What did the Economic Survey 2026 project for the Indian economy?

The Economic Survey 2026 projected that the Indian economy would remain on a strong footing despite geopolitical challenges.

How did the Sensex and Nifty 50 perform on January 29?

On January 29, the Sensex jumped 222 points to close at 82,566.37, and the Nifty 50 settled at 25,418.90, up 76 points.

What is the outlook for the Nifty 50 ahead of the Budget?

The Nifty 50 faces immediate resistance at 25,500, with support placed at 25,200, and relatively contained movement is expected due to its proximity to the Budget.

Home / Business and Economy / India's Economy Surges Ahead Amidst Global Tensions

India's Economy Surges Ahead Amidst Global Tensions

30 Jan

•

Summary

Sensex and Nifty 50 extended gains for a third consecutive session.
Economic Survey projected a strong Indian economy despite global challenges.
Market sentiment remained cautiously optimistic ahead of the Budget.

India's Economy Surges Ahead Amidst Global Tensions

India's key stock market indices, the Sensex and Nifty 50, concluded January 29 with gains for the third consecutive trading day. This positive momentum was largely attributed to the Economic Survey 2026, which projected sustained economic strength for India despite prevailing geopolitical challenges.

The Sensex recorded a jump of 222 points, settling at 82,566.37, while the Nifty 50 saw a rise of 76 points to close at 25,418.90. Over these three sessions, the Sensex has advanced by nearly 1.3%, and the Nifty 50 by 1.5%.

Analysts noted that domestic markets staged a strong rebound, bolstered by an optimistic economic survey that reinforced a solid growth outlook for FY27 and a well-managed inflation scenario amidst global uncertainties. However, elevated bullion and crude oil prices, influenced by escalating U.S.-Iran tensions, exerted some pressure on overall risk sentiment.