Markets at close: Indian key indices closed Friday’s trade on a high note, slashing intra-day gains. The Nifty 50 finished 29 points or 0.11% higher at 25,994, while the BSE Sensex surged 188 points or 0.23% to end at 83,570. The spotlight remained on IT stocks, contributing the most to the surge of indices.
The Nifty Bank outperformed key indices, ending 515 points or 0.86% higher at 60,095. The Nifty Midcap 100 closed 97 points or 0.18% higher at 59,868.
Markets at 1 PM: In afternoon trade, the Sensex was trading at 83,617.40, up 234.69 points or 0.28%. Meanwhile, the Nifty was holding at 25,718.40, higher by 52.80 points, or 0.21%.
Markets at 11 AM: The indices are rallying ahead with the Nifty at 25,800 and the Sensex jumping over 800 points intra-day. The small and midcap end of the markets also saw brisk buying. The Nifty IT Index surged nearly 3%
Markets at 10 AM: In early trade, Indian equity benchmarks moved higher, with the Sensex rising 711.44 points, or 0.82%, to 84,068.53, while the Nifty 50 gained 195.55 points, or 0.76%, to trade at 25,861.15.
Markets at open, January 16: Indian benchmark indices Sensex and Nifty opened today’s session on a positive note. The Sensex began trading at 83,670.80, rising 0.35%, while the Nifty opened at 25,670, up 0.12%.
“The support provided by 25600 has allowed a reversal pattern to mature, which gives us hope that Wednesday’s late recovery could have more legs. We will, however, look for consistent trades above 25,715 to pursue such upsides, which could ideally aim for 26020. That said, while we had taken a limited downside view on Wednesday, the potential for 25060 appears higher today, should we slip below 25600,” said Anand James, Chief Market Strategist, Geojit Investments.
Key global and domestic cues to watch on January 16, 2025
GIFT Nifty opened Friday in positive territory, rising 0.2% to 25,789. Global cues are likely to guide market sentiment, with investors tracking moves in Asian and US equities along with developments in currencies and commodity markets.
Indian equity benchmarks closed lower on January 14, with the BSE Sensex slipping 0.29% and the NSE Nifty 50 ending down 0.26%. Markets remained closed on January 15 due to Maharashtra municipal elections, as both the BSE and NSE operate out of Mumbai.
Asian Markets
Asia-Pacific markets showed a mixed trend on Friday. In Japan, the Nikkei 225 and the broader Topix index both moved lower, falling 0.41% and 0.42% respectively. South Korean markets were split, with the Kospi edging up 0.3% while the smaller Kosdaq slipped 0.21%. In Australia, the S&P/ASX 200 traded higher, gaining 0.22%.
US markets
In the US markets, key indices ended higher on January 15. The Dow Jones Industrial Average gained 0.60%, while the S&P 500 rose 0.26% and the Nasdaq Composite moved up 0.25%.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.04% higher at 98.39 on Friday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.10% to close at 90.29 to the dollar on January 14.
Crude Oil
Oil prices dropped about 4% on Thursday, ending a five-day rally. US President Donald Trump said the crackdown on protesters in Iran was easing, reducing fears of military conflict. Brent crude fell 4.15% to $63.76 a barrel, while US West Texas Intermediate crude declined 4.56% to $59.19 a barrel.
FII, DII data
Foreign investors continued to trim exposure to Indian equities on January 14, selling shares worth Rs 4,781 crore on a net basis. In contrast, domestic institutional investors stepped in as buyers, with net purchases of Rs 5,217 crore, as per provisional exchange data.
Gold rate today
Gold prices in India edged slightly lower. On the MCX, February 5, 2026 gold futures were trading at Rs 1,43,120 per 10 grams in the latest update.
In the international market, gold was trading at $4,604 per ounce.
Top sectors in last trading session
In the last trading session, Non-ferrous metal stocks saw a 3.45% increase, while mining stocks were up 2.84% during the session. Railway public sector undertakings also moved higher, with the sector rising 1.7%.
Best and worst performing business group in last trading session
Vedanta Group stocks moved up 4.9%, while Jindal O P Group gained 1.87%. Shares from the Williamson Magor Group were also higher, rising 1.85%. On the downside, Anil Ambani Group slipped 3.02%, and Patodia Group stocks declined 4.05%.