Stock market closes in green; Sensex jumps 302 points, Nifty crosses 25700
Indian stock markets staged a strong comeback on Monday, January 12 after five trading days of declines. Positive cues from the US boosted investor confidence, and the Sensex surged nearly 1,100 points from its day’s low. Fresh buying was seen across key sectors following a statement by US Ambassador to India, Sergio Gor, that trade talks between the US and India could begin on Tuesday. This fueled a robust recovery in the market.
The Sensex rebounded from its day’s low to close at 83,878, a gain of 302 points or 0.36 percent. The Nifty also showed a strong trend, rising from its day’s low of 25,473.40 to 25,813.15 before closing at 25,790, a gain of 107 points or 0.42 percent.
Experts noted that “although market indicators are still negative, the 100-day EMA (25,540–25,600) provided support and helped initiate the recovery.” The next major resistance level for the market is seen at 25,800–25,870.
Despite the gains in the major indices, the broader market remained under pressure. The Nifty Midcap index saw a marginal decline of 0.05 percent, while the Nifty Smallcap index fell by 0.52 percent.
On the economic front, investors are now focusing on upcoming key events. The December retail inflation (CPI) data is scheduled to be released later in the evening. Additionally, the Union Budget, which will be presented on February 1, 2026, is also on investors’ radar.
