NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on January 27

The Indian equity benchmarks are set to stage a gap up opening on Tuesday, January 27, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad advanced 105 points to 25,185 amid positive cues from Asian markets.

The Indian equity benchmarks resumed their downward journey on Friday, January 23, after a day’s pause in the previous session dragged down by losses in the index heavyweights like Axis Bank, Reliance Industries, State Bank of India, Adani Ports and HDFC Bank.

The SENSEX ended 770 points or 0.94% lower at 81,538 and NIFTY50 index tumbled 241 points to settle at 25,049.

Asian markets

Asian markets were trading higher on Tuesday as investors were betting for a strong set of earnings from US mega-cap companies. Meanwhile, uncertainty caused by President Donald Trump’s latest tariff moves on South Korea limited broader gains while boosting gold and silver, according to a report by news agency Reuters.

Japan's Nikkei rose 0.2%, Australia's S&P/ASX 200 index gained 1.08%, Hing Kong's Hang Seng advanced 1.06% and South Korea's KOSPI jumped 1.5%.

Wall Street update

Overnight, US stocks ended higher on Monday with Dow Jones Industrial Average rising 0.64%, S&P 500 index climbing 0.5% and tech heavy Nasdaq surging 0.43$.

Gold prices climbed to record levels above $5,100 on Monday, as investors sought a safe haven amid international political tension, and silver and platinum also scaled all-time highs.

FII/DII activity

Foreign institutional investors sold shares worth ₹4,113 crore on Friday while domestic institutional investors bought shares worth ₹4,103 crore, data from the National Stock Exchange showed.

The FIIs have so far this month sold shares worth ₹33,598 crore, according to the data from National Securities Depository Limited (NSDL).

Q3 earnings today

Over 50 companies are slated to release their December quarter numbers today. The list includes names such as Asian Paints, Tata Consumer Products (TCPL), Marico, Vishal Mega Mart, CG Power, Metro Brands, Dodla Dairy, Sunteck Realty, Mahindra Logistics, Raymond, Raymond Realty, and Bondada Engineering, among others.

Stocks to watch

The Mumbai-based private sector lender had earned a net profit of ₹3,305 crore in the year-ago period.

Total income rose to ₹16,741 crore during the quarter under review, from ₹16,050 crore logged in the same period last year, Kotak Mahindra Bank said in a regulatory filing.

The bank's interest income also increased to ₹13,903 crore, compared to ₹13,428 crore a year ago.

Net Interest Income (NII) in Q3FY26 increased to ₹7,565 crore from ₹7,196 crore logged in the year-ago period.

On a standalone basis, the third-largest private-sector lender's net profit for the October-December period increased to ₹6,489.57 crore from ₹6,303.77 crore in the year-ago period.

The bank's core net interest income grew by 5% to ₹14,287 crore, helped by a 14% loan growth but restricted by a 0.29% compression in the net interest margin at 3.64%.

Its chief executive and managing director, Amitabh Chaudhry, said that Axis Bank's ambition remains unchanged, and the lender wishes to outpace the system growth in a sustainable manner.

The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting on January 23 with the chief labour commissioner failed to yield a positive outcome.

With banks remaining closed on January 25 (Sunday) and January 26 (Republic Day), the strike on Tuesday will result in a disruption of branch-level services for three consecutive days.

The Hyderabad-based company is aiming to more than double its annual solar cell and module manufacturing capacities to 10.6 gigawatts and 11.1 gigawatts, respectively, to cater to domestic demand, a company official said.

Premier Energies is in the process of investing around ₹11,000 crore to achieve its expansion targets by 2028.

"With this commissioning, our solar cell manufacturing capacity has increased from 3.2 gigawatts to 3.6 gigawatts," Vinay Rustagi, Chief Business Officer at Premier Energies, told PTI.

He said the 400 MW solar photovoltaic mono "PERC cell" series facility was commissioned at E City, Maheeshwaram, in Telangana on January 22, 2026.

As per its latest Enforcement Report, the US-based arm of Mumbai-based Sun Pharma is recalling over 26,000 bottles of a generic medication to treat dandruff and skin conditions with inflammation and itching.

The Princeton (New Jersey)-based Sun Pharmaceutical Industries Inc. is recalling 24,624 bottles of Fluocinolone Acetonide Solution Topical Solution for "Failed Impurities/Degradation Specifications", the US health regulator said.

The company initiated the Class III nationwide (US) recall on December 30, 2025.

They said the pact is also expected to include liberalisation of norms in several service sectors.

India has pushed for zero-duty access for its labour-intensive sectors such as textiles, leather, apparel, gems and jewellery, and handicrafts. This has been a key demand in all free trade agreements (FTAs) finalised by India; this is one of the key demands and has been met in each one of them, including with the UK, the UAE, and Australia.

Under the agreement, AESL's commercial and industrial (C&I) division will manage a hybrid power mandate of 15.50 crore units per annum to meet AIS's electricity requirements at its manufacturing facilities in Bawal (Haryana), Roorkee (Uttarakhand) and Patan (Gujarat), officials said.

Of the total power supplied, approximately 11 crore units will be sourced from renewable energy.

PVR INOX expects this deal to "be completed within 30 days from the date of definitive agreements," following which the leading film exhibitor will become a "negligible debt" company, its CFO Gaurav Sharma told PTI.

The company's board has approved the sale of its 93.27% stake in Zea Maize Pvt Ltd (ZMPL), which owns the 4700BC brand, according to a regulatory filing.

India's network router market is currently dominated by US companies after Chinese gear was restricted by the government under telecom security rules.

"In a groundbreaking development at Rouri Gram Panchayat in Solan district, Himachal Pradesh, HFCL's domestically designed and manufactured IP/MPLS routers have been successfully deployed by ITI Limited, enabling Fibre-to-the-Home (FTTH) connectivity to rural subscribers. This marks the first time in India's telecommunications history that indigenous routing technology has been used to deliver broadband services to consumers," HFCL Managing Director Mahendra Nahata told PTI.

In an interview with PTI, Embassy Developments Ltd (EDL) Managing Director Aditya Virwani noted that the company's business activities have now gathered pace after the takeover of Indiabulls Real Estate (IBREL).

"We have sold properties worth about ₹2,000 crore in the first nine months of this fiscal," Virwani said.

Virwani expressed confidence that the company would be able to sell housing properties worth ₹3,000 crore during the current quarter with the help of new launches of residential properties in the Mumbai Metropolitan Region (MMR) as well as sustenance sales in the existing projects.

Embassy Developments clocked sales of ₹2,031 crore last fiscal year as against ₹1,838 crore in 2023-24.

The transaction aligns with WRTL’s long-term strategy of building an integrated platform spanning renewable generation, EPC, energy efficiency, and enabling infrastructure, thereby enhancing value creation, resilience, and execution capability across the clean energy ecosystem, a company statement said.

Founded in 1996, Associated Power Structures Limited is a well-established company in the power transmission and distribution infrastructure space, with a strong execution track record across India and select international markets.