{"id":20630,"date":"2026-02-02T17:04:55","date_gmt":"2026-02-02T11:34:55","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=20630"},"modified":"2026-02-02T17:04:55","modified_gmt":"2026-02-02T11:34:55","slug":"budget-cheers-reignite-buying-sensex-nifty-recover-why-sentiment-improved","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/budget-cheers-reignite-buying-sensex-nifty-recover-why-sentiment-improved\/","title":{"rendered":"Budget Cheers Reignite Buying \u2014 Sensex, Nifty Recover. Why Sentiment Improved"},"content":{"rendered":"

Sensex Rebounds Sharply, Nifty Near 25,100: Has the Market Moved Past the Budget Shock?<\/p>\n\n\n\n\n\n\n\n
Index<\/td>\nPrice<\/td>\nChange<\/td>\n% Chg<\/td>\n<\/tr>\n
Nifty 50<\/a><\/td>\n25,088.40<\/td>\n262.95\u00a0<\/span><\/td>\n+1.06%<\/span><\/td>\n<\/tr>\n
Nifty Bank<\/a><\/td>\n58,619.00<\/td>\n201.80<\/span><\/td>\n+0.35%<\/span><\/td>\n<\/tr>\n
Nifty Financial<\/a><\/td>\n26,799.00<\/td>\n99.90<\/span><\/td>\n+0.37%<\/span><\/td>\n<\/tr>\n
BSE SENSEX<\/a><\/td>\n81,666.46<\/td>\n943.52\u00a0<\/span><\/td>\n+1.17%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Indian equity markets staged a strong comeback after the sharp sell-off seen during the special Budget trading session, with benchmark indices recouping a meaningful portion of their losses. The rebound signalled that investors may be shifting focus from immediate tax-related concerns toward longer-term growth signals in the Union Budget.<\/p>\n

On February 2, the BSE Sensex<\/span><\/span> settled higher at 81,666.46, rising about 1.17 percent, while the Nifty 50<\/span><\/span> closed near the 25,100 mark at 25,088.40, up 1.06 percent. The recovery came after Sunday\u2019s nearly 2 percent fall triggered by the proposed hike in securities transaction tax on derivatives and concerns around higher government borrowing.<\/p>\n

Monday\u2019s session showed that while policy changes can spark knee-jerk reactions, value-oriented investors often step in once prices correct.<\/p>\n

Also Read : Gold, Silver ETFs Bounce Back After Sharp Fall \u2014 What Analysts Are Saying Now<\/a><\/p>\n

Value Buying in Blue Chips Helps Indices Recover Lost Ground<\/h2>\n

The day\u2019s rally was led by strong buying in large-cap stocks across oil & gas, banking, auto and infrastructure. After opening weak due to lingering Budget sentiment, markets gradually moved into positive territory as investors picked quality stocks at lower valuations.<\/p>\n

Heavyweights like Reliance Industries<\/span><\/span> rebounded strongly, jumping over 3 percent after the previous session\u2019s decline. Larsen & Toubro<\/span><\/span> surged on optimism around continued capital expenditure and infrastructure push in the Budget.<\/p>\n

Navy Vijay Ramavat of Indira Securities said,
“Once the initial shock passed after the Budget, markets recovered quickly, showing the sell-off was driven more by sentiment than fundamentals.”<\/em><\/p>\n

This indicates that many investors viewed the correction as an opportunity rather than a warning sign.<\/p>\n

Top Gainers and Losers: Which Stocks Drove the Market Move<\/h2>\n

Monday\u2019s rebound was led by strong buying in select large-cap and defensive names, while a few financial and pharma stocks saw profit booking.<\/p>\n

Top Gaining Stocks<\/h3>\n