Indian equity benchmarks extended their upward momentum on January 2, 2026, with the Sensex rising around 380 points and the Nifty 50 trading comfortably above the 26,250 mark in early trade, supported by buying in auto, metal and PSU bank stocks.
Market Snapshot
- Sensex: Up ~380 points
- Nifty 50: Above 26,250
- Broader markets: BSE Midcap and Smallcap indices traded in the green, indicating broader participation
Sectoral Performance
- Gainers: Auto, metal, PSU banks, media and realty indices advanced between 0.5тАУ1%
- Laggards: FMCG stocks underperformed, with the FMCG index slipping about 1%
Top Movers on Nifty
Gainers
- Maruti Suzuki
- Hindalco Industries
- Bharat Electronics (BEL)
- Asian Paints
- Coal India
Losers
- ITC
- Bajaj Auto
- Dr ReddyтАЩs Laboratories
- Shriram Finance
- Titan Company
Market Mood
Positive sentiment in cyclicals such as autos and metals, along with strength in PSU banks, helped offset weakness in FMCG heavyweights. The advance in midcap and smallcap stocks further reflected improving risk appetite among investors.
Markets will continue to track global cues, commodity price movements, and sector-specific triggers as the session progresses.
