Share Market Update: Stock market continues to rise, Sensex crosses 85500 and Nifty crosses 26200.

Stock Market Live Updates Jan 2: On the second trading day of the new year 2026, a tremendous bullish trend is being seen in the Indian stock market. During early trading on Friday, January 2, both BSE Sensex and NSE Nifty are trading in the green. The market had started flat, but within a short time, buying by investors took the index to new heights. Positive signals from global markets and enthusiasm from domestic investors have strengthened the market sentiment.

New level of Sensex and Nifty

Today Sensex has reached the level of 85,501 with a gain of 312 points, which is a relief news for investors. Nifty also did not lag behind and was seen trading at 26,239 with a rise of 93 points. In the initial minutes itself, the market has proved its strength by rising above the level of 85,259.

ITC decline and losers

Despite the boom in the market, a huge fall of about 4 percent was seen in the shares of the giant ITC today. ITC topped the list of top Sensex losers today, limiting the index’s gains slightly. Profit booking was also seen in other selected stocks due to which there was a mixed trend in the market.

Impact of global signals on the market

The positive signals coming from GIFT Nifty had prepared a good ground for the domestic market, which turned into reality. However, many major Asian markets like Japan and China are closed today due to holidays due to which trading may be a bit slow. In America too, trading on Wall Street was closed in the last session due to the New Year.

OPEC+ meeting and oil prices

Crude oil prices are currently seeing stability, with Brent crude trading below $61 per barrel. Investors’ eyes are now fixed on the important meeting of OPEC+ to be held on January 4. The decisions regarding production policy in this meeting will decide the direction of the market in the coming days.

Also read: There was a lot of jam to welcome the New Year… Liquor sales broke all records, how many sales were made in which state?

US sanctions and foreign diplomacy

The Trump administration has recently taken a tough stance on oil trade related to Venezuela and imposed sanctions on Chinese and Hong Kong companies. Amidst this diplomatic stir and global tension, investors have remained cautious and continued investing in selected stocks. The softening of the dollar index is also being considered a better sign for emerging markets.