First Bank(US:FRBA) BusinessLine·2026-01-28 07:28Market Overview - Equity benchmarks extended gains due to optimism surrounding the India-EU trade agreement, supported by global cues that increased buying interest across the market [1] - Sensex traded at 82,159.83, up 302.35 points or 0.37%, after reaching an intraday high of 82,503.97 [1] - Nifty 50 rose by 103.25 points or 0.41% to 25,278.65, hitting a high of 25,372.10 during the session [1] Sector Performance - Smallcap index outperformed with a 1.5% increase, while midcap rose by 0.84% [2] - Oil & gas and metal indices surged by 3%, while FMCG declined by 1% [2] - Auto, pharma, and IT sectors experienced declines, while all other indices remained positive [2] Top Movers - Among Nifty 50 components, ONGC, Hindalco, Coal India, Eternal, and Bharat Electronics were the top gainers [3] - Major laggards included Tata Consumer Products, Asian Paints, Eicher Motors, Maruti, and Infosys [3] Market Breadth - Market breadth was positive with 3,142 stocks traded on the NSE; 2,271 advanced, 780 declined, and 91 remained unchanged [4] - 61 stocks reached fresh 52-week highs, while 133 hit new 52-week lows [4] - 94 stocks were locked in the upper circuit, compared to 38 in the lower circuit [4] Company Earnings - Companies such as L&T, Maruti Suzuki, BEL, ICRA, Star Health, GRSE, ACC, and Cochin Shipyard are set to announce Q3 results [4] - In the midcap segment, stocks like Motilal OFS, Oil India, National Aluminium, BDL, and Cochin Shipyard surged by 5-9% [4] - Smallcap stocks including Hindustan Copper, Data Patterns, Tejas Networks, IGIL, and BEML rallied by 7-13%, while Radico, Aegis Vopak, IKS, Anant Raj, and CreditAccess depreciated by 2-4% [5]