Market breadth remained positive, with 2,066 stocks advancing against 1,958 declines on the BSE, where 4,241 stocks were traded.
The Sensex and Nifty maintained their upward momentum in afternoon trade on Friday, with the 30-share index rising 387.58 points or 0.46 per cent to 83,770.29 and the Nifty 50 gaining 93.35 points or 0.36 per cent to 25,758.95 at 12:45 pm, sustained by continued buying in IT stocks following Infosys’s upbeat revenue guidance.
The Sensex opened at 83,670.79 against its previous close of 83,382.71, while the Nifty opened at 25,696.05 compared to its previous close of 25,665.60. Both benchmarks extended gains from the morning session, when IT stocks had rallied sharply after Infosys raised its FY26 revenue guidance, boosting investor confidence.
Infosys led the gainers on the Nifty 50, surging 5.60 per cent to ₹1,689.40, followed by Tech Mahindra, which jumped 4.95 per cent to ₹1,667.20. Wipro advanced 3.23 per cent to ₹268.60, while TCS rose 2.42 per cent to ₹3,211.50. Shriram Finance also posted strong gains, climbing 3.05 per cent to ₹1,011.00.
On the losing side, Cipla declined 2.45 per cent to ₹1,399.30, while Eicher Motors fell 2.12 per cent to ₹292.90. Sun Pharma dropped 1.81 per cent to ₹1,669.90, Bharat Electronics slipped 1.78 per cent to ₹410.15, and Maruti Suzuki lost 1.63 per cent to ₹15,889.00.
Sectoral indices showed mixed performance, with Nifty Bank gaining 473.40 points or 0.79 per cent to 60,044.45, while Nifty Financial Services rose 86.60 points or 0.31 per cent to 27,587.30. Nifty Midcap 100 advanced 381.30 points or 0.64 per cent to 60,145.85, while Nifty Smallcap 100 edged up 14.15 points or 0.08 per cent to 17,420.50.
Market breadth remained positive, with 2,066 stocks advancing against 1,958 declines on the BSE, where 4,241 stocks were traded. A total of 75 stocks hit 52-week highs, while 190 touched 52-week lows. Some 166 stocks were in the upper circuit and 142 in the lower circuit.
The sustained buying comes despite continued foreign institutional selling, which saw FIIs offload ₹4,781 crore on January 14, though domestic institutional investors offset this with net purchases of ₹5,217 crore.
Published on January 16, 2026
