| Market Pulse |
Wednesday, 4 February 2026 |
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Market Snapshot
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📊
Nifty 50
25,776
+0.19%
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📈
Sensex
83,817.69
+0.09%
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🏦
Bank Nifty
60,238.15
+0.33%
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Today's Indian market saw slight gains despite geopolitical tensions and technological disruptions. The Nifty 50 and Sensex rose slightly as investors digested the positive implications of a new trade deal between the US and India, which is expected to bolster the energy and pharma sectors. However, the IT sector faced headwinds due to the introduction of Anthropic's AI plug-ins, causing investor concern over its potential impact on labor-intensive operations. The Reserve Bank of India's decision to maintain interest rates, supported by a recent trade agreement, provided stability to the banking sector.
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The Big Story
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📰 FEATURED
India central bank to stand pat as trade deal reduces urgency on rate cuts
Banking
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Banking sector stability expected; focus on trade deal benefits.
WHY IT MATTERS
RBI's decision to hold rates steady reduces immediate interest rate risk for banking sector.
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Quick Takes
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india macro • positive
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8-10% economic growth for India is possible and sustained double-digit growth is not ruled out: Mukesh Ambani
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Expect increased investor interest in growth-oriented sectors.
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Read full report →
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sector • negative
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Anthropic's AI plug-ins shake India's staffing-intensive IT sector; stocks dive 6%
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IT investors should brace for potential downturns and evaluate tech adoption strategies.
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Read full report →
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global macro • positive
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Trump tariffs live updates: Trump says US, India agree to deal as Modi pledges to stop buying Russian oil
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Improved US-India trade relations may benefit export-oriented sectors.
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Read full report →
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global macro • positive
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Trump’s Surprise Trade Deal With India Resets Fractured Ties
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Expect positive sentiment in sectors benefiting from US trade.
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Read full report →
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india macro • positive
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Parliament Budget Session Live: PM Modi likely to address Lok Sabha around 5 pm
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Watch for policy announcements that could drive market sentiment.
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Read full report →
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global macro • positive
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US and India reach trade deal, Astrazeneca shares move to NYSE
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Trade agreement may enhance growth prospects for export-driven sectors.
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Read full report →
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FII / DII Activity
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FII/FPI
Bought
₹5,236.28 Cr
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DII
Bought
₹1,014.24 Cr
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FIIs bought ₹5,236.28 Cr, DIIs bought ₹1,014.24 Cr. Strong buying across both institutional categories.
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Market Breadth
Advances: 911 ·
Declines: 800 ·
A/D Ratio: 1.14
Mixed participation across market
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Sector Performance
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Energy
+2.0%
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Infra
+1.6%
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Metal
+1.3%
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Auto
+1.2%
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Realty
+1.1%
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Media
+0.9%
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PSU Bank
+0.8%
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Fin Services
+0.5%
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Bank
+0.3%
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FMCG
+0.2%
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Pharma
-0.3%
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IT
-5.9%
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Energy, Infra led gains while Pharma, IT underperformed. Mixed sector performance today.
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Top Gainers / Losers
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Top Gainers
| Eternal |
+5.13% |
| Trent |
+4.96% |
| ONGC |
+3.87% |
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Top Losers
| eClerx Services |
-8.41% |
| Sai Life Sci |
-7.87% |
| Latent View |
-7.65% |
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Technical Levels
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Nifty 50
| Support |
25,498 / 25,220 |
| Resistance |
26,198 / 26,619 |
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Bank Nifty
| Support |
59,150 |
| Resistance |
60,007 |
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Nifty is in sideways trend. Trading above 200 DMA indicates medium-term strength.
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Global Cues
| S&P Futures: +0.13%
Global cues mixed; expect range-bound opening
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Commodities & Forex
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Gold
₹1,59,030
+3.39%
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Silver
₹2,85,000
+6.34%
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USD/INR
Rs 90.46/USD
+0.09%
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Macro / Economic Events
| 📌 |
5 earnings results expected |
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| 📌 |
RBI Monetary Policy Decision |
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Looking Ahead
| 👀 |
RBI Monetary Policy Decision |
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Corporate Actions
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TCS
Top Gainers & Losers on Feb 04: Infosys, TCS, Coforge, HAL, HCL Tech, Wipro, Vardhman Textiles among top losers
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Bajaj Finance
is sacrificing immediate profits for long-term safety. Will it succeed?
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Tata Motors
PV Q3 Preview: JLR hit to weigh on profits; revenue may slip up to 9% despite festive, GST tailwinds
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Earnings Calendar
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Westlife Foodworld
4 Feb
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Welspun Enterprises
4 Feb
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Zota Health Care
4 Feb
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DISCLAIMER
This newsletter is for informational and educational purposes only. It is not investment advice.
Markets are subject to risks, and past performance is not indicative of future results.
Consult a registered financial advisor before making investment decisions. We are not registered
investment advisors with SEBI or any other regulatory body.
AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.
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