Auto, metals lead rise in Indian shares; ITC caps gains

Jan 2, 2026, 13:12 GMT+7
Reuters - India's equity benchmarks Nifty 50and Sensexrise about 0.5%, each, in a broad rally led by auto and metal stocks, while a decline in ITC caps gains
** Fifteen of the 16 major sectors advance; auto indexgains 1.1%, two-wheeler makers Hero MotoCorpand TVS Motorgain 2%, each on the rise in December sales
** Metalsgain 1.%, tracking an uptick in metal prices on a weaker U.S. dollar and growth in China's factory activity
** Corporate business updates signal improvement in December quarter earnings, boosting sentiment, analysts say
** ITCfalls 4%, after a 9.7% drop in the previous session, as multiple brokerages project earnings pressure from the cigarette tax hike
** Devyani Industriesgains 1.5% after the KFC and Pizza Hut operator strikes a long-anticipated $934 million merger deal with peer Sapphire Foods; SAPI shares down 2.6%
** The Nifty and Sensex are up 0.9% and 0.6% this week; Nifty eyeing record closing high after 15 months

Sumber : Reuters