Stock market today, Jan. 2 -- The Indian stock market closed on a mixed note on the first trading day of the calendar year 2026, as stock-specific moves dominated in the lack of fresh triggers.

The Sensex edged down 32 points, or 0.04%, to 85,188.60, while the Nifty 50 gained 17 points, or 0.06%, to settle at 26,146.55. Meanwhile, the BSE Midcap index advanced 0.27%, whereas the Smallcap index declined 0.02%.

"Markets began the first trading session of the New Year on a subdued note and ended almost unchanged. After a positive start, the Nifty moved within a narrow range throughout the session amid mixed moves among heavyweight stocks, eventually closing around the 26,141 mark. Sectoral trends were largely positive, with buying interest...