On Friday, January 2nd, the Nifty 50 reached a new record high of 26,340, before settling at 26,328.55, up 182 points (0.70%), led by Maruti Suzuki India and Trent. Meanwhile, the Sensex surged 573.41 points (0.67%) to close at 85,762.01.
Although the Sensex showed strong gains and remains shy of the all-time high of 86,159.02 set on December 1, 2025. Meanwhile, the Volatility Index - India VIX closed at 9.45, up 2.89%.
The Nifty Realty and Metal sectors spearheaded the market's gains as nearly all sectoral indices inches higher, with Nifty FMCG being the sole laggard in today's trade.
Stock-Specific Highlights
Among individual stocks,
- Coal India shares jumped over 7%, being the top gainer on NSE & Larsen & Toubro surge to an all-time high after receiving an order from SAIL
Nifty Realty - Top Gainer
On the sectoral front, almost all indices closed in positive territory except the Nifty FMCG Index. The Nifty Realty index emerged as the top-gaining sector with gains of 1.52%. Additionally, the Nifty Auto, Nifty Financial Services, Nifty Media, Nifty PSU Bank, Nifty Consumer Durables and Nifty Metal indices advanced by over 1% each. On the other hand, the Nifty FMCG index was the only losing sector, declining by 1.19%, at the 53,078.80 level.
Broader Markets Performance
On Friday, the broader market indices ended on a green note. The Nifty Midcap 100 index closed up 1.01% and the Nifty Smallcap 100 surged 0.72%.
Nifty 50: Top Pullers and Draggers of the Day
The key drivers of the index gains were:
- Maruti Suzuki: +262 points
- Trent: +102.60 points
- Mahindra & Mahindra: +40 points
On the other hand, these stocks dragged the index:
- Bajaj Auto: -59 points
- Kotak Bank: -27.90 points
- Nestle India: -14.60 points
Market Breadth
As of January 1, 2026, market breadth was in favour of advancing stocks. Out of 3,246 stocks traded on the NSE, 2,247 advanced, 895 declined and 104 remained unchanged.
A total of 101 stocks touched their 52-week highs, while 50 hit their 52-week lows. Additionally, 71 stocks were locked in their upper circuits, whereas 41 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
