NTPC Ltd. Hits Intraday High with 3.06% Surge on 29 Jan 2026

Intraday Trading Highlights

On the trading day, NTPC Ltd. reached a peak price of Rs 359.5, reflecting a 3.25% rise from its prior close. The stock closed the day with a gain of 3.06%, significantly outperforming the Sensex, which declined by 0.38% to 82,031.98 points. This positive momentum was further accentuated by NTPC’s outperformance of the Power sector by 2.41% during the session.

NTPC’s price remains within striking distance of its 52-week high of Rs 371.1, currently just 3.43% away. The stock has maintained an upward trajectory over the past three consecutive trading days, accumulating a total return of 6.53% in this period. This sustained gain highlights a strong short-term trend in the stock’s price action.

Technical Indicators and Moving Averages

From a technical standpoint, NTPC is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment suggests a bullish trend across multiple timeframes, reinforcing the stock’s current strength. The consistent trading above these averages often signals sustained buying interest and positive market sentiment.

Comparative Performance Against Benchmarks

NTPC’s performance contrasts sharply with the broader market indices. While the Sensex experienced a decline of 0.36% on the day, NTPC advanced by 3.12%. Over the past week, the stock has gained 4.83%, compared to a marginal 0.31% drop in the Sensex. The one-month performance further accentuates this divergence, with NTPC rising 10.31% against the Sensex’s 3.12% decline.

Longer-term metrics also reflect NTPC’s relative strength. Over the past year, the stock has appreciated by 11.78%, outperforming the Sensex’s 7.21% gain. Year-to-date, NTPC has delivered an 8.98% return, while the Sensex has fallen by 3.72%. Over three and five years, NTPC’s returns stand at 115.90% and 302.97% respectively, substantially exceeding the Sensex’s 38.29% and 77.27% gains. However, over a ten-year horizon, NTPC’s 203.00% return trails the Sensex’s 229.90% appreciation.

Market Context and Sector Dynamics

The broader market environment on 29 Jan 2026 was characterised by volatility and mixed sectoral performances. The Sensex opened flat but soon declined by 336.98 points, reflecting a 0.38% loss. Despite this, several indices, including NIFTY METAL, NIFTY PSU BANK, and NIFTY PSE, reached new 52-week highs, indicating pockets of strength within the market.

Within this context, NTPC’s strong intraday gains stand out, especially as the Sensex traded below its 50-day moving average, which itself remains above the 200-day moving average. This technical setup suggests a cautious market stance, with NTPC bucking the broader trend through its positive price action.

Mojo Score and Rating Update

NTPC currently holds a Mojo Score of 42.0, categorised under a Sell grade. This rating was downgraded from Hold on 10 Nov 2025. The company’s Market Cap Grade is 1, indicating a relatively modest market capitalisation within its sector. Despite the recent downgrade, the stock’s price action today reflects a notable divergence from the rating, with strong buying interest evident in intraday trading.

Recent Price Momentum and Moving Averages

The stock’s upward momentum is supported by its position above all major moving averages, signalling a positive technical outlook. The 5-day and 20-day averages have been trending upwards, reinforcing the short-term strength. The 50-day, 100-day, and 200-day averages also remain below the current price, indicating sustained medium- and long-term support levels.

Summary of NTPC’s Recent Performance

NTPC Ltd.’s strong intraday performance on 29 Jan 2026, marked by a 3.25% peak increase and a 3.06% close gain, highlights the stock’s resilience amid a broadly negative market. The stock’s consistent gains over the past three days, combined with its position near the 52-week high and above key moving averages, underscore a robust technical profile.

While the broader Sensex and Power sector indices faced pressure, NTPC’s outperformance reflects selective strength within the sector. The downgrade in Mojo Grade to Sell contrasts with the current price momentum, suggesting a complex interplay between fundamental assessments and market dynamics.

Overall, NTPC’s trading activity today emphasises its capacity to maintain upward momentum despite challenging market conditions, supported by strong technical indicators and relative strength versus benchmarks.

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