Nifty Tops 25,300: Indian Markets Extend Gains for Second Day on Broad Buying
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CNBC TV18•28-01-2026, 15:50
Nifty Tops 25,300: Indian Markets Extend Gains for Second Day on Broad Buying
- •Indian equity benchmarks closed higher for a second consecutive session, with Nifty settling at 25,343 and Sensex at 82,345.
- •Broad-based buying and strong stock-specific action drove the rally, with the Midcap Index outperforming.
- •Bharat Electronics Ltd (BEL) surged 9% to a record high after a 21% jump in net profit.
- •ONGC and Oil India gained nearly 9% each due to rising crude oil prices; TVS Motor and Suzlon Energy also saw significant gains.
- •Maruti Suzuki, Hindustan Zinc, Asian Paints, and CSB Bank were among the top losers due to earnings, stake sale, downgrade, and asset quality concerns.
Why It Matters: Indian markets closed higher for the second day, driven by broad buying, strong midcap performance, and key stock movements.
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