Indian Market Pulse: IT Sector Surge and Banking Resilience Lift Benchmarks on Friday, Friday, January 16, 2026
The Indian equity markets closed Friday, Friday, January 16, 2026, with modest gains driven by a massive IT sector rally and the Bank Nifty reclaiming the 60,000 mark. Despite benchmark growth, market breadth remained negative as FII outflows and a weakening rupee created underlying pressure.