Markets end at day’s high after volatile session; Sensex up 944 points, Nifty above 25,050

The equity benchmark indices BSE Sensex and NSE Nifty closed in the green on Monday (February 2) after a volatile trading session, ending near the day’s high. The Sensex rose 944 points to close at 81,667, while the Nifty gained 263 points to settle at 25,088, closing above the 25,050 mark. Nearly 40 stocks on the Nifty ended in positive territory.

Barring the IT index, all sectoral indices finished higher. The Nifty Bank index advanced 202 points to 58,619, while the Midcap index added 547 points to end at 57,668. Market breadth remained neutral, with the NSE advance-decline ratio at 1:1.

From the Sensex basket, Power Grid Corporation Of India Ltd, Adani Ports & Special Economic Zone Ltd, Tata Consumer Products Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd

and Nestle India Ltd were the major gainers. Shriram Finance Ltd, Axis Bank Ltd, Infosys Ltd, Max Healthcare Institute Ltd, Cipla Ltd and Titan Company Ltd were the biggest laggards.

Power Grid Corporation emerged as one of the top Nifty gainers, rising 8% after the company raised its FY26 capital expenditure forecast to ₹32,000 crore from ₹28,000 crore. Tata Motors Passenger Vehicles climbed nearly 6% after the company reported a 47% year-on-year rise in total January sales. Adani Ports, Tata Consumer Products and Bharat Electronics Limited also featured among the top Nifty gainers, with gains ranging between 4% and 8%.

In the midcap space, MRPL, Hindustan Zinc, HPCL and Bharat Forge were among the top performers, rising between 5% and 10%. Shares of UPL gained 6%, while Sundaram Finance jumped nearly 9% following its Q3 results. Capital market-related stocks such as BSE and Angel One rose up to 5%, recovering from losses seen after Sunday’s fall.

Mahindra & Mahindra advanced 3% after both its auto and tractor segments reported strong growth in January. On the downside, Insecticides India slipped nearly 1% from the highs after the management cut its FY26 revenue growth guidance.

Overall, the session was marked by broad-based buying across sectors, selective stock-specific action driven by earnings and corporate updates, and a steady recovery that helped the benchmarks close at the day’s peak despite intraday volatility.