Tue Jan 28 11:46:57 UTC 2025: ## Indian Stock Market Sees Mixed Results: Sensex Soars, But Losses Wipe Out ₹1.16 Lakh Crore in Investor Wealth

**Mumbai, January 28, 2025** – The Indian stock market experienced a mixed day on Tuesday, January 28th, with the benchmark indices showing contrasting performances. While the Sensex and Nifty rebounded strongly, driven by gains in banking and financial stocks, a significant loss in smaller-cap companies resulted in a substantial decline in overall investor wealth.

The BSE Sensex surged 535.23 points (0.71%) to close at 75,901.41, while the Nifty 50 index climbed 128.10 points (0.56%) to end at 22,957.25. This positive trend was largely fueled by strong performances in the banking, financial, real estate, and auto sectors. However, this was offset by selling pressure in pharma, industrials, utilities, capital goods, and power sectors.

Despite the gains in the major indices, the BSE Midcap index fell 0.61% and the Smallcap index dropped 1.77%, leading to a net loss of approximately ₹1.16 lakh crore (approximately $14 billion USD) in the total market capitalization of BSE-listed companies. This translates to a significant reduction in investor wealth.

Among the Sensex stocks, Bajaj Finance led the gains with a 4.39% increase, followed by Axis Bank, Bajaj Finserv, HDFC Bank, and Tata Motors, which saw increases ranging from 2.15% to 3.82%. On the other hand, Sun Pharma topped the losers list, plummeting 4.47%. Larsen & Toubro, Power Grid, ITC, and HCL Tech also experienced declines ranging from 1.01% to 1.32%.

Overall, the BSE saw more declines than gains, with 2,663 stocks falling compared to 1,311 that rose. 60 stocks hit their 52-week high, while 569 reached their 52-week low.

**Disclaimer:** *Market investment is subject to inherent risks. Consult a financial expert before making any investment decisions.*

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