On Thursday, the Indian bourses opened the first day of the year 2026 on a positive note in the pre-opening session, with the NIFTY 50 trading at 26,173.30, up 0.17%, and the SENSEX up by 0.04% at 85,255.55.

Global cues

• Major Asian markets are closed for the day, while losses in tech stocks dragged U.S. markets.

Gift Nifty

• On January 1, 2025, the GIFT Nifty traded in the red amid negative cues from U.S. markets and the exit of foreign investors.

Asian Markets

• TAIEX continued to trade in green for the second day, led by the rally in TSMC shares.
• Nikkei and KOSPI are closed due to the New Year’s Day holiday.
• Hang Seng traded lower, reflecting the U.S. market’s losses.

US & European Markets

• U.S. markets continued to trade lower for the fourth consecutive day amid heavy selling in tech stocks.

On Thursday, the Indian bourses opened the first day of the year 2026 on a positive note in the pre-opening session, with the NIFTY 50 trading at 26,173.30, up 0.17%, and the SENSEX up by 0.04% at 85,255.55.

Global cues

• Major Asian markets are closed for the day, while losses in tech stocks dragged U.S. markets.

Gift Nifty

• On January 1, 2025, the GIFT Nifty traded in the red amid negative cues from U.S. markets and the exit of foreign investors.

Asian Markets

• TAIEX continued to trade in green for the second day, led by the rally in TSMC shares.
• Nikkei and KOSPI are closed due to the New Year’s Day holiday.
• Hang Seng traded lower, reflecting the U.S. market’s losses.

US & European Markets

US MARKETS

LTP

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Change

DOW JONES

48,084.30

48,388.07

-0.63%

S&P 500

6,866.77

6,917.24

-0.73%

Nasdaq

23,269.97

23,440.08

-0.73%

• U.S. markets continued to trade lower for the fourth consecutive day amid heavy selling in tech stocks.

EU MARKETS

LTP

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Change

FTSE

9,931.38

9,940.71

-0.09%

CAC

8,149.50

8,168.15

-0.23%

DAX

24,490.41

24,351.12

0.57%

• The United Kingdom’s FTSE traded lower, dragged by losses in Fresnillo, Experian, Endeavour Mining, Ashtead Group, ICG, Relx, JD Sports Fashion, Dimploa, and Smiths Group.
• The French index, CAC, traded in the red, dragged down by political uncertainty, rising debt concerns, and surging bond yields.
• The German markets were closed on account of New Year’s Eve.

Commodities

COMMODITIES

LTP ($)

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Change

BRENT CRUDE

60.7900

61.3300

-0.89%

GOLD

4,317.6400

4,338.4900

-0.48%

CRUDE OIL

57.4000

57.9500

-0.96%

NATURAL GAS

3.5570

3.8260

-7.56%

SILVER

71.6445

76.2475

-6.42%

• Crude oil prices traded lower as investors anticipate an increase in oversupply in a year marked by wars, higher tariffs, increased OPEC+ output, and sanctions on Russia, Iran, and Venezuela.
• Precious metals, such as gold and silver, traded lower amid profit-taking after their recent rally.
• Natural gas traded lower after Atmospheric G2 forecasted warmer temperatures over much of the eastern U.S for January 5-9.

Currency Movements

CURRENCY

LTP

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Change

DOLLAR INDEX

98.3200

98.2400

-0.08%

USD/INR

89.8700

89.8000

-0.08%

GBP/INR

120.7943

121.3382

0.45%

EUR/INR

105.4919

105.6665

0.17%

• The dollar index traded higher amid a rise in U.S Treasury yields.
• The rupee weakened against the dollar after heavy FII selling.
• The pound and euro weakened against the rupee as forex investors adjusted their positions in the final hours of 2025.

Sectors to watch

• Automobile sector: The government's PLI Auto scheme gained a cumulative investment of ₹35,657 crore and cumulative determined sales of ₹32,879 crore, with 48,974 jobs generated till September 2025
• Banking sector: According to the RBI’s half-yearly Financial Stability Report, the aggregate Gross Non Performing Asset (GNPA) ratio of the 46 banks may improve from 2.1% in September 2025 to 1.9% in March 2027 under the baseline scenario.
• Real Estate Sector: With strong demand, infrastructure development, and improved affordability, Mumbai’s real estate market hits a record high in 2025, posts best-ever December with 4,400 registrations and ₹1,260 crore in stamp duty.

Stocks to watch

• NBCC India: NBCC India received three orders from Canara Bank and Navodaya Vidyalaya Samiti, including the planning, design, and execution of the construction of the Head Office Annex Building for Canara Bank at Rachanahalli Village, Bengaluru.
• Vodafone Idea: Vodafone Idea will receive ₹5,836 crore from the Vodafone Group, under the revised Implementation Agreement to resolve its long-standing contingent liability with the promoters.
• Hyundai India: Hyundai will increase its vehicle prices starting January 1, 2026, to mitigate the impact of higher input costs.
• IRFC: IRFC entered into a rupee term loan agreement with Maharashtra State Power Generation Company (MAHAGENCO) for a sanctioned amount of ₹5,000 crore, of which ₹3,000 crore has been disbursed.

FII and DII Inflows - 31st December 2025

(The above numbers are in ₹ Cr)

• On 31st December, net inflows were ₹3,162.26 crore, with DIIs as net buyers and FIIs as net sellers, amid negative global market sentiment.

Things to look out for

• China’s current account surplus rose to a record $198.7 billion in Q3 2025-26.
• India’s fiscal deficit rose to ₹9.77 trillion in April–November 2025–26.