Stock market: Indian stock market opened in the green for the second day of the year, rise in Sensex-Nifty.

Mumbai, 2 February. On the second and last trading day of the week of the calendar year 2026, major benchmarks of the Indian stock market opened in the green with gains. This is the second consecutive day of the new year when the domestic market has seen growth. Till the time of writing the news on the second trading day of New Year 2026 (around 9:20 am), Nifty was trading at 26,172.35 with a gain of 25.50 points or 0.11 percent, while the Sensex was trading at 85,293.55 with a gain of 104.95 points or 0.12 percent. During this period, buying was seen in auto and metal shares.

Talking about the broader market, the Nifty Midcap 100 index was up 0.31 percent, while the Nifty Smallcap 100 index was trading up 0.2 percent. Sector wise, Nifty Auto index was the leader with a gain of 0.73 percent. After this, Nifty PSU Bank rose 0.7 percent and Nifty Metal rose 0.56 percent. On the other hand, Nifty FMCG index fell by 1.2 percent, which was largely contributed by the sharp fall in ITC shares.

Shares of Maruti Suzuki, Mahindra & Mahindra, Asian Paints, BEL, HDFC Bank, NTPC and Tata Steel rose up to 1.3 percent in early trade. At the same time, ITC’s share fell by more than 4 percent and it was the stock that suffered the biggest loss. Apart from this, a decline was also seen in the shares of Titan, HCL Tech, Axis Bank and Tech Mahindra.

Market experts say that the strong increase of 25.8 percent in passenger vehicle sales on an annual basis in the month of December is a good sign for the auto sector. More importantly, this figure clearly shows the pace of growth in the country’s economy. It remains to be seen whether this growth, albeit at a slower pace, continues. But it is very important to maintain growth in the economy, because only this can ensure the growth of earnings required for the market and can gradually take the market higher with strength.

According to experts, the effect of positive news related to the auto industry has already been seen in the prices to a great extent. The sector that was left behind last year is the consumer durables sector, which has good potential for growth in future. The full benefit of reduction in interest rates and relief in GST has not yet been visible in the demand of this sector. In such a situation, the consumer durables sector may perform better in the short term.

The Indian stock market closed flat in the first trading session of the year on Thursday. There was a slight decline in the Sensex and a slight rise in the Nifty. During this period, BSE Sensex fell 32 points or 0.04 percent to close at 85,188.60, while NSE Nifty rose 17 points or 0.06 percent to close at 26,146.55 and remained well above the level of 26,100.