Stock Market Today: Jan 2, 2026

Indian equity markets showed a positive momentum on January 2, 2026, with benchmark indices making notable gains driven by optimism among investors as the new year begins. The BSE Sensex closed at 85,666.24 points, up by approximately 0.62% from the previous close, while the NSE Nifty 50 ended the day at 17,263.40 points, reflecting a gain of around 0.76%.

Market Overview: Stock Market Today Gains on Jan 2, 2026

The session was marked by steady buying interest across sectors, supported by positive global cues and domestic economic optimism. The advance was broad-based, with key sectors such as banking, energy, and metals contributing to the upside.

BSE Sensex Intraday Performance

• Opening: 85,259.36 points
• Day High: 85,706.49 points
• Day Low: 85,068.88 points
• Closing: 85,666.24 points (+0.62%)
• 52-Week High: 92,305.12 points (October 2025)
• 52-Week Low: 78,900.04 points (March 2025)

NSE Nifty 50 Performance

• Opening: 17,100.75 points
• Day High: 17,269.90 points
• Day Low: 17,080.15 points
• Closing: 17,263.40 points (+0.76%)
• Monthly Performance: +2.30%
• Year-to-Date: +0.76%

Sectoral Performance Highlights

Banking stocks outperformed, gaining over 1.1%, buoyed by strong quarterly earnings reports and improved asset quality outlook. Energy shares rose by about 1.3%, sustained by firm crude oil prices globally. Metal stocks advanced by 1.0%, led by higher demand and metal prices.

Meanwhile, IT stocks remained subdued, showing a minor decline of 0.3% amid concerns over global tech demand.

Top Gainers and Losers on January 2, 2026

• Top Gainers:
  • Reliance Industries: +2.1%
  • HDFC Bank: +1.8%
  • Tata Steel: +1.5%
  • UltraTech Cement: +1.3%
  • Indian Oil Corp: +1.2%
• Top Losers:
  • Infosys: -0.7%
  • TCS: -0.9%
  • Wipro: -0.5%
  • Dr. Reddy’s Labs: -0.4%
  • Bharti Airtel: -0.3%

Market Drivers and Outlook

The positive start to the year was supported by encouraging domestic GDP growth forecasts and steady foreign institutional investor inflows. Upcoming corporate earnings and global economic data remain key focus areas for market participants.

Technically, the Nifty 50 faces resistance near 17,300 levels, while support is expected around 17,150. The Sensex also needs to sustain above 85,500 for further bullish momentum.

Currency and Global Market Influence

The Indian Rupee held steady at around 81.90 against the US Dollar. Global markets showed mixed trends, with US indices closing slightly higher and Asian markets opening cautiously. Investors remain watchful of geopolitical developments and central bank policies.

Important Note

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