Intraday Trading Highlights
On 2 Jan 2026, NTPC Ltd. recorded a notable intraday high of Rs 346.9, reflecting a gain of 3.15% from its previous close. This surge was accompanied by a day change of 3.14%, significantly outperforming the Sensex’s 0.52% rise. The stock’s performance also exceeded the power sector’s average, outperforming by 1.22% on the day.
NTPC’s consistent gains over the last three trading sessions have resulted in a cumulative return of 6.62%, underscoring sustained buying interest and positive trading momentum. The stock is currently trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a strong technical position.
Market Context and Sector Performance
The broader market environment on 2 Jan 2026 was supportive, with the Sensex opening flat but gaining momentum to close at 85,627.76 points, up 368.40 points or 0.52%. The index remains close to its 52-week high of 86,159.02, just 0.62% away, and is trading above its 50-day moving average, which itself is positioned above the 200-day moving average, indicating a bullish trend.
Mid-cap stocks led the market rally, with the BSE Mid Cap index advancing 0.73%. Within this context, NTPC’s outperformance is particularly notable given its large-cap status and the power sector’s overall steady performance.
Just announced: This Small Cap from Tyres & Allied with precise target price is our pick for the week. Get the pre-market insights that informed this selection!
- - Just announced pick
- - Pre-market insights shared
- - Tyres & Allied weekly focus
Performance Comparison Over Various Timeframes
NTPC Ltd.’s recent performance contrasts with the broader market across multiple timeframes. Over the past day, the stock gained 3.17%, compared to the Sensex’s 0.52%. Over one week, NTPC rose 7.07%, significantly outpacing the Sensex’s 0.69% gain. The one-month return for NTPC stands at 5.58%, again well above the Sensex’s 0.57% increase.
However, over the three-month period, NTPC’s 2.00% gain trails the Sensex’s 5.74% advance. On a one-year basis, NTPC’s 2.65% return also lags behind the Sensex’s 7.11%. Year-to-date, NTPC has gained 5.31%, outperforming the Sensex’s 0.48% rise. Longer-term, NTPC has delivered substantial returns, with a three-year gain of 106.52% versus the Sensex’s 39.99%, and a five-year gain of 250.45% compared to the Sensex’s 78.88%. Over ten years, NTPC’s 188.32% return is somewhat below the Sensex’s 227.31%.
Technical Indicators and Market Sentiment
NTPC’s trading above all major moving averages reflects a strong technical setup. The stock’s position above the 200-day moving average is often viewed as a long-term bullish indicator, while its current momentum above shorter-term averages suggests sustained buying interest during recent sessions.
The power sector, to which NTPC belongs, has shown resilience amid broader market fluctuations. NTPC’s ability to outperform its sector peers and the Sensex on the day highlights its relative strength within the industry.
NTPC Ltd. or something better? Our SwitchER feature analyzes this large-cap Power stock and recommends superior alternatives based on fundamentals, momentum, and value!
- - SwitchER analysis complete
- - Superior alternatives found
- - Multi-parameter evaluation
Mojo Score and Rating Update
NTPC Ltd. currently holds a Mojo Score of 42.0, categorised under a Sell grade. This represents a downgrade from its previous Hold rating, effective from 10 Nov 2025. The stock’s market cap grade is rated at 1, indicating its large-cap status within the power sector.
Despite the recent intraday strength and positive price action, the Mojo grading reflects a cautious stance based on a comprehensive evaluation of fundamentals, momentum, and valuation metrics.
Summary of Trading Action
On 2 Jan 2026, NTPC Ltd. demonstrated strong intraday trading activity, reaching a high of Rs 346.9 and closing with a gain exceeding 3%. The stock’s outperformance relative to the Sensex and its sector peers, combined with its position above key moving averages, underscores a robust technical profile. The three-day consecutive gains and cumulative 6.62% return over this period further highlight sustained positive momentum.
Market conditions, including a rising Sensex and leadership from mid-cap stocks, provided a favourable backdrop for NTPC’s price movement. While the Mojo Score indicates a Sell rating, the stock’s recent price action reflects notable strength within the power sector on the day.
Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Saving Now →
