Friday, January 16, 2026

Business

Sensex, Nifty in green amid hopes of India-EU trade deal, lowering crude prices

IANS | January 16, 2026 11:15 AM

MUMBAI: The Indian benchmark indices traded with gains on Friday, buoyed by crude oil prices falling overnight and indication of the European Union (EU) and India signing a free trade agreement (FTA) later this month.

As of 9.25 am, Sensex added 239 points, or 0.29 per cent to reach 83, 622 and Nifty advanced 50 points, or 0.2 per cent to 25, 715.

Main broad cap indices performed in line with benchmark indices, with the Nifty Midcap 100 adding 0.35 per cent, and the Nifty Smallcap 100 adding 0.11 per cent.

Among sectors, IT index was the major gainer, up 1.96 per cent, while the realty index edged up 1.28 per cent. Media, metal and pharma inched down 0.3 to 0.5 per cent each.

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