Taking Stock: Nifty ends at new record high, Sensex up 573 pts; auto, realty, financials shine

Market Today

• Nifty hits record high, Sensex up 573 points on broad sector buying.
• Nifty Bank index reaches record high; midcap and smallcap indices outperform
• Nearly 180 stocks hit 52-week highs; FMCG sector declines 1%

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The Indian benchmarks ended higher on January 2 with Nifty recorded fresh all-time high of 26,340, intraday, led by buying across the sectors barring FMCG. At close, the Sensex gained 573.41 points or 0.67 percent at 85,762.01, while the Nifty rose 182 points or 0.70 percent at 26,328.55.

Broader indices outperformed the main indices with Nifty midcap hitting new high, adding 1 percent, while Nifty smallcap index rose 0.7%.

In this week, BSE Sensex and Nfity50 added a percent each, extending the gains for the second consecutive week.

Nifty Bank index also hits fresh record high of 60,203.75, intraday.

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Coal India, NTPC, Hindalco, Trent, Jio Financial were among top gainers on the Nifty, while losers were ITC, Nestle, Axis Bank, Kotak Mahindra Bank, Shriram Finance.

Except FMCG (down 1%), all other sectoral indices ended in the green with auto, metal, capital goods, media, realty, consumer durables, power, PSU rose 1-2%.

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Index	Prices	Change	Change%
Sensex	76,034.42	-829.29	-1.08%
Nifty 50	23,639.15	-227.70	-0.95%
Nifty Bank	55,100.95	-634.80	-1.14%

Nifty 50 23,639.15 -227.70 (-0.95%)

Thu, Mar 12, 2026

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Coal India	470.10	23.35	+5.23%

Biggest Loser	Prices	Change	Change%
M&M	3,031.20	-137.00	-4.32%

Best Sector	Prices	Change	Change%
Nifty Energy	36834.35	695.85	+1.93%

Worst Sector	Prices	Change	Change%
Nifty Auto	25098.00	-828.00	-3.19%

In stocks, ITC shares fell 4% as Morgan Stanley downgrades to ‘equal-weight’, Sapphire Foods shed 3% on merger news with Devyani International, TVS Motor Company hits 52-week high after total sales jump 50% in December, Hero MotoCorp share price added 2% on better December sales data, Indian Bank shares rose 3% after Q3 total business up 13%, Punjab & Sind Bank and Indian Bank share jumped 3-5% after strong Q3 business numbers.

Also Read - Indian rupee in 2026: Bears may rest a bit, but cautious approach may stay

Nearly 180 stocks hit 52-week high, including IDBI Bank, Coal India, Aether Industries, NALCO, IIFL Finance, Ashok Leyland, Hindalco Industries, Craftsman, BHEL, TVS Motor, Indus Towers, Adani Energy, Maruti Suzuki, Phoenix Mills, Graphite India, 3M India, M&M, Bank of Baroda, MCX India, among others. Click to View More

Outlook for January 5

Rupak De, Senior Technical Analyst at LKP Securities

The index has broken above its previous swing high, reinforcing a positive trend bias. The bullish crossover of the 20 EMA and 50 EMA further strengthens the upward structure. Additionally, the daily RSI has broken out of its prior consolidation phase, signalling a pickup in momentum.

The trend is expected to remain firm in the near to short term, with a buy-on-dips approach favoring the bulls as long as the index sustains above 26,000. On the upside, a decisive move above 26,350 could open the door for an advance towards 26,600 in the short term.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

Nifty witnessed sharp breakout on Friday and surpassed the crucial hurdles of around 26200-26300 levels and zoomed into new all-time highs at 26340. After opening on a positive note, the market continued to move up in the early to mid-part of the session. Minor dip was seen towards the end and Nifty bounced back subsequently and closed at the highs.

A long bull candle was formed on the daily chart which indicates a decisive break out of the recent consolidation movement. This is positive development and one may expect this upside momentum to continue for the short term.

The underlying trend of Nifty is sharply up. The next upside target to be watched for the next 1-2 weeks is around 26750 (61.8% Fibonacci Extension-taken from the swings of April low-June high and Aug low). Immediate support is placed at 26200.

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