Stock Market LIVE Updates: GIFT Nifty indicates a strong start; US, Asian markets gain

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Market on Friday | Nifty ends at new record high, Sensex up 573 pts

The Indian benchmarks ended higher on January 2 with Nifty recorded fresh all-time high of 26,340, intraday, led by buying across the sectors barring FMCG. At close, the Sensex gained 573.41 points or 0.67 percent at 85,762.01, while the Nifty rose 182 points or 0.70 percent at 26,328.55.

Broader indices outperformed the main indices with Nifty midcap hitting new high, adding 1 percent, while Nifty smallcap index rose 0.7%.

In this week, BSE Sensex and Nfity50 added a percent each, extending the gains for the second consecutive week.

Nifty Bank index also hits fresh record high of 60,203.75, intraday.

Coal India, NTPC, Hindalco, Trent, Jio Financial were among top gainers on the Nifty, while losers were ITC, Nestle, Axis Bank, Kotak Mahindra Bank, Shriram Finance.

Except FMCG (down 1%), all other sectoral indices ended in the green with auto, metal, capital goods, media, realty, consumer durables, power, PSU rose 1-2%.