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Market Opens: 

Indian indices opened on a flat note on January 2 with Nifty around 21,750.

The Sensex was down 119.39 points or 0.17 percent at 72,152.55, and the Nifty was down 21.90 points or 0.10 percent at 21,720. About 1661 shares advanced, 583 shares declined, and 98 shares unchanged.

Coal India, Tata Motors, Tata Consumer, Bharti Airtel and Nestle India were among major gainers on the Nifty, while losers were Eicher Motors, UltraTech Cement, Axis Bank, Infosys and Kotak Mahindra Bank.

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Closing Bell

Sensex ends 170 pts lower, Nifty below 21,750; midcaps, smallcaps outperform

At close, the Sensex was down 170.12 points or 0.23 percent at 72,240.26, and the Nifty was down 47.30 points or 0.22 percent at 21,731.40.

The market breadth favoured gainers over losers as about 1,758 shares advanced, 1,533 shares declined, and 54 shares unchanged.

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