The Indian stock markets opened the new year with a robust performance, showcasing strong momentum across major indices. The benchmark NIFTY 50 surged by 1.88% to close at 24,188.65, while the SENSEX jumped 1.83% to settle at 79,943.71, reflecting widespread investor optimism. Sectoral indices also posted significant gains, with the NIFTY IT index leading the rally, rising by 2.26%, followed by a notable uptick in NIFTY BANK and BSE SMALLCAP indices.
Index Performance
| Index | Closing Value | Change | % Change |
|---|---|---|---|
| NIFTY 50 | 24,188.65 | +445.75 | +1.88% |
| SENSEX | 79,943.71 | +1,436.30 | +1.83% |
| NIFTY BANK | 51,605.55 | +544.95 | +1.07% |
| NIFTY IT | 44,351.75 | +978.65 | +2.26% |
| BSE SMALLCAP | 56,127.20 | +377.14 | +0.68% |
Top Gainers
The day’s top gainers included Eicher Motors, which soared 8.65% to ₹5,308.10, and Bajaj Finserv, which climbed 7.88% to ₹1,700.65. Other prominent gainers were Bajaj Finance (+6.54%), Maruti Suzuki (+5.65%), and Shriram Finance (+4.84%), driven by sectoral strength and positive investor sentiment.
| Company | Closing Price (₹) | % Gain |
|---|---|---|
| Eicher Motors | 5,308.10 | +8.65% |
| Bajaj Finserv | 1,700.65 | +7.88% |
| Bajaj Finance | 7,389.20 | +6.54% |
| Maruti Suzuki | 11,841.30 | +5.65% |
| Shriram Finance | 3,060.05 | +4.84% |
Top Losers
Despite the upbeat market, select stocks faced pressure. Sun Pharma emerged as the top loser, slipping 0.63% to ₹1,878.00, followed by Britannia, which dipped slightly by 0.14% to ₹4,787.80.
| Company | Closing Price (₹) | % Loss |
|---|---|---|
| Sun Pharma | 1,878.00 | -0.63% |
| Britannia | 4,787.80 | -0.14% |
FII/DII Activity
Foreign and domestic institutional investors were active participants in today’s trading session. Foreign Institutional Investors (FII) recorded a net inflow of ₹1,506.75 crores, while Domestic Institutional Investors (DII) posted a marginal net inflow of ₹22.14 crores, reflecting balanced market participation.
| Category | Buy Value (₹ Crores) | Sell Value (₹ Crores) | Net Value (₹ Crores) |
|---|---|---|---|
| FII | 13,402.85 | 11,896.10 | +1,506.75 |
| DII | 14,176.58 | 14,154.44 | +22.14 |
Volatility Index
The India VIX dropped to 13.74, a decline of 5.31%, indicating reduced market volatility and an encouraging sentiment for future trading sessions.
In the News
Forcemot saw a significant increase of 9.46%, closing at 7,256.85, after announcing it won an order for 2,429 BS VI diesel ambulances from Uttar Pradesh’s Health Department.
Eicher Motors rose by 8.65% to 5,308.10 following a strong 25% jump in Royal Enfield’s December sales, reaching 79,466 units, with exports nearly doubling, surpassing estimates.
Aeroflex gained 2.37%, closing at 212.51, as it announced the start of production for a new product, metal bellows, and the expansion of key production capacities in stainless steel and composite hoses.
Mercury EV also surged by 2.37%, reaching 96.78, after the company signed a deal to acquire a 69.84% stake in DC2 Mercury Cards for ₹2.5 Crores. This acquisition will make DC2 Mercury Cards a subsidiary of Mercury EV Tech.