Indian stock market snapped a three-day losing streak, with the Sensex rising 108.50 points to 82,018 and the Nifty gaining 45.10 points to hold above 25,200.
BSE Metal index climbed over 2% for the second straight session, led by Tata Steel, SAIL, and Jindal Steel, gaining 2–3%.
Stocks reacted sharply to earnings, with Bajaj Consumer Care jumping 20%, Waaree Energies rising over 7%, and Dr Reddy’s Labs gaining 4%.
Indian stock market today, on January 22, showed a strong recovery after three consecutive sessions of losses. Sensex traded at 82,018.13, up 108.50 points or 0.13% at press time. while the Nifty gained 45.10 points or 0.18% to 25,202.60.
The recovery came after US President Donald Trump announced a framework deal on Greenland. He withdrew threats to impose tariffs on eight European nations. This reduced fears of a US-Europe trade war, bringing relief to global markets.
Here’s the latest share market news and stock movements based on Moneycontrol data.
BSE Metal index rose over 2% for the second consecutive session, with SAIL, Jindal Steel, and Tata Steel emerging as top gainers. The metal stocks gained between 2-3%, benefiting from a recovery in demand expectations.
PSU banking stocks also saw strong buying interest. Nifty PSU Bank index climbed nearly 2%, snapping a three-day losing streak. Bank of India share price surged over 4.5% after reporting a 7.5% year-on-year increase in quarterly profit to Rs. 2,704.7 crore. The bank also saw improvements in asset quality. Its gross NPA (non-performing assets) fell to 2.26% from 2.54% quarter-on-quarter.
Among blue-chip stocks, Dr Reddy's Laboratories jumped over 4% despite reporting a 14.4% decline in quarterly profit to Rs. 1,209.8 crore. Brokerages turned bullish on the stock, citing strong performance in domestic and emerging markets that offset weakness in the US business.
Eternal (formerly Zomato) Q3 results reported a consolidated profit surge of 73% to Rs. 102 crore. Revenue jumped 202% year-on-year to Rs. 16,315 crore. At the same time, the company announced that founder Deepinder Goyal will step down as CEO on February 1. He would become the Vice Chairman. Albinder Singh Dhindsa, currently CEO of Blinkit, would take Deepinder’s place.
Waaree Energies' quarterly results were also released. The company’s profit zoomed 115.6% to Rs. 1,062.5 crore and revenue spiked 118.8% to Rs. 7,565 crore. The stock surged over 7% on the back of these strong numbers.
Bajaj Consumer Care saw its stock jump 20% after reporting an 83% spike in quarterly profit to Rs. 46.4 crore. The firm’s revenue also went up 30.6% to Rs. 306 crore.
PNB Housing Finance reported a 10.5% increase in quarterly profit to Rs. 521 crore. Its net interest income rose 12.8% to Rs. 757 crore. However, the stock fell over 7% as investors booked profits.
Investors await the Union Budget 2026 eagerly, impacting market behaviour. Md. Sajid Khan, Director of ACCA, India, said, “As India prepares for the Union Budget 2026, the focus on strengthening the country’s financial and economic ecosystem must go hand in hand with investing in future-ready talent. The accounting and finance profession is undergoing rapid transformation driven by digitalisation, sustainability reporting, AI, and evolving global compliance standards.
The Director of ACCA elaborated, “We hope the upcoming budget prioritises measures that support high-quality professional education aligned with global standards and strong industry–academia collaboration. Incentives for skill-based learning, digital upskilling, and global mobility of Indian professionals will be crucial in positioning India as a hub for world-class finance and accounting talent. Such initiatives can help bridge the skills gap, enhance employability, and ensure India’s workforce remains globally competitive.”
Also Read: US Stock Market Today: S&P 500 Rebounds as Trump Softens Greenland Stance, Dollar Slips
Gold prices fell nearly 1% to $4,793.63 per ounce after hitting a record high in the previous session. The decline came as easing geopolitical tensions dampened safe-haven demand. Silver also corrected sharply, with some silver ETFs dropping as much as 21%.
Indian rupee opened 15 paise higher at 91.55 per dollar. The currency recovered from the previous close of 91.70, as the US dollar weakened.
Crude oil prices edged higher, and Brent futures rose 0.15% to $65.34 per barrel. The hike came after Kazakhstan halted output at key oilfields due to power distribution issues.
Foreign Institutional Investors (FIIs) continued their selling streak, offloading shares worth Rs. 1,787.66 crore on January 21. However, Domestic Institutional Investors (DIIs) offered strong support. Shares worth Rs. 4,520.47 crore were bought by DIIs, helping stabilize the market.
Also Read: Eternal Stock Jumps 7% After Q3 Surprise, Blinkit Turns Profitable
The Indian stock market today reflected improving sentiment as trade war fears ease. However, volatility in the short run is expected amid ongoing FII outflows. The market's ability to sustain above the 200-day moving average around 25,150-25,200 will be important for a long-term recovery. Experts suggest cautious trading with a focus on selective stock picking and strict risk management.
1. How is Sensex performing today?
Sensex is experiencing a rise today after three consecutive days of declines (with no negative impact). The current value as of this writing is 82,018.13, an uptick of 108.50 points (+0.13%), attributed to improved investor confidence resulting from many factors; decreased global trade tensions, strong purchases from metal companies, Public Sector Undertaking (PSU) companies, and an overall atmosphere of positivity throughout the entire stock market.
2. What are the gold prices today?
After hitting record highs during yesterday's session, the price of gold fell by almost one % today to approximately $4,793.63 per ounce according to market sources; its fall was due to decreasing geopolitical tensions, which have decreased safe-haven demand for gold. The price of silver also saw a significant decrease today, with some ETFs for the metal also seeing decreases of up to 25% from the previous trading day.
3. What is the latest share market news today?
Indian stock exchange staged a significant rebound today; one of the reasons for this was increased optimism relating to reduced US-European trade tensions. Several indices associated with metals increased by over 2% today. In addition, PSU Bank stocks gained almost 2% today; several individual stocks, such as Tata Steel, Bank of India, and Bajaj Consumer Care, gained substantial amounts.
4. What is the latest update on Zomato (Eternal) stock?
The analyst community has recently received news of some significant events surrounding Eternal (formerly known as Zomato); in their most recent quarter, the company posted a 73% increase in profits (at Rs. 102 crores) from the previous year and an increase in revenues of 202% versus the previous Q3 report. There will be a substantial management change with Deepinder Goyal stepping down as CEO of the company.
5. What can investors expect from the Union Budget 2026?
Markets are closely watching the Union Budget 2026 for policy clarity and growth-oriented measures. Experts expect a focus on digital skills, professional education, sustainability, and industry–academia collaboration. Such initiatives could help improve employability, support long-term economic growth, and influence market sentiment in the coming months.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.