Summary of this article
Benchmark indices ended flat as the Sensex dipped 32 points to 85,188.60 while Nifty rose 16.95 points to 26,146.55.
Nifty FMCG tumbled over 3 per cent following a 9.69 per cent crash in ITC shares due to new excise duty notifications.
Auto and Realty sectors emerged as top gainers, while the Indian rupee weakened to close at 89.97 per U.S. dollar.
Share Market News: Headline indices ended the session mixed on the first day of the new calendar year. The Sensex finished at 85,188.60, dipping 32 points or 0.04 per cent. On the other hand the Nifty 50 closed at 26,146.55 up by 16.95 points or 0.06 per cent.
Indian equity indices ended marginally higher amid a dip in the Indian rupee which closed around 89.97 per U.S. dollar, down 0.1 per cent. Sectoral indices finished mixed with FMCG stocks declining and shares of automotive companies witnessing gains
Bajaj Auto and Shriram Finance Emerge As Gainers
Shares of Bajaj Auto and Shriram Finance led the gainers among Nifty 50 stocks as they closed 2.59 per cent and 2.39 per cent higher on the NSE. Other Nifty gainers included NTPC, Eternal and Wipro which finished the session with gains ranging between 1.52 per cent and 1.99 per cent. As many as 38 constituents of the benchmark finished in the green, while 12 finished lower.
Nifty Auto Gains, Nifty FMCG Declines
The Nifty Auto and the Nifty Realty indices ended the session higher by 1.03 per cent and 0.84 per cent respectively and emerged as top-gainers among sectoral indices. On the other hand, the Nifty FMCG index emerged as the top-drag among sectoral indices as it finished lower by 3.17 per cent. The index declined after shares of tobacco products maker ITC which is the biggest constituent of the index closed lower by 9.69 per cent on the NSE. The Nifty MidCap 100 finished higher by 0.44 per cent and the Nifty SmallCap 100 fell 0.05 per cent.
Asian Markets on January 1
The Nikkei 225 and the Hang Seng closed the session with declines of 0.37 per cent and 0.87 per cent respectively. The Shanghai Composite closed the session with gains of 0.09 per cent.
Primary Market Action On January 1
OYO’s parent company PRISM filed draft papers via the confidential filing method on December 31, 2025. In the upcoming week the public issues of Yajur Fibres, Victory Electric Vehicles International and Gabion Technologies India are scheduled to open for bidding.
Market Cues
The Q3FY26 earnings season is set to kick off later this week. D-street is also expected to factor in the impact of the India-Australia Economic Cooperation and Trade Agreement (ECTA) becoming fully effective on January 1. The agreement is expected to increase traction in export-oriented sectors like textiles, gems and jewelry, and engineering goods due to 100 per cent duty-free access.
