Indian Stock Market Kicks Off New Year with a Bang, Soars 1,436 Points

After a muted beginning, the Indian stock market welcomed 2025 with a bang on Thursday, surging more than 1,400 points, or 1.83 per cent, as auto stocks saw a bumper rally on the back of strong car sales data for December.

The Nifty auto index gained 3.79 per cent.

Sensex settled the day at 79,943.71 points, increasing 1,436.30, or up by 1.83%, whereas Nifty concluded at 24,188.65 by spiking by 445.75 points or by 1.88% point.

NIFTY intra day high went as high as to 24,226.70 and was highest for Sensex at 80,032.87 on a particular intra day.

The final closing of the Nifty Bank was at 51,605.55; it rose 544.95 points, which is 1.07 percent. The closing of the Nifty Midcap 100 at 58,108.20 after rising by 657.30 points that is 1.14 per cent and also the closing of the Nifty Smallcap 100 at 19,080.35 with a rise in 120.55 points which is 0.64 percent.

On BSE, it was seen that 2,400 shares concluded in green; 1,571 shares, however, marked red, whereas 115 were unchanged.

The NSE saw heavy buying in the Auto, IT, Consumption, Financial Service, FMCG and Realty sectors.
Market experts said increased momentum was seen in the domestic market driven by optimism about the upcoming earnings season starting next week. The rally was broad-based with most sectoral indices posting gains, they said.

"The auto sector led the pack, showing the strongest momentum owing to robust December sales that defy the usual subdued demand. Banking and IT stocks also did quite well, considering the economy had bottomed out in Q2," said an expert.

In the Sensex pack, Bajaj Finserv, Bajaj Finance, Maruti Suzuki, Titan, M&M, Infosys, HCLTech, Zomato, UltraTech Cement, Kotak Mahindra Bank, and IndusInd Bank were the top gainers. Only Sun Pharma was among the top losers.

FIIs sold equities worth Rs 1,782.71 crore on January 1, while domestic institutional investors bought equities worth Rs 1,690.37 crore on the same day.