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ITManufacturingHigh impactPre-market

Stock markets decline after three-day rally ahead of Budget

pre-market1 source ↓written by the desknot a recommendation

619.06 points
81,947.31
dropping
171.35 points
25,247.55

Benchmark equity indices Sensex and Nifty fell sharply in early trade on 30 Jan 2026, with the Sensex down 619.06 points to 81,947.31 and the Nifty dropping 171.35 points to 25,247.55. IT stocks led the decline amid fresh foreign fund outflows and global market weakness.

Key laggards included Tata Steel, HCL Tech, Infosys, and TCS. Caution prevails as investors await the Budget presentation on 1 Feb, while geopolitical tensions and rising crude prices add to market uncertainties.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 31 Jan 2026, 07:08 IST.

Sourcesnews.google.com

The market after the news

TCS closed +2.0% on the day of the news, from ₹3,123.90 to ₹3,186.90; Nifty −2.0% over the same session; futures OI +3.5%.

Bulletin at 07:08 IST on 31 Jan 2026. Every change is measured from ₹3,123.90, the last close before it, on 30 Jan. Nifty 50 is measured over the same sessions.

  • TCS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TCS closes around the bulletin against the close before the news, with Nifty 50 rebased to it269231013510axis spans 30%before the news · 30 Jan3124Nifty 50TCSbulletinD0+1+3+523 Jan4 Feb13 FebFutures open interest, lotspeak 1.7 LReference close ₹3,123.90. 16 sessions from 23 Jan to 13 Feb; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Jan₹3,123.90basebase
On the day1 Feb₹3,186.90▲ +2.0%▼ −2.0%+4.0 pp difference
+1 session2 Feb₹3,169.60▲ +1.5%▼ −0.9%+2.4 pp difference
+3 sessions4 Feb₹2,999.10▼ −4.0%▲ +1.8%−5.8 pp difference
+5 sessions6 Feb₹2,941.60▼ −5.8%▲ +1.5%−7.3 pp difference
Gap at the open, % · ₹
0.0%0.00 on 1 Feb
Day's range, % · ₹
4.1%≈ 130 high to low
Volume on the day
1.03×the 20-session average
Futures OI on the day
▲ +3.5%+4,000 lots · long build-up · price +2.0%
Futures OI open, lots
1.2 L1 Feb · 24 Feb expiry
Futures premium, ₹
+12.00+0.4% to spot
Puts per call, by OI
0.76from 0.64 the session before
Max pain
3,180from 3,180 the session before

Source NSE UDiFF bhavcopy · TCS on the desk →

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