Indian shares rise as robust earnings, EU trade deal aid sentiment

Ultratech Cement

27/01/2026 06:58

** Nifty 50 .NSEI and Sensex .BSESN rise about 0.3% each, led by gains in Axis Bank AXBK.NS, UltraTech Cement ULTC.NS and JSW Steel JSTL.NS on robust quarterly results

** Modi says India has finalised landmark trade deal with EU; formal announcement expected later in the day

** EU is India's biggest trading partner

** 11 of 16 major sectors advance, while small- .NIFSMCP100 and mid-cap .NIFMDCP100 trade flat

** Analysts say optimism around trade pact and earnings momentum underpins rise in equities

** AXBK jumps 4.5% after surprise Q3 profit rise

** ULTC gains 3%, JSTL climbs 3.5% on higher-than-expected profits driven by volume growth

** Adani Group stocks rebound after group lost $12.5 billion in market value on Friday

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))