Stock Market Today: Nifty Hits First Record High Of 2026, Sensex Closes Over 500 Points Up

Stock Market Today: Nifty Hits First Record High Of 2026, Sensex Closes Over 500 Points Up

• Nifty hit an all time high

• Benchmarks gain for the 3rd consecutive day

• Nifty Realty and Metal lead the gains in Nifty

• Coal India and NTPC gain the most in Nifty

• Cola India gain over 7%; top gainer in Nifty

• All sectoral indices gain in trade barring Nifty FMCG

• Broader market indices close higher in trade

• SJVN and IDBI bank gain the most in Nifty Midcap 150

• SJVN and IDBI bank gain over 10% in Trade

• JBM Auto and Anant Raj gain the most in Nifty smallcap 250

• Godrej Properties and Raymond gain the most in Nifty Realty

• NACL and Hindustan Copper gain the most in Nifty Metal

Stock Market LIVE: IDBI Bank Stake Sale| All Decks Clear For Financial Bids

• Govt likely to invite Financial bids for IDBI Bank Within A week

• Inter-Ministerial Group clears bidding process

• Final draft of the Share Purchase Agreement approved

• Invitation for financial bids could be uploaded on the DIPAM website shortly

• Alert: IMG includes secretaries from DIPAM and the Department of Financial Services

• Alert: SPA details buyer obligations, transfer of management control, and post-sale responsibilities

Source: People in the know

Stock Market LIVE: Key Highlights

• Shriram Finance, Hindalco Industries and Coal India gain the most since last all time high

• Shriram Finance gain over 18% from last all time high

• Nalco, Vodafone Idea and Ashok Leyland gain the most in Nifty Midcap since last all time high

• Hindustan Copper gain over 59% from last all time high

Stock Market LIVE: Nifty Metals In Focus

• Strong momentum in Nifty metals

• Nifty metals gains for fourth consecutive session

• Rally fueled by Domestic safeguard duties, robust commodity prices

• 39 out of 50 Nifty stocks trade in green

• Nifty Auto gaining for fourth consecutive session post strong December sales numbers

Stock Market LIVE: B&K Securities On Mphasis

• Upgrade to Buy from Hold; Hike target price to Rs 3,340 from Rs 3,120

• Higher exposure to BFSI segment

• BFSI sector to see robust performance

• Strong deal wins to support growth

• Loss of large client is now fully factored in

Stock Market LIVE: Nifty Clocks First All Time High In 2026

Minutes before closing bell, the Nifty 50 hit a new all time high of 26,332.15.

Stock Market LIVE: PSUs Buzzing In Trade

IDBI Bank, SJVN, Coal India stock prices are up 9.58%, 11.16% and 6.87%, as we get closer to the closing bell.

Stock Market LIVE: Zodiac Energy Signs MoA With Amanta Healthcare

Zodiac Energy signs MoA with Amanta Healthcare to install 10.8 MWp solar power plant.

Source: Exchange Filing

Stock Market LIVE: Karnataka Bank Stock Sees Sharp Dip

Shares of Karnataka Bank slip over 4% in trade on Friday.

Stock Market LIVE: Cupid Share Price In Focus

Shares of Cupid are stuck in a 20% lower circuit on Friday, snapping a 13-day winning streak.

Stock Market LIVE: BYD India Hikes Price Of SEALION 7 Premium Variant

Chinese electric vehicle maker BYD on Friday announced an increase in price of the premium variant of its SUV, SEALION 7, in India by Rs 50,000, citing evolving cost dynamics.

Source: PTI

If Global AI Trade Cracks, Does India Get A Second Chance? ICICI Prudential's Anand Shah Weighs In

For Indian markets, 2025 was forgettable, but mainly humbling. While global emerging markets surged nearly 30%, India barely broke even in dollar terms. According to Anand Shah, that underperformance may finally have done something useful — it reset expectations. "One of the biggest issues earlier was the valuation premium India traded at," Shah said. "To that extent, valuations are not so much of an issue anymore."

Read the full story here.

Stock Market LIVE: Nifty 25 Points Away From Life High

• Nifty just 25 points away from its all time high

• Bank Nifty at record high

• Nifty Metals at record high

• Nifty gains for the third consecutive day

• Nifty Auto and Realty lead the pack in Nifty

• 10 out of 12 nifty bank stocks trades in green

• NACL, Hindalco and Hindustan Copper lead the gains in Nifty Metal

Stock Market LIVE: Tata Steel Shares In Focus

Tata Steel has 1.01 million shares traded in a block deal on Friday. Shares of the company are trading 0.13% higher at Rs 182.12 apiece.

Stock Market LIVE: NTPC Exploring International Collaborations To Push Nuclear Plans

NTPC is exploring multiple international collaborations in the area of technology and fuel to push its nuclear ambitions to diversify energy generation.

Source: PTI

Stock Market LIVE: Bernstein India Strategy Outlook

• 2026 lacks a single dominant theme

• India market outlook turns more measured—positive returns expected, but upside is capped

• Downgraded India from Selective Buy to Neutral, as policy levers are largely exhausted and real GDP growth is near peak

• Nifty target set at 28,100, implying a high single-digit return of 7.5% for 2026

• Room for large returns remains limited despite assuming 13.5% earnings CAGR (FY26–FY28) and a 19x PE on FY28E

• Volatility to remain elevated, driven by geopolitics and policy uncertainty

• US trade treaty could trigger a sharp rally, but gains are expected to fade amid continued policy flux

• In a low headline-return environment, laggard trades tend to work better

• Mid-caps remain Neutral; while domestic flows stay strong, heavy IPOs and stake sales cap valuation expansion

Sector stance:

• Overweight: Financials, Telecom, Select Consumption (Discretionary), Real Estate (new OW)

• Modest Overweight: IT (after underperformance in 2025)

• Equal-weight: Consumer Staples (downgraded), Metals, Healthcare, Utilities

• Underweight: Industrials

Stock Market LIVE: Coal India SWMA Auction Update

Coal India permits coal consumers from Bangladesh, Bhutan, and Nepal to directly participate in Single Window Mode Agnostic (SWMA) auctions.

Source: Exchange Filing

Stock Market LIVE: Markets At Noon

• Auto and metal stocks lead the rally

• FMCG sector witnessing selling pressure

• Nifty less than 50 points away from record high levels

Sambhv Steel Shares In Focus After Q3 Business Update

Sambhv Steel Q3 Business Update (YoY)

• Total Sales up 34% At 97,472 Units

• Intermediate Product Sales down 60% at 6,860 Units

• Value Added Product Sales up 63.5% at 90,612 Units

Shares are currently trading 0.78% lower at Rs 95.38 apiece.

BHEL Shares In Focus After Tax Demand

BHEL shares were in focus on Friday after it received a tax demand of Rs 184 crore from Telengana Tax authority.

Industrials Poised For Next Upcycle, Says Jefferies, Backs Power And Defence Plays

India’s capital-expenditure cycle is showing fresh strength, and Jefferies believes the industrials theme could stay in focus despite a soft start to 2025.

The brokerage notes that while industrial stocks opened 2025 on a weak footing, sentiment turned after the Union Budget signalled moderating — not declining — capex growth. As companies delivered better-than-expected earnings, several names retraced or surpassed their 2024 highs. Jefferies now expects infra and industrial capex to clock 10% CAGR over FY26E–29, compared with around 6% in FY24–26.

PMI Data For December

• HSBC India Manufacturing PMI at 55 versus 56.6 in November.

• HSBC India Manufacturing PMI off 55 lowest in two years.

L&T Shares In Focus After Order Win

The shares of L&T were in focus after it won an order worth Rs 5,000-10,000 crore for minerals and metals business from SAIL and other customers.

The order is for engineering projects and products.

Stock Market Live Today: Olectra Greentech Management Revises Delivery Guidance

Olectra GreenTech management revises delivery guidance on Friday. Watch what MD Mahesh Babu told NDTV Profit.

Ola Electric Share Price Live: Stock At 1-Month High

Ola Electric Ltd. is in focus after it reported a sharp uptick in market share in December. The EV player's shares are trading over 8%, with the price at Rs 40.63 apiece.

As per the company, the uptick in market share is driven by its service transformation programme and improved customer experience.

Gail India Shares In Focus After Block Trade

The shares of GAIL India were in focus on Friday after 1 million shares changed hands on Friday. The stock was trading nearly 1% higher at Rs 172.92 apiece.

Auto Stocks In Focus After Strong December Sales Numbers

Auto stocks were in focus on Friday after the auto giants posted strong December sales numbers. While Force Motors rose 5%, Hero MotoCorp was up 3.22%, Ola Electric was up 6.34% and TVS Motor was up 2.72%. In contrast, Bajaj Auto was down 2.59%.

Bansal Wires Shares In Focus: Stock Rises 7%

The shares of Bansal Wires rose over 7% on Friday after its third quarter sales volume rises 32% year-on-year.

Stock Market Live Updates: Stocks Under Pressure Today On Higher Excise Duties

Cigarette stocks are trading under pressure in today's trade. ITC Ltd's shares are plunging nearly 5%, Godfrey Phillips India Ltd and VST Industries Ltd are down over 2%. The downtick is because starting February 1, smokers will have to shell out more for their puff.

Devyani International Share Price Live: Stock Rises 8% On Merger

The share price of Devyani International rose 8% on Friday after the announcement of the company's merger with Sapphire Foods, the franchise operator of Yum! Brands' restaurants, KFC and Pizza Hut, while Sapphire Foods share price dropped by 3%.

Nifty 50 Live Today: Strong Momentum In Nifty Metals

• Strong momentum in Nifty metals

• Nifty metals gains for fourth consecutive session

• Nifty metal Index gains 5% in last 4 trading sessions

• Rally fueled by Domestic safeguard duties, Robust commodity prices

ITC Share Price Live Updates: Stock Hits Three-Year Low

After falling nearly 10% on Thursday, shares of ITC Ltd. are under pressure once again on Friday, trading with cuts of almost 4%, following the government's announcement of higher excise duty on cigarettes.

The stock is currently trading at Rs 349, reaching an intraday low of Rs 345. This compares to Thursday's closing price of Rs 363. On a 12-month basis, the stock has fallen as much as 28%, though a large part of it is led by the recent drawdown.

December Auto Sales Live: Bajaj Auto Total Sales Rises 14%

Bajaj Auto December Auto Sales (Year-on-Year)

• Total sales rise 14% to 3.7 lakh units.

• Exports up 25% at 2 lakh units.

• Domestic sales rise 4% at 1.7 lakh units.

• CV sales rise 17% to 59,456 units.

• 2-Wheeler Sales up 14% at 3.1 lakh units.

Nifty Today: Bulls Eye 26,200 Breakout

The Indian equity markets kicked off the first trading session of 2026 on a cautious and consolidative note, with the NSE Nifty 50 managing to extend its winning streak for the second consecutive day.

A fresh uptrend rally is expected only after the dismissal of the 26,200–26,234 zone. Shrikant Chouhan notes that a breakout above this level could push the market toward 26,300–26,350. Aakash Shah of Choice Broking places immediate resistance in the 26,250–26,300 range.

Devyani International's Merger With Sapphire: What Brokerages Say

Brokerages have offered mixed views on Devyani International Ltd., (DIL), one of India’s largest and fastest-growing quick service restaurant (QSR) operators, as the merger with Sapphire Foods promise significant scale and synergies.

JPMorgan welcomed the merger as a strategic move, saying that synergistic benefits will accrue with a lag. The brokerage expects economies of scale, a simplified structure, cost savings, and faster decision-making to help Devyani compete more effectively.

Read what other brokerages have to say here.

ITC: What Brokerages Say

A slew of brokerages have come out with notes on ITC after the FMCG giant endured its worst session in six years on Thursday, falling almost 10% after the government announced fresh excise duty on cigarettes.

From Feb. 1 onwards, cigarettes are set to attract a tax of 40%, which serves as a major blow for ITC, where the cigarette division serves as a key revenue driver.

In the wake of ITC's sharp fall on Thursday, a slew of brokerages have cut target price on the FMCG counter.

Read more here.

Orient Technologies Bonus Issue: Last Day To Buy Shares To Qualify Before Record Date

Orient Technologies Ltd. will be on the market radar on Friday as it marks the last session for investors to buy shares to qualify for the bonus issue of shares ahead of the record date.

The IT company will give one free bonus equity share of face value of Rs 1 each for every 10 fully paid-up equity share held. The record date for determining the eligible shareholders to receive bonus equity shares is Monday, Jan. 5.

Under India's T+1 settlement cycle, investors must buy the shares at least one trading day before the record date to be eligible. This means that purchases made on the record date itself will not reflect in the demat account in time.

Nifty Today: What F&O Cues Indicate

• Nifty January futures down by 0.02% to 26,291 at a premium of 145 points.

• Nifty January futures open interest down by 0.16%.

• Nifty Options on Jan 6: Maximum Call open interest at 26,000 and Maximum Put open interest at 26,200.

Stock Market News Live: Global Check

Futures for the S&P 500 and the Nasdaq 100 indexes rose 0.2%, while Australian shares edged up. Trading is likely to be thin across Asia with several markets shut, including China.

• S&P 500 futures rose 0.1% as of 9:43 a.m. Tokyo time

• Australia’s S&P/ASX 200 was little changed

Stock Market Live Updates: GIFT Nifty Indicates Positive Start

Good morning readers.

The GIFT Nifty was trading above 26,300 early on Friday indicating that Nifty could open in the green. The futures contract based on the benchmark Nifty 50 rose 0.09% at 26,313 as of 6:49 a.m. indicating a positive start for the Indian markets.

In the previous session on Thursday, the benchmark ended mixed. The NSE Nifty 50 ended 16.95 points or 0.06% higher at 26,146.55, while the BSE Sensex closed 32 points or 0.04% lower at 85,188.60.