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Sensex Nifty Updates January 16: Markets Settle Higher, Infosys and Tech Mahindra Shine
Last Updated: 16th January 2026 - 04:22 pm
Indian markets closed marginally higher on Friday, supported by strong buying in IT stocks. The Sensex rose 0.23% to end at 83,570, while the Nifty 50 added 0.11% to close at 25,694. Nifty Bank outperformed with a 0.86% gain. Infosys and Tech Mahindra led the rally, while losses in FMCG and pharma stocks capped overall upside.
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Stock Market Highlights, January 16
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Domestic Indices End Mixed with Mild Gains: Indian benchmarks closed marginally higher, with the Sensex up 0.23% at 83,570.35 and the Nifty 50 edging up 0.11% to 25,694.35. The Nifty Bank outperformed, rising 0.86%. IT stocks led the rally, with Infosys surging 5.63% and Tech Mahindra gaining 5.16%, while Eternal slipped 3.86% to top the losers’ list.
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Global Cues Weak to Mixed: Asian markets traded lower, with Japan’s Nikkei down 0.32%, Hong Kong’s Hang Seng slipping 0.29%, and the Shanghai Composite easing 0.22%. European markets were mixed at mid-session, as the FTSE 100 inched up 0.10%, while the DAX fell 0.13% and the CAC 40 declined 0.41%.
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Wall Street Recap: In the previous session, U.S. markets ended higher, with the Dow Jones rising 0.60%, the NASDAQ gaining 0.25%, and the S&P 500 advancing 0.26%.
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Top Gainers
| Company | Gain |
| Infosys | 5.63% |
| Tech Mahindra | 5.16% |
| Wipro | 2.79% |
| HCL Tech | 1.77% |
| TATA Cons. Prod | 1.51% |
Top Losers
| Company | Loss |
| Eternal | -3.86% |
| Jio Financial | -2.86% |
| Cipla | -2.58% |
| Hindalco | -2.17% |
| Asian Paints | -2.03% |
Indian Market Cues
| Index | Value | Change (%) |
|---|---|---|
| Gift Nifty | 25,737.00 | -0.25% |
| Nifty 50 | 25,694.35 | 0.11% |
| Nifty Bank | 60,095.15 | 0.86% |
| SENSEX | 83,570.35 | 0.23% |
India VIX
| Volatility Index | Value | Change (%) |
| India VIX | 11.3725 | 0.46% |
Asian Markets
| Index | Value | Change (%) |
| Nikkei | 53,936 | -0.32% |
| Hang Seng | 26,844 | -0.29% |
| Shanghai Composite | 4,701 | -0.22% |
European Market Mid-Session Update
| Index | Value | Change (%) |
| FTSE 100 | 10,249 | 0.10% |
| DAX | 25,320 | -0.13% |
| CAC 40 | 8,278 | -0.41% |
| STOXX 50 | 6,025 | -0.27% |
U.S. Markets Live Today
| Index | Value | Change (%) |
|---|---|---|
| Dow Jones | 49,442.44 | 0.60% |
| NASDAQ | 23,530.02 | 0.25% |
| S&P 500 | 6,944.47 | 0.26% |
*As of 15:45 IST
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.
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