🗓️ Indian Markets Post Market Report Today (02 Feb 2026)
Indian Markets Post Market Report Today: After Sunday’s Budget-day shock, Indian equities rebounded on Monday with strong late-session buying, led by heavyweight names and infra-linked counters. The recovery, however, came with selective weakness in pockets of financials and a clear “wait and watch” tone on how Budget proposals (especially higher derivatives STT) could impact volumes and sentiment in coming sessions.
✅ Market Closing Levels (02.02.2026)
🟦 Benchmarks
Nifty 50: 25,088.40 (+262.95 / +1.05%)
Sensex: 81,666.46 (+943.52 / +1.16%)
Bank Nifty: 58,619.00 (+201.80|+0.34%)
🟩 Market Mood (what the close tells you)
Monday’s bounce looked like a classic “relief rally” after the sharp Budget-day fall, with buying strongest in index heavyweights + infra/PSU pockets.
🧾 Reasons for Market Movement Today (02 Feb 2026)
1) Post-Budget dip buying (relief after a sharp fall)
Sunday’s special Budget session saw one of the weakest Budget-day reactions in years due to concerns around derivatives taxation. Monday saw investors step in to buy quality names at lower levels.
2) Heavyweight-led rebound (Reliance + infra push)
The rebound was supported by large-cap leadership—especially Reliance Industries and infra/capex-linked counters like Larsen & Tubro as the market re-focused on Budget’s infrastructure intent rather than only the STT shock.
3) Derivatives STT overhang still in the background
Even with the rebound, traders stayed cautious because Budget proposed higher derivatives STT (a key driver of Sunday’s sell-off). That can impact F&O trading costs and near-term risk appetite.
4)Broader market participation improved (but not “all clear”)
Reports showed broader indices rebounded from intraday lows and market breadth was supportive, though there are still many stocks under pressure beneath the surface.
📈 Top 5 Gainers and Top 5 Losers (Nifty 50)
🏆 Top 5 Gainers
1.Power Grid Corporation (~+7.58%)
2.Tata Motors Passenger Vehicles (~+5.30%)
3.Adani Ports & SEZ (~+4.33%)
4.Bharat Electronics (~+3.22%)
5.Tata Consumer Products (~+3.50%)
Takeaway: Today’s winners were largely defensive/PSU + infra/industrial + select consumption themes.
🔻 Top 5 Losers
1.Shriram Finance (-~3.56%)
2.Axis Bank (-~2.16%)
3.Max Healthcare (-~1.90%)
4.Infosys (-~1.52%)
5.Cipla (-~1.30%)
Takeaway: Even on a green day, select financials + a few defensives stayed weak—showing the market is still rotating, not uniformly bullish.
👉For More Q3 Results Keep Reading
Q3 FY26 Results Update: TCS, Infosys, HCLTech
🧩 Sector Performance (What Worked Today)
🟢 Stronger sectors (leaders)
FMCG / Metal / Oil & Gas / Energy / Infra / Realty were among the brighter pockets in the rebound.
🔴 Relatively weaker / lagging
IT was relatively softer vs the broad market in parts of the session (profit-taking after relative outperformance on Budget day). 👉moneycontrol
🧭 Sector takeaway
The day was less about “everything up” and more about rotation back into cyclical + infra-linked names, while parts of financials and IT saw selective pressure.
📌 Indian Markets Post Market Report- Support & Resistance Levels (Key Levels to Track)
🔵 Nifty 50
Support zone: 24,800 – 24,500
Resistance zone: 25,200 (needs to be cleared for stronger upside)
Short-term range view: 24,800 – 25,500
🟣 Bank Nifty
Bank Nifty underperformed slightly; traders will watch:
Support: ~58,000
Resistance: ~58,700 – 59,400
🟠 Sensex
Psychological zone: 81,000 – 82,000
Strong close suggests stability, but directional clarity will depend on follow-through buying and FII flows.
📉 India VIX (Volatility)
VIX cooled off sharply after Sunday’s spike and closed near ~13.87 (as per technical commentary), signalling some comfort, but traders remain alert until volatility cools further.
🧾 Major Q3 Results & Impact (Theme Check)
Even on Budget week, earnings continue to drive stock-specific action.
What to watch now:
✅ What the market is rewarding
Earnings visibility + capex beneficiaries: infra/industrial names got preference as the street re-anchors to growth and spending intent.
⚠️ What the market is punishing
Higher funding-cost sensitivity / borrowing concerns: some NBFCs/financial names stayed under pressure due to concerns around government borrowing, yields, and cost of funds narrative.
Practical view: In the next few sessions, expect stock-specific reactions to Q3 numbers to remain sharp, even if the index is range-bound.
🧾 IPO Updates (Mainboard + SME)
🟦 Mainboard IPOs
Market chatter continues around large upcoming listings; for example, NSE’s IPO timeline has been discussed in the media (no immediate listing “today”, but an important pipeline watch).
🟩 SME IPO activity in focus this week
Several SME issues and events (openings/listings/allotments) are lined up in the first week of February; coverage suggests SME activity remains the main IPO talking point near-term. 👉mint
Example of a live event today: Msafe Equipments IPO allotment was expected around Feb 2, with listing expected soon after (as per reported schedule).
💰 FII & DII Data (Latest available)
NSE clarifies FII/DII numbers are provisional and subject to custodial confirmation.
As many public trackers were still showing the latest confirmed/provisional set around
Feb 2, they reported:
FII (Cash) net sellers : -₹1,832.48 Cr
DII (Cash) net buyers : -₹2,446.33 Cr
🪙 Commodities & Currency Update
💵 Rupee (USD/INR)
The rupee strengthened and was reported around 91.5125 per dollar, supported by likely RBI intervention and liquidity operations.
🛢️ Crude Oil
Brent~$65.92/bbl
WTI~$61.82/bbl
Crude remains a key input for inflation and OMCs; traders are tracking global cues and bond/FX moves closely around the Budget week narrative. 👉Reuters
🥇 Gold
Gold ~ ₹1,48,655/10g
🥈 Silver
Silver ~₹2,53,800/kg
Precious metals were volatile recently; market updates noted sharp moves and recovery attempts after a selloff episode (keep an eye on global risk sentiment).
⭐ Stock of the Day
✅ Power Grid Corporation Of India
Why today: Strong outperformance on a rebound day (among the top gainers), and the broader setup favored PSU/infra-linked counters as sentiment normalized after Sunday’s sell-off.
🛡️ SEBI Updates / Regulatory Corner
🧾 Investor-friendly step on legacy physical shares (reported)
Reports indicate a one-year special window (Feb 5, 2026 to Feb 4, 2027) to help eligible investors regularise certain legacy transfer/demat processes for physical securities (details depend on circular conditions).
📌 Ongoing SEBI circular flow (official listing)
SEBI’s circulars page continues to publish regulatory updates (investors should rely on the official circular text for exact compliance requirements).
🧠 Investment View (Short Term vs Long Term)
⏱️ Short-term (Next 1–3 weeks)
Expect range trading + sharp sector rotation as the market digests Budget proposals and watches how derivatives STT changes impact sentiment/volumes.
Strategy: Prefer quality large-caps and theme-aligned infra/capex plays with strict risk control.
Keep position sizes sensible while VIX remains elevated vs calm zones.
🧭 Long-term (6–24 months)
The best approach remains staggered investing (SIP / phased buying) into strong businesses with predictable cashflows. Use spikes in fear to accumulate gradually rather than chasing one-day rallies.
👉Further reading
Indian Markets Weekly View (Feb 1–Feb 6, 2026)
Indian Market Pre Market Report (Feb 2, 2026) — Cautious Sentiment After Budget Shock
Why FIIs &FPIs Are Selling Indian Stocks
India’s New Labor Codes: Why Companies Are Taking “Thousand-Crore”
FIIs Are Selling, Markets Aren’t Falling — Who Controls Indian Stocks in 2025?
Mutual Funds Explained:Types, Returns & Risks
How Much Should You Invest Every Month? A Simple Guide for Salaried People
⚠️ Disclaimer:
This report is for educational and informational purposes only. It is not investment advice, a recommendation, or a solicitation to buy/sell any security. Market investments are subject to risk and volatility. Please consult a SEBI-registered investment advisor before making investment decisions.