Stock Market Today: Why are BSE Sensex and Nifty 50 rising? Check reasons behind rally

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Indian stock markets opened higher on Friday, January 2, 2026, supported by gains in banking and automobile stocks. The BSE Sensex rose over 400 points, while the Nifty 50 gained more than 140 points. Investors tracked strong auto sales data, robust buying in banking heavyweights, and optimism ahead of the quarterly earnings season, which helped boost market sentiment.