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Moneycontrol02-01-2026, 16:09

Nifty Hits New Record High, Sensex Soars 573 Pts; Auto, Realty Lead Rally

  • Nifty achieved a new all-time high of 26,340 intraday, closing at 26,328.55, while Sensex gained 573.41 points to 85,762.01.
  • Broader markets, including Nifty midcap and smallcap indices, outperformed main indices; Nifty Bank also hit a record high of 60,203.75.
  • Most sectoral indices, led by auto, metal, and realty, ended in green, gaining 1-2%, except for FMCG which declined 1%.
  • Coal India, NTPC, Hindalco were top Nifty gainers; ITC, Nestle among losers after Morgan Stanley downgraded ITC.
  • Market outlook remains positive with experts forecasting further upside towards 26,600-26,750 for Nifty in the short term.

Why It Matters: Indian benchmarks scaled new peaks driven by broad-based buying, with a positive outlook for continued gains.

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