Indian equity benchmarks staged a strong rebound, shrugging off persistent institutional selling, as frontline indices closed firmly higher led by broad-based buying and selective strength in heavyweight stocks.
The Sensex surged 990.38 points (1.23%) to close at 81,713.32, while the Nifty 50 advanced 274.60 points (1.11%) to end at 25,100.05, reclaiming the crucial 25,000 mark. The rally highlights resilient domestic sentiment even as foreign and domestic institutional investors remained net sellers.
Market Snapshot
| Index | Level | Change |
|---|---|---|
| Nifty 50 | 25,100.05 | ▲ 274.60 (1.11%) |
| Bank Nifty | 58,645.30 | ▲ 228.10 (0.39%) |
| Sensex | 81,713.32 | ▲ 990.38 (1.23%) |
Gains were broad-based, with banking and heavyweight stocks providing steady support.
Institutional Flows: FIIs & DIIs (Net ₹ Cr)
| Date | Net FII | Net DII |
|---|---|---|
| Feb 01 | ▼ 588.34 | ▼ 682.73 |
| Jan 30 | ▲ 2,251.37 | ▼ 601.03 |
| Jan 29 | ▼ 393.97 | ▲ 2,638.76 |
| Jan 28 | ▲ 480.26 | ▲ 3,360.59 |
Despite combined selling of over ₹1,270 crore on Feb 1, markets closed decisively higher, indicating strong counterbalancing participation from other investor classes.
Most Bought Stocks (Active Interest)
| Stock | Price (₹) | Change |
|---|---|---|
| Tata Gold ETF | 314.19 | ▼ 4.32% |
| Hindustan Copper | 609.90 | ▲ 1.78% |
| Nippon India ETF Gold BeES | 119.48 | ▼ 2.31% |
| Hindustan Zinc | 613.50 | ▲ 7.61% |
Metal stocks and select ETFs remained in focus, reflecting both tactical positioning and commodity-linked plays.
Market View
The sharp upmove despite negative institutional flows suggests short-covering, retail participation, and stock-specific buying played a decisive role. Bank Nifty underperformed headline indices slightly, indicating the rally was not purely financial-led but supported by broader market participation.
