-750x393.webp)
Indian equity markets ended marginally higher on January 16, 2026, with NIFTY 50 settling at 25,694.35, an increase of 28.75 points or 0.11%. The index experienced steady movement throughout the session as gains in IT stocks offset declines in select metal and consumer companies.
Technology stocks such as Infosys and Tech Mahindra witnessed strong buying interest, contributing significantly to the positive close. However, selling pressure in stocks like Eternal (Zomato), Jio Financial Services, and Cipla capped broader gains.
The benchmark index opened with a stable tone and maintained narrow fluctuations across the trading session. Strength in IT majors supported market sentiment, with multiple technology constituents featuring among the top gainers.
Meanwhile, declines in select FMCG and metal stocks weighed on the index, reflecting mixed sectoral performance. Trading activity remained robust, with high volumes recorded in both gainers and losers, signalling active participation across the market.
| Company | Open | High | Low | Previous Close | LTP | % Change |
| Infosys | 1,663.70 | 1,694.00 | 1,653.40 | 1,599.80 | 1,689.10 | 5.58 |
| Tech Mahindra | 1,600.00 | 1,680.70 | 1,600.00 | 1,588.50 | 1,672.00 | 5.26 |
| Wipro | 263.25 | 269.80 | 263.00 | 260.20 | 266.80 | 2.54 |
| HCL Technologies | 1,670.00 | 1,700.90 | 1,664.80 | 1,668.50 | 1,696.50 | 2.41 |
| Tata Consultancy Services | 3,219.40 | 3,221.90 | 3,171.00 | 3,192.50 | 3,209.00 | 2.34 |
| Company | Open | High | Low | Previous Close | LTP | % Change |
| Eternal (Zomato) | 294.05 | 296.80 | 286.80 | 299.25 | 288.00 | -3.76 |
| Jio Financial Services | 287.00 | 291.00 | 277.15 | 287.00 | 277.95 | -3.15 |
| Cipla | 1,379.00 | 1,409.50 | 1,367.20 | 1,434.50 | 1,398.00 | -2.54 |
| Hindalco Industries | 966.50 | 966.50 | 930.00 | 955.35 | 932.00 | -2.44 |
| Asian Paints | 2,787.90 | 2,826.50 | 2,750.50 | 2,813.90 | 2,756.70 | -2.03 |
Technology stocks outperformed during the session, with all major IT names posting gains. Financial stocks showed mixed movement, as ICICI Bank traded firm while Jio Financial Services declined.
The metals segment faced pressure due to declines in Hindalco, which weighed on the broader commodities basket. FMCG stocks also remained weak, with Asian Paints contributing to downside pressure within the sector.
Read More: BlackRock’s Assets Reach Record $14 Trillion Amid Q4 Market Surge.
NIFTY 50 closed slightly higher on January 16, 2026, supported by strong buying in technology stocks. Infosys and Tech Mahindra led the gains, while Eternal (Zomato) and Jio Financial Services were among the most affected on the downside.
Trading volumes remained elevated across both gainers and losers, highlighting active investor participation. The session showcased a clear sectoral divergence, with IT strength balancing declines in FMCG and metals.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 16, 2026, 4:08 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
