October 16, 2026 01:27 am (IST)
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Stock Market
Representational Photo: ChatGPT

Markets whipsaw! Sensex, Nifty sink at open, stage sharp comeback

| @indiablooms | Jan 27, 2026, at 12:49 pm

Mumbai/IBNS: Indian equity benchmarks recovered sharply to trade in the green on Tuesday after a weak start to the first trading session of the week, media reports said.

The BSE Sensex fell 417.68 points to 81,120.02 in early trade, while the NSE Nifty 50 slipped 111.1 points to 24,937.55 during opening hours.

However, both indices staged a rebound in the latter half of the morning session, erasing early losses and moving into positive territory.

On the BSE, Axis Bank, Adani Ports, UltraTech Cement, Bharat Electronics and Tata Steel emerged as top gainers.

Axis Bank shares surged nearly 4% after the lender reported a 4% growth in the third quarter of FY26. In contrast, Kotak Mahindra Bank slid about 4% following muted margins in its Q3 results.

Apart from Kotak Mahindra Bank, Mahindra & Mahindra, Maruti Suzuki and ICICI Bank were among the key laggards.

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