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Stock Market Today LIVE: Sensex, Nifty 50 trade higher amid volatility;Power Grid, Reliance, L&T, Adani Port top gainers

Published on 02/02/2026 08:08 AM

Stock Market Today LIVE: The domestic benchmark indices, Nifty 50 and Sensex slightly dropped at the start of trading on Monday, in the wake of a widespread sell-off during the special trading session on Sunday, as the federal annual budget fell short of significant measures to attract foreign investors.

As of 9:15 IST, the Nifty 50 declined by 0.12% to 24,796.5, while the BSE Sensex decreased by 0.21% to 80,555.68.

The equity market indices crashed in the special trading session on Sunday as the Union Budget’s proposal to increase Securities Transactions Tax (STT) on F&O trading spooked investors.

The benchmark indexes dropped by approximately 2% the day prior, marking their largest percentage decline on a budget day trading session in six years, as investors analyzed the government's budget for the fiscal year 2026-27.

On the global front, Asian markets traded mixed, while the US stock market ended lower last week.

The stocks to watch today include Hyundai Motor India, Indus Towers, Bajaj Housing Finance, PB Fintech, Ather Energy, RailTel Corporation of India, Tata Chemicals, UPL, City Union Bank, Utkarsh Small Finance Bank among others, as these companies will release their Q3 results today.

Stay tuned to our Stock Market Today Live Blog for the latest updates.

Stock Market Today LIVE: Sovereign Gold Bonds (SGBs) of different tenures witnessed a decline of up to 10% on the NSE on Monday, February 2, following government proposal to eliminate the capital gains tax exemption for SGBs bought via secondary markets.

Stock Market Today LIVE: Aurionpro Solutions has received a significant project for expanding data center infrastructure from IDBI Bank.

Stock Market Today LIVE: Apurva Sheth, Head of Market Perspectives and Research, SAMCO Securities said - "From a price action perspective, the larger trend in gold remains clearly intact. The long term structure continues to show higher highs and higher lows, and the recent decline looks more like a pause within an ongoing uptrend rather than the start of a reversal. Importantly, prior breakout zones are holding, suggesting that strong hands are still willing to accumulate on dips.

What seems increasingly likely is a phase of time wise consolidation. Gold may spend the next few months moving within a broad range, capped near 180779 and supported around 136185, 132294. Such ranges are common after sharp advances, allowing excess optimism to cool off and positioning to reset, without damaging the underlying trend.

If this consolidation plays out, it would be a healthy development. It would set the stage for the next directional move, with the broader bias still favouring the upside as long as key supports continue to hold."

Stock Market Today LIVE: Temasek and LIC said to plan share sales in NSE IPO: Bloomberg

Stock Market Today LIVE: Rising bond yields usually tend to pressure equity markets because they increase the discount rate used in valuing future cash flows, which directly lowers fair value estimates especially for high-growth, long-duration stocks, explained Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities.

Further, Tapse said that higher yields also raise borrowing costs for companies, squeezing margins and potentially slowing capex and earnings growth, while making fixed-income assets more attractive relative to equities, leading to valuation de-rating.

Stock Market Today LIVE: South Korean stocks faced significant pressure as a rally in technology shares slowed down, with investors becoming wary of the interest rate forecast and questioning the durability of the spike in AI-related expenditures. The benchmark Kospi dropped 5.5%, representing its largest single-day drop since November 21.

Major semiconductor firms Samsung Electronics and SK Hynix, which had fueled the market's notable gains since the beginning of last year, experienced declines of over 4%, as reported.

The downturn was influenced by several factors, including uncertainty regarding Kevin Warsh's potential appointment as the next Chair of the US Federal Reserve and increased volatility in metals markets, according to reports.

Stock Market Today LIVE: Gold and silver prices fell sharply from their record highs after the U.S. President selected Kevin Warsh as the next Fed Chairman. Investors reacted negatively because Warsh is considered more aggressive on interest-rate policy than earlier leaders.

The decline was further supported by a stronger U.S. dollar, higher Treasury yields, and upbeat U.S. inflation data (PPI and core PPI). In India, no change in import duty in the Union Budget removed the domestic premium in bullion.Bullion markets remain highly volatile, but silver could find support near $68, while gold may hold around $4,510 this week.

“Gold has support at $4655-4575 while resistance at $4840-4950. Silver has support at $74.8-69.75 while resistance is at $88.15-93.80. In INR gold has support at Rs1,,39,650-1,36,310 while resistance at Rs1,48,850-1,50,950. Silver has support at Rs2,48,810, 2,37,170 while resistance at Rs2,78,810, 2,95,470,” said Rahul Kalantri, VP Commodities, Mehta Equities.

Stock Market Today LIVE: This week, shares valued at over ₹30,000 crore will become available for trading as the lock-in periods for 10 companies come to an end.

The companies include Lenskart Solutions, Orkla India, Akums Drugs, Studds Accessories, Aditya Infotech, NSDL, Sri Lotus Developers, M&B Engineering, Laxmi India Finance, and Dr. Agarwal's Health Care. It's important to note that the expiration of the shareholder lock-in does not imply that all shares will be sold on the open market; they simply become eligible for trading, according to reports.

Stock Market Today LIVE: HSBC/S&P Global India Manufacturing PMI rose slightly to 55.4 in January 2026 from December's 55.0, signaling continued expansion above the 50 neutral mark.

Stock Market Today LIVE: Eicher Motors was trading at ₹6,888, an increase of ₹0.70, or 0.01%. The stock reached an intraday peak of ₹6,941 and a low of ₹6,743.80 during the day.

The trading volume was 4,395 shares, in contrast to its five-day average of 13,386 shares, reflecting a decline of -67.17%.

Stock Market Today LIVE: According to Ponmudi R, CEO of Enrich Money, Bank Nifty opened flat to slightly lower around 58,300 after forming a strong distribution candle in the previous session. The index initially slipped to a low of 57,916 and is now hovering just above the 100-day EMA zone of 58,200–58,250. A decisive break below this level could open up further downside towards 57,700–57,500.

The broader structure continues to show lower highs and lower lows. On the upside, resistance is seen in the 58,700–59,000 zone, which now acts as a major supply area. For today, the banking space remains vulnerable amid the STT impact on derivatives trading and a broader risk-off mood. A meaningful recovery would require a strong close above 59,000 with healthy volumes; otherwise, downside pressure towards 58,000–57,800 is likely to persist.

Stock Market Today LIVE: According to Ponmudi R, CEO of Enrich Money, Nifty 50 opened around 24,800, testing the lower end of the previous close. Immediate support lies in the 24,700–24,600 range (intraday lows and Budget-day support), while resistance is seen at 24,900–25,000 (psychological level and prior support-turned-resistance), followed by 25,150–25,300 (earlier consolidation zone).

RSI is hovering near oversold levels around 30–35. For today, the bias remains bearish with elevated volatility. MACD hints at the possibility of short-covering bounces, though overall momentum continues to look weak.

Stock Market Today LIVE: “We expect crude oil prices to remain volatile in today’s session. Crude oil is having support at $62.55-61.00 and resistance is at $64.40-65.10 in today’s session. In INR crude oil has support at Rs5,860,-5,710 while resistance at Rs6,080-6,165,” said Kalantri.

Stock Market Today LIVE: On February 1, foreign institutional investors (FIIs) sold equities worth ₹588 crore, while domestic institutional investors (DIIs) also remained net sellers, offloading shares worth ₹682 crore, adding to the pressure on the market.

Stock Market Today LIVE: According to Anand James, Chief Market Strategist, Geojit Investments, the pull back above the lower bollinger band after meeting the downside objective of 24,580, raises hopes of more recovery attempts. However, until above 25,000, prospects of yet another leg down aiming 24,330 remains. Alternatively, direct rise above 25,000 could call for 25,800

Stock Market Today LIVE: MCX silver price opens 0.69% lower at ₹2,67,501 per kilogram as against its previous close of ₹2,65,652 level. The white metal price was trading lower by ₹8,671, or 3.26%, at ₹2,56,981 per kg. MCX silver rate hit an intraday low of ₹2,55,652 level.

Stock Market Today LIVE: MCX gold rate today opened 1.18% lower at ₹1,46,000 per 10 grams as against its previous close of ₹1,47,753 level. The yellow metal price was trading lower by ₹1,253, or 0.85%, at ₹1,46,500 level. It hit an intraday low of ₹1,43,501.

Stock Market Today LIVE: India’s 10-year benchmark (6.48%, 2035) opened at 6.77%, up from the previous close of 6.70%.

Stock Market Today LIVE: Rupee opens at 91.76/$ vs Friday’s close of 91.98/$, strengthens by 22 paise against US Dollar

Stock Market Today LIVE: Gift Nifty was trading around 24,902 level, a premium of nearly 49 points from the Nifty futures’ previous close, indicating a higher start for the Indian stock market indices.

Stock Market Today LIVE: Japanese government bonds (JGBs) fell and the yields rose. The 20-year JGB yield climbed 2.5 basis points (bps) to 3.2%, while the five-year yield rose 2.5 bps to 1.680%.

Stock Market Today LIVE: Japan’s manufacturing activity grew at the fastest pace in about three and a half years in January. The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI) rose to 51.5 in January from 50.0 in December, the strongest level since August 2022.

Stock Market Today LIVE: Gold prices extended fall, pressured by a firm dollar, while silver price recovered from a more than three-week low hit. Spot gold price fell 1.5% to $4,793.97 per ounce, while US gold futures for February delivery climbed 1.6% to $4,818.10 per ounce. Spot silver price rose 1.6% to $85.98 an ounce.

MCX gold rate for April futures ended lower by ₹4,242, or 2.87%, at ₹1,48,104 per 10 grams on Sunday. MCX silver price for March futures expiry closed at a 9% lower circuit of ₹2,65,652 per kg, down by ₹26,273.

Stock Market Today LIVE: Crude oil prices dropped by more than $1 per barrel after US President Donald Trump stated over the weekend that Iran was "seriously discussing" matters with Washington. Brent crude futures decreased by 2.7% to $67.48 per barrel, whereas the price of US West Texas Intermediate crude fell by 2.8% to $63.41 per barrel.

Stock Market Today LIVE: US stock market ended lower on Friday as investors viewed President Donald Trump’s nomination of former Federal Reserve Governor Kevin Warsh as a hawkish choice.

The Dow Jones Industrial Average fell 179.09 points, or 0.36%, to 48,892.47, while the S&P 500 declined 29.98 points, or 0.43%, to 6,939.03. The Nasdaq Composite closed 223.30 points, or 0.94%, lower at 23,461.82.

For the week, the S&P 500 rose 0.3%, the Dow fell 0.4% and the Nasdaq fell 0.2%. For the month, S&P 500 gained 1.4%, Nasdaq rose 0.9% and the Dow Jones rallied 1.7%.

Stock Market Today LIVE: Asian markets traded mixed on Monday in anticipation of data on factory activity from China. Japan’s Nikkei 225 increased by 0.13%, and the Topix climbed 0.52%. In contrast, South Korea’s Kospi fell by 2.5%, while the Kosdaq dropped sharply by 3%. Futures for Hong Kong's Hang Seng index suggested a weaker start to the day.

Stock Market Today LIVE: Nifty 50 plunged below the 25,000 after FM raises STT on F&O in Budget 2026. INDIA VIX spiked towards 15.23. Nifty 50 ended below its 200 DMA.

Traders also remain cautious amidst Friday’s plunge at Wall Street.

Benchmark Indices at 3:30 PM on Sunday, February 1

NIFTY (-495, 24825)

SENSEX (-1547, 80723)

BANK NIFTY (-1193, 58417)

Stock Market Today LIVE: According to Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities, in the near-term, Volatile, nervous, trader-unfriendly.

Medium-term: Strong structural tailwinds for AI, semis, data centres, defence-tech, biopharma, and infra. The biggest thing to watch: Persistent FII selling — FIIs had net sold ₹41,434 crore in January 2026 so far.

Bottom line: Short-term pain from STT shock. Long-term bullish on India’s tech-led growth story.

Stock Market Today LIVE: The Indian stock market may take a breather and open on a steady note on Monday amid mixed global market cues. The trends of Gift Nifty also signal a marginally higher opening for the benchmark indices, Nifty 50 and Sensex today.

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