muted to slightly positive opening on January 27, 2026, after the Republic Day holiday, balancing easing geopolitical tensions with persistent global trade uncertainties.

  • Opening Signal: GIFT Nifty hints at a flat-to-positive start, suggesting a tentative recovery attempt.

  • Market Context: Trading resumes after a long weekend, with activity catching up to mixed global cues.

  • Sector Focus: Banking eyes RBI policy; IT and metals are buoyed by earnings and commodity trends.