Sensex closed at 83,570, up 187 points; Nifty also rose 28 points, with IT sector stocks gaining the most.

The stock market was bullish today, i.e., January 16. The Sensex rose 187 points to close at 83,570. The Nifty also rose 28 points to close at 25,694. Out of the 30 Sensex stocks, 12 rose and 18 fell. IT and banking stocks saw a rise. Mixed trading in the global market. Foreign investors sold shares worth ₹4,781 crore. The market declined on January 14. The market was closed on January 15 due to civic elections in Maharashtra. The stock market was bullish on January 14. The Sensex closed at 83,383, down 245 points. The Nifty also fell 67 points to close at 25,666. Out of the 30 Sensex stocks, 18 declined and 12 rose. Selling was seen in auto, FMCG, and IT stocks today. On the other hand, metal and public sector bank stocks were in the green.

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