Nifty tops 26,300 as India bank stocks hit record; Coal India jumps, ITC slides on excise hike
NEW YORK, January 2, 2026, 04:45 ET Indian shares rose on Friday, with the benchmark Nifty 50 trading above 26,300 and the Sensex up about 0.6% in noon deals, data from Upstox showed. The move mattered because it came on the second trading day of 2026, as investors positioned for a run of corporate updates ahead of the quarterly earnings season, The Economic Times reported. The Economic Times also said persistent foreign portfolio outflows have continued to temper risk appetite even as domestic sectors such as banks and metals lead gains. At 12:30 p.m. IST, the S&P BSE Sensex was
