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Key gauges remain in green in morning deals
Jan-02-2026

Indian equity benchmarks continued to trade on optimistic note in morning deals, as steady buying by domestic institutional investors drove the stock markets higher. Traders took support as the Credit Guarantee Scheme for Exporters (CGSE) has been made operational since December 1, 2025, enabling banks and financial institutions (Member Lending Institutions - MLIs) to extend additional financial assistance to Indian exporters during a period of uncertain headwinds. Further, the measure shall diversify export markets and enhance their global competitiveness. However, gains remain capped as some concern came with data compiled by S&P Global stated that India’s manufacturing activity continued to expand in December, but at a slower pace, with the HSBC Manufacturing Purchasing Managers’ Index (PMI) at 55.0, down from 56.6 in November. On the global front, Asian markets were trading in green as investors now await the release of key economic data including the U.S. payrolls report and jobless data next week for additional clues on the outlook for interest rates. Regional trading volumes remain thin due to holidays in Japan and China .

The BSE Sensex is currently trading at 85520.73, up by 332.13 points or 0.39% after trading in a range of 85068.88 and 85605.55. There were 24 stocks advancing against 6 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.52%, while Small cap index was up by 0.50%.

The top gaining sectoral indices on the BSE were Realty up by 1.17%, Metal up by 1.11%, PSU up by 0.89%, Utilities up by 0.79% and Auto up by 0.75%, while FMCG down by 0.88% was the lone losing index on BSE.

The top gainers on the Sensex were Bharat Electronics up by 1.60%, Bajaj Finance up by 1.56%, NTPC up by 1.53%, Maruti Suzuki up by 1.33% and Eternal up by 1.27%. On the flip side, ITC down by 3.24%, Titan Company down by 0.60%, Ultratech Cement down by 0.39%, Tech Mahindra down by 0.28% and Interglobe Aviation down by 0.15% were the top losers.

Meanwhile, the government in its latest data has said that power consumption increased by nearly 7 per cent to 138.39 billion units (BU) in December 2025 from 129.39 billion units a year ago, as the use of heating appliances like geysers and blowers increased due to severe cold conditions in North India. As per government data, the peak power demand met or the highest supply during December 2025 also rose to 241.20 GW from 224.23 GW recorded in December 2024.

The peak power demand had touched an all-time high of about 250 GW in May 2024. The previous all-time high peak power demand of 243.27 GW was recorded in September 2023. However, during this summer starting from April, the record peak power demand was 242.77 GW in June.

Besides, according to the India Meteorological Department, cold wave conditions might develop in Delhi from January 3 as the minimum temperature is likely to fall below 5 degrees Celsius on account of cold northerly winds from the Himalayan region moving towards the capital.

The CNX Nifty is currently trading at 26247.10, up by 100.55 points or 0.38% after trading in a range of 26118.40 and 26272.85. There were 39 stocks advancing against 11 stocks declining on the index.

The top gainers on Nifty were Hindalco up by 2.18%, Coal India up by 1.90%, Bharat Electronics up by 1.70%, Bajaj Finance up by 1.41% and NTPC up by 1.38%. On the flip side, ITC down by 3.41%, Bajaj Auto down by 1.55%, Shriram Finance down by 0.83%, Titan Company down by 0.66% and Dr. Reddy's Lab down by 0.65% were the top losers.

Asian markets were trading in green; Taiwan Weighted added 345.61 points or 1.19% to 29,309.21, Jakarta Composite gained 77.96 points or 0.89% to 8,724.90, KOSPI increased 73.03 points or 1.73% to 4,287.20, Hang Seng advanced 591.46 points or 2.26% to 26,222.00 and Straits Times rose 18.81 points or 0.4% to 4,665.02.
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