Market News

3 min read | Updated on February 02, 2026, 16:22 IST
SUMMARY
The SENSEX surged by 943.52 points or 1.17% to close at 81,666.46, while the NIFTY50 ended higher by 262.95 points or 1.06% at 25,088.40 on Monday, February 1.
Stock list

The NIFTY50 pack was supported by gains in Power Grid Corporation of India, which closed 7.42% higher. | Image: Shutterstock
On Sunday, the foreign institutional investors (FIIs) sold stocks worth ₹588.34 crore, while the domestic institutional investors (DIIs) sold equities worth ₹682.73 crore on a net basis, according to exchange data.
The SENSEX rose as much as 1,009 points to hit the session’s peak of 81,732.25 and the NIFTY50 index touched an intraday high of 25,108. Mea
The SENSEX surged by 943.52 points or 1.17% to close at 81,666.46, while the NIFTY50 ended higher by 262.95 points or 1.06% at 25,088.40.
The NIFTY50 pack was supported by gains in Power Grid Corporation of India, which closed 7.42% higher, as the company raised its capex guidance for FY26 to ₹32,000 crore, from ₹28,000 crore earlier.
Furthermore, it also made an upward revision to its capitalisation guidance, increasing it to ₹22,000 crore for FY26, as against ₹20,000 earlier, it stated in an investor presentation on Monday.
Tata Motors PV (5.61%), Adani Ports and Special Economic Zone (4.28%), Bharat Electronics (3.63%) and Tata Consumer Products (3.11%) were among the other top gainers.
On the contrary, the top losers of the index included Shriram Finance (-3.17%), Axis Bank (-2.33%), Max Healthcare Institute (-1.82%), Infosys (-1.66%) and Cipla (-1.08%).
The NSE Midcap gauge ended at 57,667.60, marking a 546.80 points or 0.96% jump.
It was bolstered by gains in Premier Energies (6.73%), Waaree Energies (5.95%), UPL (5.22%), Hindustan Petroleum Corporation (5.15%) and Hitachi Energy India (5.15%), which were the top winners.
Shares of UPL surged after it reported its earnings for Q3FY26, posting a revenue growth of 12% YoY to ₹12,269 crore during the reporting period.
On the flipside, PB Fintech fell 4.58%. It was followed by Bharat Dynamics (-3.98%), Oil India (-3.65%), Godfrey Phillips India (-2.77%) and Cochin Shipyard (-2.25%), which were among the top laggards.
The NIFTY Smallcap index advanced by 105.20 points or 0.64% to close at 16,523.35.
Its top gainers included Mangalore Refinery and Petrochemicals (9.23%), Anant Raj (5.43%), IIFL Finance (4.97%), Multi Commodity Exchange of India (4.96%) and Manappuram Finance (4.32%).
Anant Raj stocks rallied as much as 7.43% to an intraday high of ₹570.55 per equity share on the National Stock Exchange (NSE) on Monday, as the government announced a tax holiday for any foreign company that provides cloud services globally using data centre services from India, which will be valid up to 2047 in the Union Budget 2026.
Conversely, Cholamandalam Financial Holdings (-5%), Kalpataru Projects International (-3.26%), KEC International (-3.21%), Jyoti CNC Automation (-3.07%) and Five-Star Business Finance (-2.92%) were among its top losers.
About The Author

Next Story