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Stock markets rebounded connected Monday (February 2, 2026) with benchmark Sensex jumping by 943 points connected worth buying successful blue-chip lipid & gas, banking and car shares aft facing a monolithic drubbing connected the Budget day.
The 30-share BSE Sensex rallied 943.52 points oregon 1.17%, to settee astatine 81,666.46. During the day, it surged 1,009.31 points oregon 1.25% to a precocious of 81,732.25.
The 50-share NSE Nifty climbed 262.95 points oregon 1.06% to extremity astatine 25,088.40. During the day, it precocious 282.65 points oregon 1.13% to 25,108.10. A crisp diminution successful planetary crude lipid prices offered alleviation to the markets, experts said.
From the Sensex firms, Power Grid jumped 7.61%, and Adani Ports climbed 4.76%. Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the different large gainers.
Axis Bank, Infosys, Tata Consultancy Services, Trent, and Titan were the laggards. Finance Minister Nirmala Sitharaman connected Sunday (February 1, 2026) announced measures to boost manufacturing, offered semipermanent taxation incentives for planetary information centres, and enactment for agriculture and tourism arsenic she unveiled a ₹53.5 lakh crore Union Budget for 2026-27, seen arsenic a semipermanent blueprint for sustaining maturation amid rising planetary risks.
Shunning populist measures contempt 5 cardinal states, including West Bengal and Tamil Nadu, heading to polls, the Budget signalled continued fiscal consolidation and infrastructure spending.
But a hike successful securities transaction taxation connected equity derivatives rattled equity markets, with cardinal indices plunging arsenic overmuch arsenic 2 per cent successful the peculiar Budget-day trading session, earlier recovering immoderate ground.
On Sunday (February 1), the BSE benchmark ended astatine 80,722.94, down 1,546.84 points oregon 1.88%. The Nifty tanked 495.20 points oregon 1.96% to settee astatine 24,825.45.
"The marketplace witnessed a astute betterment pursuing yesterday’s volatile league owed to the interaction of the STT hike connected F & O and the government’s higher borrowing program for FY27. At the aforesaid time, the Budget’s argumentation continuity with a wide accent connected maturation and fiscal prudence has helped reenforce assurance successful the medium‑ to long‑term net outlook.
"A crisp diminution successful planetary crude lipid prices has besides offered immoderate relief, reflecting signs of easing geopolitical tensions betwixt the U.S. and Iran," Vinod Nair, Head of Research, Geojit Investments Limited, said. Foreign organization investors offloaded equities worthy ₹588.34 crore connected Sunday (February 1, 2026), according to speech data.
"Indian equity markets opened the week with a measured rebound aft the crisp Budget Day sell-off, arsenic participants continued to recalibrate positions pursuing the astir 2% diminution witnessed during the Union Budget 2026–27 session. While selective worth buying successful large-cap names offered immoderate near-term stability, wide sentiment remained guarded amid elevated volatility," Ponmudi R, CEO of Enrich Money, an online trading and wealthiness tech firm, said.
In Asian markets, South Korea's Kospi tumbled implicit 5%. Japan's Nikkei 225 index, Shanghai's SSE Composite scale and Hong Kong's Hang Seng scale besides ended lower.
European markets were trading connected a mixed note. U.S. markets ended little connected Friday (January 30, 2026). Brent crude, the planetary lipid benchmark, tanked 4.88% to $65.94 per barrel.
