Wednesday’s opening of the benchmark indices Sensex and Nifty50 was uneven, despite favorable global indications.
The Nifty50 gained 5.15 points to start the session at 26,333.70, while the BSE Sensex dropped 121.96 points to open at 85,640.05.
HCLTech, Infosys, and Tech Mahindra were among the top laggards on the BSE, while BEL, SBI, and Reliance Industries led the gains.
ONGC, Coal India, and BEL were the biggest winners on the NSE, while HCLTech, Infosys, and Wipro pulled the index down.
The Nifty Smallcap 100 increased by 0.19 percent while the Nifty Midcap 100 decreased by 0.55 percent, indicating a mixed trend in broader markets.
With a rise of 1.3%, Nifty PSU Bank led the sector charts, followed by the Media index, which increased by 1.08%. Nifty IT, on the other hand, performed the poorest, falling 0.75 percent.
Monday’s opening of the Indian rupee was flat compared to Friday’s close of 90.20/$
As sentiment was impacted by geopolitical tensions between the US and Venezuela, investors flocked to purchase precious metals on Monday. Early trading on January 5 saw a 1% increase in MCX Gold futures and a roughly 3% increase in MCX Silver.
Global Cues
In terms of international statistics, investors are looking forward to ISM manufacturing and employment data from the US, as well as consumer credit and mortgage lending data from the Bank of England in the UK.
Following the US announcement over the weekend that it had attacked Venezuela and captured President Nicolás Maduro, markets in Asia-Pacific began the first full trading week of 2026 on a more positive note. In the first trading session of the year, South Korea’s Kospi index rose 2.19 percent to a record high of 4,420.92, while Japan’s benchmark Nikkei 225 increased 2.26 percent. The S&P/ASX 200 in Australia was flat.
Wall Street concluded the session on Friday, January 2, with mixed results. While the tech-heavy Nasdaq Composite fell 0.03 percent, the Dow Jones Industrial Average increased 0.66 percent and the wider S&P 500 increased 0.19 percent.
On Monday, oil prices slightly increased. US West Texas Intermediate (WTI) crude was up 0.10 percent at $57.38 per barrel, while Brent crude was up 0.25 percent at $60.90 per barrel.
