Indian Stock Market Kicks Off 2025 With Bang, Rises by 1,436 Points

After a muted start to the year, the Indian stock market surged to new heights on Thursday, January 2, 2025, driven by a strong rally in auto stocks fueled by robust December car sales data.

The Sensex ended the day at 79,943.71, up by 1,436.30 points or 1.83%. Similarly, the Nifty closed at 24,188.65, rising by 445.75 points, or 1.88%. The rally reflected optimism about the upcoming earnings season and a broad-based market boost.

Stock Market In The Auto Sector

The standout performer was the Nifty auto index, which surged 3.79%, thanks to impressive sales figures for December that outpaced typical seasonal demand slowdowns. Market experts attributed the positive momentum to strong sales in the auto sector, alongside solid performances in banking and IT stocks.

Intra-day, the Sensex reached a high of 80,032.87, while the Nifty hit its peak at 24,226.70. The rally also extended to the broader market, with the Nifty Midcap 100 index climbing 657.30 points, or 1.14%, to close at 58,108.20, and the Nifty Smallcap 100 index rising by 120.55 points, or 0.64%, to 19,080.35.

Sectoral Performance And Market Sentiment

The sectoral performance showed broad-based gains. The auto sector led the way, followed by strong performances in IT, consumer goods, financial services, FMCG, and real estate sectors.

On the Bombay Stock Exchange (BSE), 2,400 shares advanced, while 1,571 declined. A total of 115 shares remained unchanged.

Market analysts noted that the overall market momentum was bolstered by growing optimism ahead of the earnings season, set to begin next week. “The auto sector’s robust December sales defied the usual seasonal slowdown, while banking and IT stocks continued their strong run, reflecting the economy’s recovery from Q2,” said one expert.

Top Gainers In Sensex Pack

Several major stocks contributed to the market’s positive performance. In the Sensex pack, top gainers included Bajaj Finserv, Bajaj Finance, Maruti Suzuki, Titan, M&M, Infosys, HCLTech, Zomato, UltraTech Cement, Kotak Mahindra Bank, and IndusInd Bank.

The only notable loser in the top stocks was Sun Pharma.

Overall, the Indian stock market’s first trading day of the year showcased significant optimism, with broad gains across sectors and investor confidence building ahead of the earnings season.

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