Indian Markets Rebound Strongly: Nifty Nears 25,100, Sensex Gains 943 Points
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Moneycontrol•02-02-2026, 16:27
Indian Markets Rebound Strongly: Nifty Nears 25,100, Sensex Gains 943 Points
- •Indian equity indices closed with strong gains on February 2 after a volatile session, with Nifty near 25,100 and Sensex up 943.52 points (1.17%) at 81,666.46.
- •Approximately 1919 shares advanced, 2166 declined, and 159 remained unchanged, indicating mixed market breadth.
- •Top Nifty gainers included Tata Motors Passenger Vehicles, Tata Consumer, Adani Ports, Power Grid, and Bharat Electronics; while Shriram Finance, Max Healthcare, Cipla, Axis Bank, and Infosys declined.
- •FMCG, Metal, Oil & Gas, Energy, Infra, and Realty sectors saw gains of 1-2%, but the IT index declined by 0.5%.
- •Experts suggest 25,000/81500 and 24,900/81200 as immediate support levels, with potential for further upside towards 25,250/82200.
Why It Matters: Indian markets staged a strong recovery, driven by positive budget sentiment and falling crude oil prices.
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