{"id":6197,"date":"2026-01-02T06:41:51","date_gmt":"2026-01-02T06:41:51","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6197"},"modified":"2026-01-02T06:50:19","modified_gmt":"2026-01-02T06:50:19","slug":"nifty-trades-above-26190-auto-stocks-lead-rally-with-maruti-suzuki-mandm-and-hero-leading-gains","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/nifty-trades-above-26190-auto-stocks-lead-rally-with-maruti-suzuki-mandm-and-hero-leading-gains\/","title":{"rendered":"Nifty Trades Above 26,190; Auto Stocks Lead Rally With Maruti Suzuki, M&#038;M and Hero Leading Gains"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Indian stock market commenced the second day of the year on a firm note, with benchmark indices showing resilient growth. As of Jan 2, 2026, at 9:23 AM IST, the NIFTY 50 index was trading at \u20b926,195.95, marking a steady gain of 49.40 points or 0.19% for the day. Simultaneously, as of 9:24 AM IST, the BSE SENSEX is trading at 85,360.59, reflecting a positive move of 171.99 points or 0.20%. This early momentum is primarily driven by a robust performance in the auto stocks, where industry giants Maruti Suzuki, M&amp;M and Hero MotoCorp are spearheading the rally.<\/span><\/p>\n<h2><b>Automotive Sector Drives Market Sentiment<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The automobile industry has emerged as the primary engine of growth in early trade, with investor sentiment lifted by strong December sales numbers and healthy year-on-year growth across the sector. Reflecting this momentum, the Nifty Auto index was trading at 28,737.75 as of 10:27 AM on Jan 2, up 257.20 points or 0.90 percent, underscoring broad-based buying interest in auto stocks.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/maruti-suzuki-india.html?id=1000003184\"><b>Maruti Suzuki<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Leading the pack of gainers, Maruti Suzuki opened at \u20b916,750.00 and climbed to a high of \u20b916,974.00. At 9:20 AM IST, its Last Traded Price (LTP) stood at \u20b916,931.00, representing a significant 1.33% increase.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/mahindra-&amp;-mahindra.html?id=1000003248\"><b>Mahindra &amp; Mahindra (M&amp;M)<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Following closely, M&amp;M reached its high of \u20b93,798.80, securing a 1.01% gain.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/hero-motocorp.html?id=1000002113\"><b>Hero MotoCorp<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> The two-wheeler giant reported a massive 40% spike in total sales for December, moving 4.56 lakh units compared to 3.24 lakh units in the previous year. As of Jan 2, 2026, at 9:54 AM IST, Hero MotoCorp Ltd is trading at \u20b96,013.00 on the NSE, surging by \u20b9171.50 (2.94%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/tvs-motors.html?id=1000004170\"><b>TVS Motor Company<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Reported an even more impressive 50% jump in total sales, with Electric Vehicle (EV) sales growing by 77% to reach 35,605 units. As of Jan 2, 2026, at 9:55 AM IST, TVS Motor Company Ltd was trading on the NSE at \u20b93,877.40, surging by \u20b983.00 (2.19%).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><a href=\"https:\/\/www.nseindia.com\/index-tracker\/NIFTY%20AUTO\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>Top Nifty Gainers at 9:20 AM IST<\/b><\/h2>\n<div style=\"overflow-x: auto;\">\n<table style=\"border-collapse: collapse; width: auto; margin-left: 0; margin-right: auto; font-family: Arial, sans-serif; text-align: left;\">\n<thead>\n<tr style=\"background-color: #f2f2f2; border-bottom: 2px solid #ddd;\">\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Stock Name<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Open (\u20b9)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">High (\u20b9)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">LTP (\u20b9)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr style=\"border-bottom: 1px solid #ddd;\">\n<td style=\"padding: 12px; border: 1px solid #ddd; font-weight: bold;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/maruti-suzuki-india.html?id=1000003184\">Maruti Suzuki<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">16,750.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">16,974.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">16,931.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">+1.33%<\/td>\n<\/tr>\n<tr style=\"border-bottom: 1px solid #ddd;\">\n<td style=\"padding: 12px; border: 1px solid #ddd; font-weight: bold;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/mahindra-&amp;-mahindra.html?id=1000003248\">Mahindra &amp; Mahindra<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">3,759.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">3,798.80<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">3,798.80<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">+1.01%<\/td>\n<\/tr>\n<tr style=\"border-bottom: 1px solid #ddd;\">\n<td style=\"padding: 12px; border: 1px solid #ddd; font-weight: bold;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/hindalco-industries.html?id=1000004194\">Hindalco<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">898.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">904.95<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">903.45<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">+0.95%<\/td>\n<\/tr>\n<tr style=\"border-bottom: 1px solid #ddd;\">\n<td style=\"padding: 12px; border: 1px solid #ddd; font-weight: bold;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/tata-motors.html?id=1000000115\">Tata Motors Passenger Vehicles<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">369.20<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">372.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">370.85<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">+0.90%<\/td>\n<\/tr>\n<tr style=\"border-bottom: 1px solid #ddd;\">\n<td style=\"padding: 12px; border: 1px solid #ddd; font-weight: bold;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bharat-electronics.html?id=1000005516\">Bharat Electronics<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">399.65<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">402.20<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">401.25<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">+0.89%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><a href=\"https:\/\/www.nseindia.com\/index-tracker\/NIFTY%20AUTO\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><span style=\"font-weight: 400;\">)<\/span><\/span><\/p>\n<h2><b>Macroeconomic Catalysts and Global Cues<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Several domestic and international factors are providing a supportive backdrop for the current market rally.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Robust GST Collections:<\/b><span style=\"font-weight: 400;\"> India\u2019s economic foundations remain strong, as evidenced by the December GST collections. The total collection reached \u20b91.74 lakh crore, reflecting a 6.1% year-on-year growth. This represents the fastest expansion seen in the last three months, boosting investor confidence in domestic consumption.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Monetary Policy Expectations:<\/b><span style=\"font-weight: 400;\"> Market participants are hopeful for another quarter-point rate cut from both the Federal Reserve and the Reserve Bank of India (RBI). Such a move would provide necessary liquidity and cushion any potential downsides, keeping the bullish sentiment alive.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Currency and Commodities:<\/b><span style=\"font-weight: 400;\"> The Indian Rupee opened marginally higher at \u20b989.93 per dollar on Friday, improving slightly from Thursday&#8217;s close of \u20b989.96. Meanwhile, global oil prices have steadied. Brent crude ended below $61, while West Texas Intermediate remained above $57 a barrel. Traders are currently focused on the upcoming OPEC+ video conference scheduled for January 4, where leaders are expected to maintain current supply levels.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">The Hindu, CNBC TV-18)<\/span><\/i><\/span><\/p>\n<h2><b>Corporate News and Deals<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The market is also seeing key corporate restructuring developments. A major highlight is the proposed merger between <\/span><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/bse\/devyani-international.html?id=1000007125\"><span style=\"font-weight: 400;\">Devyani International<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/sapphire-foods-india.html?id=1000009274\"><span style=\"font-weight: 400;\">Sapphire Foods<\/span><\/a><span style=\"font-weight: 400;\">. Under the scheme, Devyani International will issue 177 shares for every 100 shares held in Sapphire Foods. Reacting to this, Devyani International was quoting at \u20b9158.20, up by 6.93% at 9:19 AM IST.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the toy manufacturing sector, KV Toys India saw significant interest from institutional investors. The Royal Alpha Opportunity Fund purchased 42,000 shares at \u20b9332.57 per share, while the Vorton Opportunities Fund acquired 33,600 shares at \u20b9327.03 per share.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>Banking Sector: Q3 Updates in Focus<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Investors are closely monitoring the third-quarter business updates from key banking institutions.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/indian-bank.html?id=1000003937\"><b>Indian Bank<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Reported a total business jump of 13.4% to \u20b914.30 lakh crore. Gross advances increased by 14.5%, reaching \u20b96.40 lakh crore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/south-indian-bank.html?id=1000004095\"><b>South Indian Bank<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Witnessed a 12.17% zoom in total deposits to \u20b91.18 lakh crore. Notably, the CASA ratio improved to 31.84%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/punjab-&amp;-sind-bank.html?id=1000004709\"><b>Punjab &amp; Sind Bank<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Total business grew by 11.84% to \u20b92.49 lakh crore, with gross advances soaring by 15.25%.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">CNBC TV-18)<\/span><\/i><\/span><\/p>\n<h2><b>Stocks in News Today<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Several companies are expected to remain in the spotlight due to fresh orders and operational milestones:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/railtel-corporation.html?id=1000006965\"><b>RailTel Corporation of India<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Secured a \u20b956.71 crore order for implementing a Hospital Management Information System in Assam.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/aurobindo-pharma.html?id=1000000402\"><b>Aurobindo Pharma<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Its subsidiary has approved a \u20b9325 crore acquisition of Khandelwal Laboratories&#8217; non-oncology business.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/olectra-greentech.html?id=1000002511\"><b>Olectra Greentech<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Announced the commencement of commercial operations at its new Hyderabad EV facility, capable of producing 2,500 buses annually in its first phase.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/time-technoplast.html?id=1000001681\"><b>Time Technoplast<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Received critical approvals from Petroleum and Explosives Safety Organization (PESO) for manufacturing high-pressure composite cylinders.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source: <\/i><\/b><i><span style=\"font-weight: 400;\">Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>The Bottomline<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The positive start on Jan 2, 2026, suggests a strong underlying appetite for equities, particularly in the auto stocks and manufacturing sector. With the NIFTY 50 holding above the 26,190 level and the Sensex gaining ground, the focus now shifts to the sustainability of these gains as more Q3 earnings results trickle in.<\/span><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<div style=\"overflow-x: auto;\">\n<p><span style=\"font-size: 10pt;\"><b><i>Disclaimer:<\/i><\/b><i><span style=\"font-weight: 400;\"> Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. The securities are quoted as an example and not as a recommendation.<\/span><\/i><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">Investors are requested to do their own due diligence before investing. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant \u2013 IN \u2013 DP \u2013 416 \u2013 2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707) Regd. Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For complete Terms &amp; Conditions and Disclaimers visit: <\/span><\/i><a href=\"https:\/\/www.paytmmoney.com\/stocks\/policies\/terms\"><i><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com\/stocks\/policies\/terms<\/span><\/i><\/a><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Indian stock market commenced the second day of the year on a firm note, with benchmark indices showing resilient growth. As of Jan 2, 2026, at 9:23 AM IST, the NIFTY 50 index was trading at \u20b926,195.95, marking a steady gain of 49.40 points or 0.19% for the day. Simultaneously, as of 9:24 AM<a href=\"https:\/\/www.paytmmoney.com\/blog\/nifty-trades-above-26190-auto-stocks-lead-rally-with-maruti-suzuki-mandm-and-hero-leading-gains\/\">Continue reading <span class=\"sr-only\">&#8220;Nifty Trades Above 26,190; Auto Stocks Lead Rally With Maruti Suzuki, M&#038;M and Hero Leading Gains&#8221;<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":6200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[462,148,463,464,42,461,460,127,465,356],"class_list":["post-6197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-auto-stock-rally","tag-bse-sensex","tag-december-sales-data","tag-gst-collections","tag-indian-stock-market","tag-mm","tag-maruti-suzuki","tag-nifty-50","tag-q3-business-updates","tag-stock-market-opening"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=6197"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/6200"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=6197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=6197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=6197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}