On Friday, the Indian equity market closed the first week of 2026 trading positively. Nifty 50 opened at 26,155.10, reaching a high of 26,340.00, and closing at 26,328.55, up by 0.70%. Similarly, the BSE Sensex opened at 85,259.36, reached a high of 85,812.27, and ended at 85,762.01, up by 0.67%.Reasons for the positive sentimentThe following are the reasons for the positive sentiment:In the currency market, the rupee appreciated by 6 paise to 89.92 against the U.S dollar.Positive cues from the Asian markets amid gains in tech stocks.Strong buying was seen in the large-cap stocks.Major Indices Today IndicesLTPPrev closeChangeNifty 5026,328.5526,146.550.70%BSE Sensex85,762.0185,188.600.67%Next 5070,416.9069,675.401.06%Bank Nifty60,150.9559,711.550.74%Fin Nifty27,899.1527,666.800.84% Nifty and Sensex traded in green, led by gains in Banking and Automobile stocks.Nifty Next 50 traded in the green, led by the gains in Power, Metal and Automobile stocks.The Bank Nifty traded higher after strong business updates for the December quarter.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT38,320.3038,171.500.39%Nifty Auto28,803.6528,480.551.13%Nifty FMCG53,078.8053,718.50-1.19%Nifty Pharma22,790.9022,632.750.70%Nifty Healthcare14,725.6514,611.700.78%Nifty Oil & Gas12,340.0512,232.700.88% Nifty IT traded in green after Motilal Oswal maintained a cautiously optimistic stance on the Indian IT sector for the calendar year 2026, highlighting a recovery driven by AI-led demand.Nifty Auto traded higher after carmakers reported strong sales data driven by the GST cut, income tax rebate in the last union budget, and the cumulative 125 basis points repo rate cut by the RBI.Nifty FMCG continued to trade in the red after ITC’s market capitalisation eroded by ₹72,000 crore following the excise duty on cigarettes.Nifty Pharma traded in the green after news that the Ministry of Health is in talks with states to weigh options for extending the implementation of the revised Schedule M regulations.Nifty Oil and Gas traded in green after fuel demand in December exceeded their average year-to-date growth rates, with diesel demand rising sharply by 5% YoY.Market Movers TodayCoal India shares rose by 6.% after the company announced that coal consumers in neighbouring countries, Bangladesh, Bhutan, and Nepal, can participate directly in its Single Window Mode Agnostic (SWMA) e-auctions.Vodafone Idea shares rose by 4% after a report claimed that the company's AGR dues may be reduced to half following the DoT committee's reassessment.Shares of Devyani International rose by 8% while Sapphire Foods shares dropped by 6% after both companies announced plans for a merger.Olectra Greentech shares rose by 6% after the announcement of the beginning of operations at its EV facility in Hyderabad. Top Gainers Company NameLTPPrev CloseChangeBosch39,420.0036,140.009.08%Coal India427.90400.456.85%NHPC83.6279.565.10%Torrent Power1,399.401,327.005.46%Piramal Pharma178.48169.885.06% Top Losers Company NameLTPPrev CloseChangeITC350.05363.85-3.79%Waaree Energies2,866.302,955.30-3.01%APL Apollo Tubes1,931.901,970.00-1.93%Bajaj Holdings and Investments11,181.0011,342.00-1.42%Swiggy387.20390.70-0.90% 52W High Stocks Company NameLTP52W highChangeReliance Industries1,592.301,594.601.06%Larsen & Toubro4,163.404,172.700.56%Maruti Suzuki16,960.0016,999.001.51%Mahindra & Mahindra3,802.403,812.001.10%Bajaj Auto9,502.509,633.00-0.58% 52W Low Stocks Company NameLTP52W lowChangeLG Electronics1,483.401,460.10-0.09%Cohance Lifesciences518.30515.10-0.99%Vedant Fashions579.65572.050.69%Concord Biotech1,311.501,302.00-1.86%Aavas Financiers1,443.401,418.10-1.08% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea11.7811.601.55%Yes Bank22.2921.493.72%Suzlon Energy54.2852.473.45%IREDA146.64139.365.22%Canara Bank154.87154.240.41% Market AnnouncementsMCX shares adjusted to a 1:5 stock split from closing at ₹10,989 per share on January 1, to open at ₹2,230 apiece on January 2.Adani Enterprises is planning to raise ₹10 billion ($111.16 million) via a public bond issue and is set to hit the bond markets next week.