{"id":3688,"date":"2025-02-05T08:10:19","date_gmt":"2025-02-05T08:10:19","guid":{"rendered":"https:\/\/www.niftytrader.in\/nifty-demo\/?p=3688"},"modified":"2025-05-13T16:46:58","modified_gmt":"2025-05-13T11:16:58","slug":"closing-bell-market-soars-as-trump-hits-tariff-pause-nifty-surges-above-23700-sensex-gains-1397-points","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/closing-bell-market-soars-as-trump-hits-tariff-pause-nifty-surges-above-23700-sensex-gains-1397-points\/","title":{"rendered":"Closing Bell: Market Soars as Trump Hits Tariff Pause, Nifty Surges Above 23,700, Sensex Gains 1,397 Points"},"content":{"rendered":"

MUMBAI<\/strong>: In a dramatic market rally on February 4<\/strong>, Indian equity indices surged, with the Nifty<\/strong> crossing the 23,700 mark<\/strong> and the Sensex<\/strong> soaring by an impressive 1,397 points<\/strong> or 1.81%<\/strong>, closing at 78,583.81<\/strong>. The Nifty<\/strong> added 378.20 points<\/strong>, climbing 1.62%<\/strong> to end the day at 23,739.25<\/strong>, marking a significant recovery from previous lows.<\/p>\n

Market Boosted by Trump’s Tariff Pause and Positive Sectoral Moves<\/strong><\/h2>\n

The sharp upward movement was triggered by news of a tariff pause<\/strong> from former U.S. President Donald Trump<\/strong>, which led to a surge in market sentiment. On the sectoral front<\/strong>, the rally was broad-based, with almost all indices in the green<\/strong>. Notably, Nifty PSU Bank<\/strong>, Infra<\/strong>, Energy<\/strong>, and Oil & Gas<\/strong> sectors gained over 2% each<\/strong>. This positive momentum was further supported by strong gains in the Nifty Midcap<\/strong> and Smallcap<\/strong> indices, which rose 1.6%<\/strong> and 1%<\/strong> respectively.<\/p>\n

Key Sectors to Watch:<\/strong><\/p>\n

    \n
  • PSU Banks<\/strong>, Oil & Gas<\/strong>, and Infra<\/strong>: These sectors were the top performers<\/strong>, with gains of over 2%<\/strong> each.<\/li>\n
  • FMCG<\/strong>: This sector remained the only laggard<\/strong>, closing in the negative territory.<\/li>\n<\/ul>\n

    Top Gainers and Losers on the Nifty<\/strong><\/h3>\n
      \n
    • Biggest Gainers<\/strong>: Stocks like Shriram Finance<\/strong>, L&T<\/strong>, Adani Ports<\/strong>, Bharat Electronics<\/strong>, and IndusInd Bank<\/strong> led the charge, showing remarkable gains.<\/li>\n
    • Top Losers<\/strong>: On the flip side, Trent<\/strong>, Britannia Industries<\/strong>, Hero MotoCorp<\/strong>, Nestle India<\/strong>, and Eicher Motors<\/strong> faced selling pressure, ending the day in the red.<\/li>\n<\/ul>\n

      Technical Outlook: Market Breaks Resistance, Bullish Momentum Ahead<\/strong><\/h3>\n

      From a technical perspective, the market opened with a gap-up<\/strong>, and successfully cleared the critical resistance zone<\/strong> of 23,500\/77,800<\/strong>. Following this, the bullish momentum intensified, supported by a bullish candle<\/strong> on the daily charts and an uptrend continuation formation<\/strong> on the intraday charts.<\/p>\n

      Key Levels to Watch:<\/strong><\/p>\n

        \n
      • Immediate Resistance<\/strong>: The market may continue its upward movement, with potential resistance levels around the 23,800-24,000<\/strong> range.<\/li>\n
      • Support Levels<\/strong>: 23,500<\/strong> remains a crucial support zone, and any breach below this could lead to a pullback.<\/li>\n<\/ul>\n

        A Strong Day for Indian Markets<\/strong><\/h3>\n

        In summary, Indian equity markets had a stellar session, boosted by global factors and strong sectoral performance. With Nifty<\/strong> above 23,700<\/strong> and Sensex<\/strong> adding over 1,397 points<\/strong>, the outlook remains positive<\/strong> for the short term, especially if the market maintains this bullish momentum.<\/p>\n","protected":false},"excerpt":{"rendered":"

        MUMBAI: In a dramatic market rally on February 4, Indian equity indices surged, with the Nifty crossing the 23,700 mark and the Sensex soaring by an impressive 1,397 points or 1.81%, closing at 78,583.81. The Nifty added 378.20 points, climbing 1.62% to end the day at 23,739.25, marking a significant recovery from previous lows. Market […]<\/p>\n","protected":false},"author":1,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[41],"class_list":{"0":"post-3688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":41,"user_id":1,"is_guest":0,"slug":"niftynews","display_name":"NiftyTrader","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/01\/Logo-1.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/01\/Logo-1.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/3688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=3688"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/3688\/revisions"}],"predecessor-version":[{"id":3690,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/3688\/revisions\/3690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/3689"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=3688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=3688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=3688"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=3688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}