News Markets Nifty and Sensex Close in Green: PSU ETF Launch and Corporate Updates Drive MarketNifty and Sensex Close in Green: PSU ETF Launch and Corporate Updates Drive Market
Indian stock market ended positively on January 22, 2026, with Nifty 50 up 0.64% at 25,318.85 and Sensex rising 0.59% to 82,389.08. Market breadth was decisively positive with 3,231 advancing stocks out of 4,609 traded. Key corporate updates included Groww Mutual Fund's new ETF launch, SRF Ltd's Q3 results, and Jindal Stainless' strong quarterly performance and interim dividend announcement. The financial sector saw notable activity with new product launches and clarifications from various companies.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock market concluded on a positive note on January 22, 2026, with both benchmark indices, Nifty 50 and BSE Sensex, registering gains. The market sentiment remained upbeat, driven by various corporate updates and new product launches in the financial sector.
Key Market Indicators
| Index | Closing Price | Change | % Change |
|---|---|---|---|
| Nifty 50 | 25,318.85 | 161.35 | 0.64% |
| BSE Sensex | 82,389.08 | 479.45 | 0.59% |
Last Updated: 22/01/2026 15:30:43
Market Breadth
The overall market breadth was decisively positive, indicating a broad-based rally:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,609 |
| Positive | 3,231 |
| Negative | 1,378 |
Buzzing Stocks and Corporate Updates
Groww Mutual Fund
Launched a new ETF tracking the Nifty PSE Index, with the NFO open until February 5. The fund targets public sector enterprises with a minimum investment of ₹500 and zero exit load.
SRF Ltd
Q3 consolidated revenue at ₹3,713 crore, missing consensus estimates of ₹3,800 crore. The company faced pricing pressure in specialty chemicals from Chinese competitors, while fluorochemicals showed solid performance.
Silver Touch Technologies
Secured two significant projects:
- Selected by the Transport Department, Government of Uttar Pradesh for a statewide E-Governance project.
- Continued decade-long partnership with the Ministry of External Affairs for strategic digital transformation.
Vikram Solar Limited
Issued a postal ballot notice for three director appointments, with e-voting scheduled from January 22 to February 20, 2026.
J.B. Chemicals & Pharmaceuticals
Corrected a date error in the board meeting outcome regarding Tau Investment Holdings' request to reclassify from promoter to public category under SEBI regulations.
Jindal Stainless
- Announced an interim dividend of ₹1.00 per share.
- Reported strong Q3 performance with consolidated net profit rising to ₹8.30 billion from ₹6.55 billion year-on-year, while revenue grew 6.3% to ₹105.20 billion.
360 ONE WAM Limited
Clarified that it did not issue any press release regarding a ₹1,000 crore defence and spacetech fund, stating the fund is part of routine AIF business operations.
Conclusion
The Indian stock market ended the day on a positive note, with both Nifty 50 and BSE Sensex recording gains. The market was influenced by various corporate announcements and sector-specific developments, particularly in the public sector and financial services space. The broad market sentiment remained optimistic, as reflected in the positive market breadth.
19
