Stock Market Today 02 Jan: Supported by strong macroeconomic and stable domestic fundamentals, Indian equity markets were trading in positive territory this morning. By 9:30 AM, Sensex had risen 185 points or 0.22 percent to 85,374, and the Nifty had gained 61 points or 0.24 percent to 26,208. The broader market indices also performed in line with benchmarks, with Nifty Mid cap 100 rising 0.42 percent and Nifty Small cap 100 gaining 0.30 percent.
Stock Market Today 02 Jan
In the Nifty pack, Maruti Suzuki, ONGC, and Tata Steel were among the top gainers, while Titan Company, Tata Consumer, Dr. Reddy’s Labs, Apollo Hospitals, and Bajaj Finance suffered losses. Among sectoral indices, all indices except FMCG, IT, and Pharma were trading in the green. The top-performing indices included the Auto and Metal sectors, which gained 0.89 percent and 0.79 percent, respectively.
Expert on Stock Market
According to market analysts, immediate support is in the 26,000-26,050 range, while resistance is near the 26,250-26,300 range. The Indian stock market started 2026 on a subdued note, with benchmark indices closing nearly flat amid low trading volumes. Analysts say that the 25.8 percent surge in passenger vehicle sales in December 2025 is a positive sign for the auto industry and will also determine the pace of economic growth.
Asian Market Today
In Asian markets, China’s Shanghai Composite index rose 0.09 percent, the Shenzhen Component index fell 0.58 percent, Japan’s Nikkei 225 index declined 0.37 percent, while Hong Kong’s Hang Seng index surged 2.29 percent. South Korea’s KOSPI index gained 1.37 percent. US markets closed lower on the last trading day, with the Nasdaq down 0.76 percent, the S&P 500 down 0.74 percent, and the Dow Jones Industrial Average down 0.63 percent.
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