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Nifty smashes record

Financial Express Mumbai

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January 03, 2026

Earnings outlook, positive global cues drive rally; investors richer by ₹4.33L cr

- KISHOR KADAM

STARTING THE NEW year on a strong note, the benchmark Nifty scaled a new peak on Friday, supported by firm global cues and improved earnings expectations for the recently concluded quarter.

The Nifty surged 182 points, or 0.70%, to settle at a record closing high of 26,328.55, driven by gains in banking, metal and realty stocks. Intraday, the index touched a lifetime high of 26,340. The benchmark Sensex jumped 573.41 points, or 0.67%, to close at 85,762.01, just 74.11 points, or 0.09%, shy of its all-time closing high of 85,836.12 recorded on September 26, 2024. The index is 397.06 points, or 0.46%, below its recent intra-day peak of 86,159.02 hit on December 1, 2025.

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