Overview
- India’s first session of 2026 ended little changed, with the Sensex at 85,188.6 and the Nifty at 26,146.55 after a positive open.
- Domestic institutions continued to support equities as FIIs stayed net sellers in the prior session, with DIIs buying about Rs 6,760 crore versus FII sales of roughly Rs 3,597 crore.
- Autos outperformed on strong December sales updates, while FMCG fell as cigarette makers slid following a new excise duty on tobacco products.
- The market tone followed a year-end rebound a day earlier, when the Nifty closed at 26,129.60 and the Sensex at 85,220.60 with cyclical sectors in focus.
- Trading stayed subdued with many global markets shut for New Year’s Day, while the rupee’s late-2025 close near 89.88 per dollar underscored lingering currency pressure.