Taking Stock: Market gains for the second day, IT stocks on the up

The Sensex rose 178.58 points, or 0.25 percent, to end the day at 72,026.15, and the Nifty closed 52.20 points, or 0.24 percent, lower at 21,710.80.

The Indian equity benchmarks extended their gaining streak to a second day on January 5, ending the first week of the year on a positive note helped by buying in information technology names.

The Sensex closed 178.58 points, or 0.25 percent, higher at 72,026.15. The Nifty gained 52.20 points, or 0.24 percent, to end the day at 21,710.80.

The indices, which shrugged off weak global cues and nervousness ahead of the earrings season, were also helped by buying in IT stocks.

Market breadth favoured gainers. About 2,225 shares advanced, 1,609 declined and 102 remained unchanged.

"The market ended on a flat note, tracking weak global cues, with the US 10-year yield edging higher ahead of US payroll data later today, which may shape the expectation for the Fed policy,” said Vinod Nair, Head of Research, Geojit Financial Services.

Investors were also staying cautious ahead of eurozone inflation data, which, too, is expected later in the day.

“On the domestic front, the market is moving towards the results season, and we expect the exuberance of the broader index may be tested if the December quarter earnings do not justify the valuation," Nair said.

Broader market indices continued their outperformance. Nifty Smallcap 100 ended up 0.65 percent and Nifty Midcap rose 0.3 percent. Nifty 500, the broadest index on NSE, rose 0.25 percent.

Index	Prices	Change	Change%
Sensex	84,562.78	84.11	+0.10%
Nifty 50	25,910.05	30.90	+0.12%
Nifty Bank	58,517.55	135.60	+0.23%

Nifty 50 25,910.05 30.90 (0.12%)

Fri, Nov 14, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Eternal	303.75	6.00	+2.02%

Biggest Loser	Prices	Change	Change%
Infosys	1,502.80	-39.00	-2.53%

Best Sector	Prices	Change	Change%
Nifty PSU Bank	8399.90	96.85	+1.17%

Worst Sector	Prices	Change	Change%
Nifty IT	36301.30	-378.10	-1.03%

Stocks & Sectors

Among sectoral indices, Nifty IT was the biggest gainer, up 1.29 percent. Nifty Auto and Nifty Realty were other top gainers. Nifty Pharma and Nifty PSU Bank declined.

Adani Ports was the biggest gainer in the Nifty pack, up 2.65 percent. L&T, Tata Consultancy Services and SBI Life Insurance added 2-3 percent. Britannia Industries, Nestle India, JSW Steel and Kotak Bank were the biggest losers.

OUTLOOK for Jan 8

Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd

Buying in select frontline stocks helped markets end in positive territory for a second straight session as Sensex ended above the crucial 72000 mark. As valuations are getting expensive, investors are taking exposure to select frontline stocks with focus shifting to corporate earnings season.

Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

Following a rapid rebound from its positional support at 21,500, bullish activity has resumed in the market, with buying interest evident during dips. The prevailing sentiment is bullish, but Nifty encounters initial resistance at 21,750, facing selling pressure. Immediate support rests at 21,600. A conclusive close above 21,750 levels could propel Nifty towards the 22,000 mark, signaling further upward movement.

Ajit Mishra, SVP - Technical Research, Religare Broking

Nifty is likely to spend some more time within the 21,500-21,800 zone citing mixed cues but tone is likely to remain positive. Traders should thus maintain their focus on stock selection and risk management. In absence of any major event, the performance of the global indices especially US would remain in the focus for cues in the coming sessions.