Indian equity benchmark -- Nifty -- ended Tuesday’s trading session in a negative terrain due to losses in Bajaj Finance, Titan Company and Ultratech Cement stocks. After making slightly positive start, soon index turned volatile and traded below its neutral line, as investors were cautious ahead of the Interim Budget on February 01 and US Federal Reserve's rate meeting on January 31. In early deals, downside remained capped amid foreign fund inflows. Foreign institutional investors (FIIs) turned net buyers in the cash segment after selling in the previous seven days, buying shares worth Rs 110.01 crore on January 29, provisional data from the NSE showed.
Index continued to trade on a lower note in afternoon session, as sentiments were cautious with private report stating that the Indian equity markets have seen highest outflows in Asia in January, with foreign institutional investors (FIIs) pulling out $2.62 billion from Indian exchanges. This was the highest monthly outflow since January 2023. Sentiments were muted amid a private report stating that foreign Portfolio Investors (FPIs) have expressed concerns about market regulator Securities and Exchange Board of India’s (Sebi) plan to introduce instant trade settlement in the equity markets. In last leg of trade, index slipped near day’s low point and ended with losses of 215.50 points.
Traders were seen piling up positions in PSU Bank, Media and Reality stocks, while selling was witnessed in PMCG, Consumer Durables and Pharma. The top gainers from the F&O segment were Zee Entertainment Enterprises, Syngene International and Hindustan Petroleum Corporation. On the other hand, the top losers were Coromandel International, Trent and Bajaj Finance. In the index option segment, maximum OI continues to be seen in the 21900 - 22100 calls and 20900 - 21100 puts indicating this is the trading range expectation.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: