{"id":6201,"date":"2026-01-02T13:32:11","date_gmt":"2026-01-02T13:32:11","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6201"},"modified":"2026-01-02T13:36:44","modified_gmt":"2026-01-02T13:36:44","slug":"nifty-sensex-close-at-record-levels-coal-india-ntpc-and-psu-banks-drive-momentum","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/nifty-sensex-close-at-record-levels-coal-india-ntpc-and-psu-banks-drive-momentum\/","title":{"rendered":"Nifty, Sensex Close at Record Levels; Coal India, NTPC and PSU Banks Drive Momentum"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the second trading session of the year, Indian stock markets reached a historic peak as the Nifty 50 closed above the 26,300 level for the very first time. The surge was driven by the exceptional performance of Coal India, SBI and NTPC, which featured prominently among the day\u2019s top five gainers in a record-breaking session. The landmark achievement underscores a strong start to 2026, as investor confidence remains high following positive economic data and strategic corporate updates.<\/span><\/p>\n<h2><b>Market Performance Overview<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Nifty 50 reached a new closing high of 26,328.55, gaining 182.00 points or 0.70%. During the day, the index reached an intraday peak of 26,340, showing strong buying interest from the opening bell. At the same time, the BSE Sensex rose by 573.41 points or 0.67% to finish the day at 85,762.01.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Smaller companies also saw gains, with the BSE midcap and smallcap indices rising by nearly 1%. The Bank Nifty, helped by a strong showing from SBI, reached a new milestone by crossing 60,151, while the Nifty PSU Bank index grew by 1.87% to finish at 8,731.65. The Indian rupee ended slightly weaker at 90.19 against the US dollar.<\/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;\"> NSE, <\/span><\/i><a href=\"https:\/\/www.bseindia.com\/sensex\/code\/16\/\"><i><span style=\"font-weight: 400;\">BSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">)<\/span><\/i><\/span><\/p>\n<h2><b>Top Nifty Gainers: January 2, 2026<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The table below features the best-performing stocks of the day, with Coal India, SBI and NTPC among the top names:<\/span><\/p>\n<div style=\"text-align: left;\">\n<table style=\"border-collapse: collapse; width: auto; margin-left: 0; margin-right: auto; font-family: Arial, sans-serif; border: 1px solid #ddd;\">\n<thead>\n<tr style=\"background-color: #f2f2f2; text-align: left;\">\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>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/coal-india.html?id=1000004665\">Coal India<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">401.35<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">429.50<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">429.10<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #2e7d32; font-weight: bold;\">+7.15%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ntpc.html?id=1000005608\">NTPC<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">336.80<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">353.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">351.65<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #2e7d32; font-weight: bold;\">+4.56%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><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;\">927.30<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">926.50<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #2e7d32; font-weight: bold;\">+3.53%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/trent.html?id=1000003415\">Trent<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">4,300.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">4,437.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">4,400.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #2e7d32; font-weight: bold;\">+2.39%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/state-bank-of-india.html?id=1000002598\">SBI<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">984.50<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">1,009.50<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">1,005.65<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #2e7d32; font-weight: bold;\">+2.12%<\/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><i><span style=\"font-weight: 400;\"> NSE)<\/span><\/i><\/span><\/p>\n<h2><b>Key Market Drivers<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Two main factors helped push the market to these new heights:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Interest Rate Hopes:<\/b><span style=\"font-weight: 400;\"> Investors are hopeful that the US Federal Reserve and the RBI will announce interest rate cuts soon. This expectation has kept the market mood very positive.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strong GST Data:<\/b><span style=\"font-weight: 400;\"> Goods and Services Tax (GST) collections for December 2025 reached \u20b91.74 lakh crore. This is a 6.1% increase compared to the previous year and the fastest growth seen in three months.<\/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)<\/span><\/i><\/span><\/p>\n<h2><b>Stock Specific Highlights<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/coal-india.html?id=1000004665\"><b>Coal India<\/b><\/a><b>: <\/b><span style=\"font-weight: 400;\">Coal India was the star performer today, surging over 7%. The company announced a major policy shift allowing foreign buyers from Bangladesh, Bhutan, and Nepal to bid directly in its digital coal auctions starting January 1, 2026. Previously, these buyers had to work through local agents. This change is expected to help Coal India grow its sales across borders and improve its revenue.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ntpc.html?id=1000005608\"><b>NTPC<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> NTPC shares rose by over 4%. The company is actively seeking international partners to build nuclear power plants. NTPC aims to create 30 GW of nuclear energy, helping India move toward its national target of 100 GW of nuclear capacity by 2047.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/state-bank-of-india.html?id=1000002598\"><b>SBI<\/b><\/a><b> and Banking Records:<\/b><span style=\"font-weight: 400;\"> The banking sector saw significant interest, with SBI gaining over 2% to close at \u20b91,005.65. The Bank Nifty hit a fresh record high as investors responded to strong third-quarter updates from other major banks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Auto Sector: <\/b><span style=\"font-weight: 400;\">The Nifty Auto Index reached an all-time high of 28,867. Strong December sales helped companies like <\/span><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bajaj-auto.html?id=1000004640\"><span style=\"font-weight: 400;\">Bajaj Auto <\/span><\/a><span style=\"font-weight: 400;\">and <\/span><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/tvs-motors.html?id=1000004170\"><span style=\"font-weight: 400;\">TVS Motor<\/span><\/a><span style=\"font-weight: 400;\"> reach their highest price of the year. Gains were also seen in stocks such as Maruti, Ashok Leyland, and Eicher Motors amid broad-based buying in auto names.<\/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, Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>Stocks Scaling Fresh 52 Week High<\/b><\/h2>\n<div style=\"text-align: left;\">\n<table style=\"border-collapse: collapse; width: auto; margin-left: 0; margin-right: auto; font-family: Arial, sans-serif; border: 1px solid #ddd;\">\n<thead>\n<tr style=\"background-color: #f2f2f2; text-align: left;\">\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Stock Symbol<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Current Price (\u20b9)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">52-Week High (\u20b9)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ashok-leyland.html?id=1000002580\">Ashok Leyland<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">187.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">190.00<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bajaj-auto.html?id=1000004640\">Bajaj Auto<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">9,499.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">9,633.00<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bhel.html?id=1000005378\">BHEL<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">299.70<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">300.85<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">Chola Finance<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">1,779.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">1,789.10<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/idfc-first-bank.html?id=1000003995\">IDFC First Bank<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">85.87<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">87.00<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/larsen-&amp;-toubro.html?id=1000004106\">L&amp;T<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">4,164.70<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">4,172.70<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/manappuram-finance.html?id=1000004759\">Manappuram<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">311.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">319.40<\/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\/market-data\/top-gainers-losers\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">)<\/span><\/i><\/span><\/p>\n<h2><b>Other Important Business News<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>UCO Bank:<\/b><span style=\"font-weight: 400;\"> Reported that its total business reached \u20b95.54 lakh crore this quarter, with loans growing by more than 16% compared to last year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/e2e-networks.html?id=1000006734\">E2E Networks<\/a>:<\/b><span style=\"font-weight: 400;\"> Won a contract worth \u20b98.48 crore to provide cloud computing services to a global software company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Zodiac Energy:<\/b><span style=\"font-weight: 400;\"> Signed a deal to build a 10.8 MWp (Megawatt peak) solar power plant in Gujarat for a healthcare firm.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/icici-bank.html?id=1000005391\">ICICI Bank<\/a>:<\/b><span style=\"font-weight: 400;\"> Started a new &#8220;Capital Gains Account Scheme&#8221; on January 1 to help people save on taxes after selling property or shares.<\/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, Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>The Bottomline<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">With the Nifty and Sensex closing at record levels, investor focus now shifts to the sustainability of earnings growth and upcoming macro developments. Continued strength in PSU banks, power and autos suggests underlying confidence, even as global cues remain mixed.<\/span><\/p>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div style=\"text-align: left;\">\n<div style=\"text-align: left;\">\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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the second trading session of the year, Indian stock markets reached a historic peak as the Nifty 50 closed above the 26,300 level for the very first time. The surge was driven by the exceptional performance of Coal India, SBI and NTPC, which featured prominently among the day\u2019s top five gainers in a record-breaking<a href=\"https:\/\/www.paytmmoney.com\/blog\/nifty-sensex-close-at-record-levels-coal-india-ntpc-and-psu-banks-drive-momentum\/\">Continue reading <span class=\"sr-only\">&#8220;Nifty, Sensex Close at Record Levels; Coal India, NTPC and PSU Banks Drive Momentum&#8221;<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":6202,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[469,370,468,473,471,470,466,467,474,472],"class_list":["post-6201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bank-nifty-milestone","tag-coal-india-shares","tag-gst-collection-december-2025","tag-icici-bank-capital-gains-account","tag-indian-stock-market-news","tag-nifty-auto-index","tag-nifty-record-high","tag-ntpc-nuclear-energy-target","tag-psu-stocks-rally","tag-uco-bank-q3-results"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6201","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=6201"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/6202"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=6201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=6201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=6201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}