Stock Market
Sensex soars over 350 points, Nifty tops 26,250 as auto stocks fly
Mumbai/IBNS: Indian equity benchmarks opened on a strong note on Friday, with the BSE Sensex surging over 350 points and the NSE Nifty 50 trading above the 26,250 mark, media reports said.
At the opening bell, the Sensex was up about 100 points while the Nifty hovered above 26,150, before extending gains in early trade.
Among the top gainers were JBM Auto, which jumped 5.66%, followed by Olectra Greentech up 5.50% and Ola Electric Mobility rising 3.55%.
On the downside, ITC slipped 4.43%, Sapphire Foods India fell 3.75%, and Aditya Birla Sun Life AMC declined 3.07%. Shares of Hyundai Motor India Ltd also dropped nearly 3%, despite the company reporting a 7% year-on-year rise in December 2025 sales.
In other notable moves, TVS Motor Company shares gained 3% to hit a 52-week high, while Hero MotoCorp climbed 2% after reporting a robust 40% rise in December sales.
In the currency market, the rupee strengthened by 6 paise to 89.92 against the US dollar in early trade.
Commodity prices also rallied, with metal stocks gaining traction. Spot gold rose 1.3% to $4,372.02 per ounce as of 03:57 GMT, while spot platinum surged 3.1% to $2,116.40 per ounce, according to The Economic Times.
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