Markets rebound after early losses; Sensex closes 319 points higher:Nifty tops 25,175 as metal and banking stocks lead rally

Indian equity benchmarks recovered sharply from early losses to close higher on Tuesday, supported by buying in metal, banking and IT stocks. The Sensex rose 319 points to settle at 81,857, rebounding nearly 700 points from the day’s low. The Nifty advanced 126 points to close above the 25,175 mark. Sectorally, the Nifty Metal index led the gains, rising up to 3%. PSU banks and private banking stocks also recorded a recovery of more than 1%, adding nearly 180 points. The broader market sentiment remained positive, with the Nifty trading around the 25,100 level for most of the session. Of the 30 Sensex constituents, 18 stocks ended in the green, while 12 closed lower. Heavyweights such as Axis Bank, Adani Ports, Tech Mahindra and select IT stocks supported the market, with some banking and IT shares gaining up to 5%. Meanwhile, Mahindra Mahindra, Asian Paints and Kotak Mahindra Bank declined by up to 3%, limiting the upside. Positive Global Cues Asian markets closed higher, lending support to domestic equities. South Korea’s KOSPI gained 1.93% to close at 5,084, while Japan’s Nikkei rose 0.41% to 39,333. Hong Kong’s Hang Seng index advanced 1.07% to 20,126, and China’s Shanghai Composite added 0.18% to end at 3,139. US markets also finished higher on 26 January. The Dow Jones rose 0.64% to 49,412, while the Nasdaq gained 0.43% and the SP 500 climbed 0.50%. Recap: Friday’s Decline Markets had ended lower on Friday, 23 January. The Sensex had dropped 770 points to close at 81,538, while the Nifty declined 241 points to settle at 25,048. Market Status on 23 January 2026 Sensex: 81,538 Nifty: 25,048 BSE Midcap: 44,369 BSE Smallcap: 46,825 Nifty Top Gainers Dr Reddy’s: ₹1,238 ONGC: ₹246.10 Tech Mahindra: ₹1,700.70 Up ₹13.30 (▲ 0.79%) Nifty Top Losers Adani Enterprises: ₹1,861.80 Adani Ports: ₹260.05 Eternal: ₹4,022.10 Source: BSE / NSE ​