Sensex drops 500 points as investors book profits:Trading at 81,850, Nifty down by 150 points; auto and IT stocks fall

The stock market is trading lower today, January 29. The Sensex is hovering around 81,850, down by nearly 500 points. The Nifty is also down by about 150 points, though it had earlier risen 167 points, and is trading around the 25,200 mark. Shares of auto, FMCG, and IT companies are seeing losses today. Boom in the global market In Asian markets, South Korea’s Kospi is up 0.79 per cent at 5,210, while Japan’s Nikkei Index is trading 0.17 per cent higher at 53,448. Hong Kong’s Hang Seng Index has gained 0.54 per cent to trade at 27,976. China’s Shanghai Composite Index is trading flat at 4,147. On January 28, US markets closed mixed. The Dow Jones ended slightly higher by 0.02 per cent at 49,015. The Nasdaq rose 0.17 per cent, while the SP 500 slipped 0.08 per cent. Foreign investors sold shares worth ₹3,068 crore on January 28 On January 28, foreign institutional investors (FIIs) sold shares worth ₹880 crore. At the same time, domestic institutional investors (DIIs) bought shares worth ₹3,057 crore. In December 2025, FIIs sold shares worth ₹34,350 crore. During the same period, DIIs supported the market by purchasing shares worth ₹79,620 crore. The market was bullish yesterday Earlier, on January 28, the stock market had closed on a strong note. The Sensex ended 487 points higher at 82,344, while the Nifty gained 167 points to close at 25,342.