Nifty hits record intra-day high; Sensex jumps 573 points
Rediff·2026-01-02 11:14

Market Performance - The Nifty equity benchmark index reached its all-time high before closing 182 points higher, while the BSE Sensex increased by 573 points, driven by strong buying in power, banking, and metal stocks [1][3] - The BSE Sensex climbed 573.41 points or 0.67% to settle at 85,762.01, with an intraday high of 85,812.27, marking a jump of 623.67 points or 0.73% [3][4] - The NSE Nifty rose by 182 points or 0.70% to 26,328.55, with a peak of 26,340 during the day, reflecting a surge of 193.45 points or 0.73% [4] Sector Performance - Major gainers among the 30-Sensex firms included NTPC, Trent, Bajaj Finance, Power Grid, Maruti, State Bank of India, ICICI Bank, and Bharat Electronics [4] - Conversely, laggards in the market included ITC, Kotak Mahindra Bank, Titan Company, Axis Bank, and Bharti Airtel [4] Investor Activity - Domestic Institutional Investors (DIIs) purchased stocks worth ₹1,525.89 crore, while Foreign Institutional Investors (FIIs) sold equities worth ₹3,268.60 crore [5] - The strong capital infusion by domestic institutional investors contributed to the positive trend in the domestic stock market [3] Global Market Influence - Asian markets showed a positive trend, with South Korea's Kospi index and Hong Kong's Hang Seng index ending significantly higher, while China's Shanghai index and Japan's Nikkei were closed for a holiday [5] - Brent crude oil prices decreased by 0.36% to $60.63 per barrel, which may influence market sentiment [5]