After the huge fall on the budget day i.e. 1st February, the domestic stock market closed on Monday after a good recovery. At the end of the session, BSE Sensex closed at the level of 81,666.46 with a strong rise of 943.52 points. Similarly, NSE’s Nifty also strengthened by 262.95 points and reached the level of 25,088.40. Let us tell you, at the end of trading in the special session held on Sunday, the Sensex closed at the level of 80,722.94 with a fall of 1546.84 points. Whereas Nifty closed at the level of 24,825.45 with a fall of 495.20 points.
Top Gainer and Top Loser Stocks
Among Sensex companies, Power Grid rose 7.61 per cent and Adani Ports rose 4.76 per cent. Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers, while Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were among the laggards.
Market today according to experts
Experts say that after yesterday’s volatile session, the market witnessed a good recovery today, which was due to the increase in STT on F&O and the impact of the government’s higher borrowing plan for FY27. Additionally, the continuation of a clear policy focus on growth and fiscal prudence in the Budget has helped boost confidence in the medium to long-term earnings outlook.
Vinod Nair, Head of Research, Geojit Investments Limited, said that the sharp fall in global crude oil prices has also provided some relief, which indicates easing of geopolitical tensions between the US and Iran.
Performance of companies included in BSE on 2 February.
Rupee strengthened by 42 paise
The Indian rupee on Monday strengthened by 42 paise to close at 91.51 (provisional) against the US dollar, a day after the presentation of the Union Budget 2026–27. This gain of rupee was mainly due to the fall in the prices of crude oil in the international market. According to Forex market experts, the Reserve Bank of India (RBI) intervened in the market to firmly save the level of Rs 92 per dollar, which supported the rupee.
The rupee opened at 91.95 per dollar in the interbank foreign exchange market. It witnessed a rise during trading and reached intra-day high of 91.45, while its low was 91.95. The rupee ended the day at 91.51 per dollar, registering an increase of 42 paise over its previous closing price.
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