Mumbai | Wednesday, January 29, 2026
Indian equity benchmarks opened lower on Wednesday, tracking mixed global cues, with banking and financial stocks weighing on the market in early trade.
At around 9:17 am IST, the Nifty 50 was trading at 25,282.20, down 60.55 points, or 0.24%. The BSE Sensex declined 241.65 points (0.29%) to 82,103.03.
Selling pressure was visible in banking and financial stocks. The Nifty Bank index slipped 170.15 points, or 0.29%, to 59,428.65, while the Nifty Financial Services index fell 0.38% to 27,231.10. The BSE Bankex also traded lower, down 162.39 points (0.24%) at 67,021.40.
Broader markets were mixed. The Nifty Midcap Select edged down 0.10% to 13,368.95, while the Nifty Total Market slipped 0.09%. In contrast, the Nifty Next 50 managed marginal gains, rising 16.70 points (0.02%) to 68,222.35, offering limited support.
Market volatility inched higher, with India VIX rising 1.48% to 13.73, indicating a cautious undertone among investors.
Overall, early trade reflected a subdued mood, with frontline indices under pressure and selective resilience seen only in pockets of the broader market.
