Sensex Jumps 950 Points, Nifty Crosses 25,000: 4 Reasons for Market Surge
Business
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Moneycontrol•02-02-2026, 15:16
Sensex Jumps 950 Points, Nifty Crosses 25,000: 4 Reasons for Market Surge
- •Indian stock markets saw a sharp recovery on Monday, February 2, with Sensex surging 950 points and Nifty crossing 25,000.
- •Value buying after the budget-day decline, which was the biggest fall in six years, fueled the market's recovery.
- •A significant drop in international crude oil prices (Brent crude fell 4.14% to $66.45 per barrel) provided major support.
- •Long-term budget signals, including manufacturing promotion and tax incentives, boosted investor confidence despite initial negative feedback.
- •The strengthening rupee, up 37 paise against the dollar to 91.56, also contributed to the market's positive sentiment.
Why It Matters: Indian stock markets rebounded strongly due to value buying, falling crude oil prices, positive budget signals, and a stronger rupee.
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