Indian equity benchmark indices Sensex and Nifty are expected to open on a positive note on Tuesday, January 27, 2026, supported by firm global cues and optimism ahead of the formal announcement of the India–European Union Free Trade Agreement (FTA).
At 06:45 am IST, GIFT Nifty futures were trading at 25,201, up 111 points or 0.44%, indicating a strong start for domestic equities. Indian markets were closed on Monday, January 26, on account of Republic Day.
Investors will closely track multiple key triggers this week, including developments on the India-US trade deal, the upcoming Union Budget 2026, the US Federal Reserve policy meeting, ongoing Q3 earnings, and geopolitical developments related to Greenland.
Asian markets opened mixed after US President Donald Trump revived tariff concerns by threatening higher duties on South Korea. South Korea’s KOSPI rebounded after an early dip and was last trading over 1% higher, while Japan’s Nikkei 225 edged up around 0.1%.
Overnight, US equity markets ended higher as investors positioned themselves ahead of major earnings announcements and the Federal Reserve’s interest rate guidance later this week. The S&P 500 gained 0.50%, the Nasdaq Composite rose 0.43%, and the Dow Jones Industrial Average advanced 0.64%.
On the earnings front, several companies are scheduled to announce their Q3 FY26 results today, including Asian Paints, Tata Consumer Products, Vodafone Idea, Marico, Motilal Oswal Financial Services, Metro Brands, PC Jeweller, Mahindra Logistics, Bikaji Foods International, and others.
Separately, ICRA Chief Economist Aditi Nayar said expectations are high from the upcoming Union Budget, emphasising that the government should materially push capital expenditure in the next fiscal to support investment activity and broaden economic growth.
Meanwhile, dividend-focused investors will track KEI Industries, K.P. Energy, KPI Green Energy, and Wendt (India), as these stocks are set to trade ex-dividend on January 28, 2026, according to BSE data.