Indian equity benchmarks ended Friday with strong gains, supported by firm global cues and buying in index heavyweights
Gaurav Garg,
Research Analyst
Lemonn Markets Desk
Mumbai, 2 January 2026: Indian equity benchmarks ended Friday with strong gains, supported by firm global cues and buying in index heavyweights, as the Nifty scaled a fresh lifetime high of 26,332 and the Sensex closed near 85,772. Broad-based buying, led by metals, banks and auto stocks, kept market breadth positive, while steady domestic institutional inflows helped offset persistent foreign selling. Optimism around an improving earnings outlook, healthy auto sales, positive bank business updates and expectations of reforms and a potential US trade deal further buoyed sentiment.
A marginally stronger rupee and supportive global markets added to the momentum. From a technical perspective, the breakout above key consolidation levels reinforces the bullish bias, with 25,900 emerging as an immediate support zone for the Nifty.
