Stock Market Highlights 02 January 2026: Nifty 50 hits record high of 26,340, Sensex jumps 573 points on power, banking stocks

Benchmark indices scaled higher on Friday amid broad-based rally in banking, realty, metals and auto stocks. NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 per cent positive at 26,328.55.
BSE Sensex ended 573.41 points or 0.67 per cent higher at 85,762.01, after jumping over 740 points intraday.
Shares of Coal India, NTPC, Hindalco, Trent, SBI and Jio Financial led the gainers of Nifty 50, while ITC, Kotak Mahindra Bank, Nestle India, Shriram Finance and Bajaj Auto were major laggards. Under the midcap index, Torrent Power, IREDA, NHPC, Dabur India and National Aluminium zoomed 5-6 per cent, while Waaree Energies, APL Apollo, Godfrey Phillips, ATHL and PB Fintech declined 1-3 per cent. Among smallcap stocks, Ola Electric, JBM Auto, Anant Raj and CESC zoomed 5-9 per cent, while Radico, Lal Path Labs, MRPL and Aegis Vopak fell 1-5 per cent. Read More | Source: The Hindu Business Line

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