Nifty at fresh closing high, Sensex up 573 pts

The domestic share market traded higher on Friday 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.Coal India, NTPC, Hindalco, Trent, Jio Financial were the top gainers on the Nifty, while losers included ITC, Nestle, Axis Bank, Kotak Mahindra Bank, Shriram Finance.On the sectoral front, 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%.BSE midcap index added 1 percent and smallcap index rose nearly 1%.

#Markets traded higher led by HDFC Bank and Reliance, with investors eyeing PMI and forex data amid mixed global cues. pic.twitter.com/lAvfF1KK8Y

— newsinc24 (@newsinc24) January 2, 2026

Rupee Close: 
On 2 Jan'26,the Indian rupee slipped below the 90-mark and settled the day lower by 22 paise at 90.20  against the U.S. dollar on Friday , amid disappointing macroeconomic data and strengthening of the American currency in overseas markets.Forex traders said persistent foreign fund outflows and strong dollar demand from importers further dented investor sentiment. However, weak crude oil prices and a surge in the domestic equities cushioned the downside, they said, adding that any intervention by the RBI may support the rupee at lower levels.
Trading Guide: 
Market experts recommended five shares to buy on Friday-Prataap Snacks, PNB Housing Finance, KEI Industries, NTPC, and Bank of India.

(Business Correspondent)