Market Roundup: February 4, 2025 Ι Sensex Surge 1397 points, 66 stocks hit 52-week high
Indian equity markets roared back to life on Tuesday, February 4, as both Sensex and Nifty posted sharp gains, driven by positive global cues and renewed investor confidence. The indices surged over 1.6%, marking one of the strongest rallies in recent weeks. A combination of global trade developments, a favourable fiscal outlook, and strong sectoral performance contributed to the bullish sentiment.
Why Did the Market Rally?
Investor sentiment got a major boost after U.S. President Donald Trump announced a one-month delay on tariffs for Mexico and Canada. This decision allowed last-minute negotiations to tighten border security while easing concerns over trade disruptions. The global relief was evident in Asian markets, which mostly traded in the green.
At the closing bell:
- Sensex jumped 1,397.07 points (1.81%) to 78,583.13.
- Nifty 50 surged 378.20 points (1.62%) to 23,739.25.
A private report also added to the optimism, highlighting that India’s fiscal and monetary policies are now geared towards economic growth. The Union Budget’s focus on fiscal consolidation, albeit at a quicker pace, reassured investors of a balanced approach.
Investor Wealth Soars
The rally added a massive ₹5.85 lakh crore to investor wealth, with the market capitalization of BSE-listed firms jumping from ₹419.54 lakh crore to ₹425.40 lakh crore in just one day.
Global Market Snapshot
- Asian Markets: Most indices were up, tracking the tariff pause announcement.
- Hang Seng: +1.69%
- Jakarta Composite: +0.96%
- KOSPI: +1.07%
- Nikkei 225: +0.84%
- Taiwan Weighted: +0.32%
- Straits Times: -0.17% (the only laggard)
- US Markets: Closed lower but pared losses, as consumer discretionary stocks (like carmakers) struggled amid trade fears. However, S&P 500 futures climbed 0.4%.
- European Markets: STOXX 600 dropped 0.9%, marking its biggest single-day fall, reacting to the tariff concerns.
- China: Markets remained closed due to the Lunar New Year holiday.
Also read :- https://ipofront.in/market-roundup-february-3-sensex-and-nifty-slip-as-global-pressures-mount-rupee-hits-record-low/
Market Highlights: Who Gained & Who Lost?
Out of 4,073 stocks traded on the BSE:
- 2,509 advanced
- 1,410 declined
- 154 remained unchanged
- 66 stocks hit 52-week highs
- 84 stocks hit 52-week lows
Top Gainers on Nifty 50:
- Shriram Finance (+5.65%)
- Larsen & Toubro (L&T)
- Bharat Electronics
- IndusInd Bank
- Adani Ports
Top Losers on Nifty 50:
- Trent (-6.44%)
- ITC Hotels
- Britannia
- Hero MotoCorp
- Nestle India
Broader Market Performance
- BSE MidCap: Up 1.35% (42,787.12)
- BSE SmallCap: Up 1.20% (49,556.54)
Sectoral Trends
Almost all sectors ended in the green except for BSE FMCG (-0.13%). The biggest winners were:
- Capital Goods: +3.4%
- Industrials: +2.59%
- Oil & Gas: +2.40%
- Power: +2.31%
- Bank Nifty: +2.17%
Bottom Line
The market rally signals strong optimism, fuelled by global trade relief and growth-focused domestic policies. Investors should keep an eye on further global trade developments and economic data to navigate the coming sessions.
Stay tuned for more updates on market trends and upcoming opportunities!
Also read :- https://ipofront.in/post-budget-market-triggers-what-to-expect-next-week/
