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NSE:NESTLEIND 5 January 2026 - 30 January 2026

India stock market today: Sensex, Nifty snap three-day run as January ends with sharp monthly drop ahead of Budget

India stock market today: Sensex, Nifty snap three-day run as January ends with sharp monthly drop ahead of Budget

Indian shares posted their steepest monthly drop since February 2025, with the Nifty 50 down 3.1% in January and the Sensex off 3.5%. The rupee closed at a record low of 91.9825 per dollar after a 2.3% monthly slide. Metals and banking stocks led declines, while foreign outflows and uncertainty over a U.S. trade deal pressured markets. Nestle India shares rose 4% on strong earnings; Ambuja Cements and South Indian Bank slumped.
Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

India’s Nifty 50 index hit a record high before closing down 0.30% at 26,250.3 on Monday; Sensex fell 0.38% to 85,439.62. IT stocks led declines after broker warnings and ahead of results, while U.S. tariff threats and geopolitical tensions weighed on sentiment. HDFC Bank slipped on slower deposit growth. Some stocks including Bharat Electronics and Nestle India bucked the trend.

Stock Market Today

  • Xero and Light & Wonder Stocks Trading Below Fair Value on Cash Flow Analysis
    June 28, 2026, 9:23 PM EDT. Investors are eyeing stocks with strong cash flow prospects amid mixed global growth signals. New Zealand's Xero (ASX:XRO), a cloud accounting software firm with A$11.78 billion market cap, shows potential due to high subscription-based revenue and 88% gross margins, despite recent net income pressures and a modest 6.1% profit margin. Its deployment of AI tools like Claude integration aims to enhance customer retention and cash generation. Las Vegas-based Light & Wonder (ASX:LNW), valued at A$8.62 billion, benefits from a diverse revenue mix in gaming and digital wagering, with 69% from recurring streams. Both stocks trade below their discounted cash flow (DCF) estimated fair values, appealing to investors focusing on fundamentals over short-term market noise amid uncertain macroeconomic conditions.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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