On Monday, 2050 stocks advanced, 2203 declined and 175 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.93 indicating a negative closing. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 13 securities advanced and closed at a new 52-week high whereas 290 securities sank to close at their new 52-week lows. In sectoral indices, Nifty Media, Nifty Infrastructure and Nifty Energy were among the biggest losers. Nifty FMCG, and Nifty Auto were among the biggest gainers.
Bharat Forge’s (+4.80%) subsidiary JS Auto Cast Foundry India Pvt Ltd (JSA) has raised ₹300 crore in fresh equity from Premji Invest, which will hold a 23% stake on a fully diluted basis. The capital infusion will accelerate JSA’s next growth phase—expanding casting capacity, adding medium casting capabilities, and pursuing acquisitions. Since Bharat Forge’s 2022 acquisition, JSA has delivered strong performance with 17% topline CAGR, 24% export CAGR, and 25% profitability CAGR, alongside product diversification.
Tata Consultancy Services (TCS) (-0.54%) announced plans to build its largest delivery centre in Brazil, located in Londrina, with an initial investment of USD 37 million. The state‑of‑the‑art campus is scheduled for completion by 2027 and will create over 1,600 new jobs. It will serve as a strategic delivery and innovation hub supporting clients across industries in Brazil and Latin America.
Aurionpro Solutions (-2.56%) secured a data center infrastructure expansion mandate from IDBI Bank, marking a key milestone in its banking technology footprint. The project involves a comprehensive upgrade of IDBI’s existing data center, covering electrical systems, advanced cooling, security infrastructure, and allied MEP systems.
Rain Industries-linked German consortium Rain Carbon Germany GmbH, H.C. Starck Tungsten GmbH together with Northern Graphite Corporation. and Friedrich Schiller University Jena, has launched the USE G programme, a three year R&D initiative. Funded largely by Germany’s Federal Ministry for Economic Affairs and Energy (€1.14m of €1.70m budget), the project focuses on cleaner, less energy intensive graphite processing for Europe’s battery industry. It aims to reduce dependence on Chinese supply chains by developing a fully European route for battery grade graphite.
Agarwal Industrial Corporation (+1.24%) secured a bulk bitumen supply contract from BPCL valued at approximately ₹218.59 crore. The mandate covers 42,800 MT of VG 30 and VG 40 grades, with 32,000 MT to Kakinada (₹166.68 crore) and 10,800 MT to Mangalore (₹51.91 crore).
Lupin (-0.27%) entered a strategic collaboration with TB Alliance to advance the clinical development and future commercialization of Telacebec (Q203), an investigational drug for tuberculosis, leprosy, and Buruli ulcer. Under the agreement, TB Alliance will lead clinical development, while Lupin contributes large‑scale manufacturing, regulatory expertise, and global supply chain management.
Gateway Distriparks (+3.47%) acquired 25 acres in Indore to set up a new Inland Container Depot (ICD), marking its first entry into Central India. The facility will have a planned annual handling capacity of 120,000 TEUs, significantly boosting its logistics operations.
Earnings
Equitas Small Finance Bank (-0.22%) reported a 35.8% y-o-y rise in Q3 FY26 net profit to ₹90 crore (vs. ₹66.3 crore last year), supported by steady revenue growth of 4.1% to ₹851.6 crore.
Hyundai Motor India (+1.03%) posted a 7.5% rise in quarterly revenue to ₹17,453 crore (vs. ₹16,242 crore last year), supported by stable domestic demand and a resilient product mix. Net profit grew 6.3% y‑o‑y to ₹1,195 crore, compared with ₹1,124 crore in the same quarter last year
Indian Energy Exchange (-1.80%) reported Q3 FY26 revenue of ₹145.67 crore, up 10.31% y-o-y (vs. ₹132.05 crore). PAT rose 11.01% y-o-y to ₹119.11 crore (vs. ₹107.29 crore), reflecting steady profitability despite sequential revenue moderation.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
Markets Crash on Budget Proposals with Thin Trading Volumes
Moneylife Digital Team
01 February 2026
India’s benchmark indices, the Nifty 50 and Sensex, tumbled on Sunday after the Union Budget announced a steep hike in securities transaction tax (STT) on derivatives trading. The move, aimed at curbing excessive speculation in the...
Wealth Creators 2015-2025 -Part 5 - The Top-201 to Top-300
Sher Singh Yadav
and
Pratibha Kamath
30 January 2026
Welcome to the fifth part of our Wealth Creators (WC) series. In the earlier parts, we built a structured framework to understand how select companies have compounded wealth over long periods.
Part-1 introduced the top...
Market This Week
Moneylife Digital Team
30 January 2026
Indian equity markets are currently navigating a treacherous confluence of geopolitical uncertainty and shifting internal dynamics, as evidenced by the sharpest deterioration in market breadth in nearly a year. The advance-decline...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team
30 January 2026
INDIAN MARKET TRENDS
From 23rd January to 29 January 2026, ML Mid-cap Index, ML Mega-cap Index and ML Large-cap Index rose 2% each. The NIFTY, the Sensex and ML Small-cap Index rose 1% each. ML Micro-cap Index fell 2%.
...
