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GoalFi - Daily Market Wrap - Dalal Street Rebounds Sharply Following Worst Budget Day Crash In Six Years

GoalFi Pulse | 2 February 2026

Author

GoalFi Social
February 02, 2026

Hello ,

Market Overview

Markets ended firmly higher today, supported by broad-based buying across benchmarks and midcaps. Positive sentiment and improved risk appetite drove gains, while select stocks witnessed profit booking.

Market Snapshot – Key Indices Performance

Index Name

LTP

Change

Change %

Nifty 50

25,088.40

262.95

1.10%

Nifty 500

22,837.00

225.7

1.00%

Nifty Bank

58,619.00

201.8

0.40%

Nifty Financial Services

26,799.00

99.9

0.40%

Nifty Midcap Select

13,257.05

236.8

1.80%

Market Insight:
Benchmark indices closed higher, led by strong gains in midcaps and broad market participation.

Top Gainers – Nifty 50

Stock Name

LTP

Change

Change %

Power Grid Corporation Of India Ltd.

270.4

19.05

7.60%

Tata Motors Passenger Vehicles Ltd.

362.9

18.25

5.30%

Adani Ports and Special Economic Zone Ltd.

1,403.10

58.2

4.30%

Tata Consumer Products Ltd.

1,125.40

38.1

3.50%

Bharat Electronics Ltd.

439.1

13.75

3.20%

Summary:
Strong buying interest supported select large-cap stocks, contributing meaningfully to market gains.

Top Losers – Nifty 50

Stock Name

LTP

Change

Change %

Shriram Finance Ltd.

962.1

-35.5

-3.60%

Axis Bank Ltd.

1,311.50

-28.9

-2.20%

Max Healthcare Institute Ltd.

958.1

-18.6

-1.90%

Infosys Ltd.

1,629.40

-25.1

-1.50%

Cipla Ltd.

1,311.60

-17.3

-1.30%

Summary:
Selective profit booking was seen in a few heavyweight stocks, limiting upside in certain segments.

Top Gainers - N500

Stock Name

LTP

Change

Change %

Latent View Analytics Ltd.

457.2

39.1

9.40%

Mangalore Refinery and Petrochemicals Ltd.

177.46

14.69

9.00%

Sundaram Finance Ltd.

5,358.50

400.5

8.10%

Power Grid Corporation Of India Ltd.

270.4

19.05

7.60%

Hindustan Zinc Ltd.

610.1

40.00

7.00%

Summary:
Strong stock-specific momentum drove sharp gains across select mid and small-cap counters.

Top Losers- N500

Stock Name

LTP

Change

Change %

Intellect Design Arena Ltd.

828.1

-56.9

-6.40%

Reliance Infrastructure Ltd.

120.98

-6.36

-5.00%

Bharat Dynamics Ltd.

1,326.20

-57.9

-4.20%

Godfrey Phillips India Ltd.

1,916.80

-78.4

-3.90%

Jyoti CNC Automation Ltd.

766.35

-31.25

-3.90%

Summary:
Profit booking led to moderate corrections in select mid and small-cap stocks.

Market Outlook

Today’s session reflected positive market momentum with broad participation, supported by improved sentiment and selective buying. While gains were widespread, stock-specific movements highlight the importance of disciplined selection.

We continue to advise investors to stay disciplined, focus on fundamentally strong businesses, and avoid reactionary decisions during short-term market fluctuations.

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We hope this update helps you stay informed and empowered in your investment journey. Feel free to reach out if you have any questions or need personalized advice.

Best Regards,
Team GoalFi

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