Indian equity markets closed on a positive note on January 12, 2026, with benchmark indices extending intraday gains in the final hour of trade. Strong buying in metal stocks, sustained strength in financials, and selective accumulation in consumption names helped the Nifty 50 end firmly in the green, despite weakness in IT and select financial heavyweights.
At the close (15:30 IST), the Nifty 50 settled at 25,790.25, up 106.95 points or 0.42%. The index witnessed a steady recovery through the session after a subdued start.
Open: 25,669.05
High: 25,813.15
Low: 25,473.40
Broader indices and key sectors also supported the rally:
Nifty Next 50: 68,699.05 (+0.30%)
Nifty Financial Services: 27,518.50 (+0.50%)
Nifty Bank: 59,450.50 (+0.34%)
The overall market breadth reflected a risk-on sentiment, led by strong participation in cyclical sectors.
Top Gainers: Metal Stocks Steal the Spotlight
Metal and commodity-linked stocks dominated the gainers’ list, supported by strong volumes and high traded value, indicating robust institutional participation.
Coal India jumped 3.39% to ₹432.55, with heavy volumes of 144.08 lakh shares and traded value of ₹618.50 crore, emerging as the session’s top performer.
Tata Steel climbed 2.75% to ₹183.30 on the back of strong volumes (257.82 lakh shares), signaling renewed optimism in the steel space.
Asian Paints gained 2.50% to ₹2,896.20, extending its momentum on consumption-led buying.
JSW Steel rose 2.26% to ₹1,185.00, reinforcing the strength across metal counters.
Hindalco advanced 2.21% to ₹920.90, supported by sustained interest in aluminium producers.
The broad-based rally in metals suggests expectations of improved demand outlook and firm global commodity prices.
Top Losers: IT and Financials Face Profit Booking
Despite the strong close, a few heavyweight stocks witnessed selling pressure, limiting the upside.
Infosys declined 1.02% to ₹1,597.60, weighing on the IT pack.
Bajaj Finance fell 1.00% to ₹950.00, indicating cautious sentiment in select NBFC names.
TMPV eased 1.00% to ₹350.60.
Bajaj Auto slipped 0.88% to ₹9,478.50 amid mild profit booking.
Eicher Motors dropped 0.85% to ₹7,443.00, continuing the weakness seen in auto stocks earlier in the day.
The divergence highlights that while broader sentiment improved, investors remained selective in positioning.
Market Trend: Cyclicals Lead, Rotation Continues
The session clearly reflected a sector rotation theme, with investors shifting focus towards metals and commodity plays, while trimming exposure in IT and select financials. Strength in banking and financial services indices further reinforced confidence in the broader market structure.
With key indices closing near the day’s high, short-term sentiment appears constructive, although stock-specific volatility is likely to persist.
Conclusion
The Nifty’s strong close at 25,790 marks a decisive comeback after intraday consolidation, driven primarily by a sharp rally in metal stocks and supportive action from financials. Coal India, Tata Steel, JSW Steel, and Hindalco emerged as clear leaders, while weakness in Infosys and Bajaj Finance capped broader gains. Going ahead, market participants are expected to track earnings cues and global commodity trends for further direction.