Stock Market Today: As of February 02, 2024, all sectors are trading in the green

The stock market witnessed a bullish trend today, with the Sensex rising by 780 points and the Nifty surpassing the 21,900 mark. As of February 02, 2024, at 11:01 AM IST, all sectors are trading in the green, indicating positive investor sentiment and robust market activity.

Key Index Figures:

Sensex: The Sensex surged to 72,423.49, marking a substantial increase of 778.19 points, representing a gain of 1.09%.

Nifty 50: The Nifty 50 index reached 21,937.75, rising by 240.30 points, indicating a 1.11% increase.

Nifty Bank: The Nifty Bank index stood at 46,461.10, with a gain of 272.45 points, reflecting a 0.59% rise.

Most Active Shares:

NHPC, NBCC (India), HUDCO, SJVN, and L&T emerged as the most active shares on the NSE, indicating heightened trading activity and investor interest in these stocks.

Sectoral Performance:

Sectoral Indices: All sectoral indices, including Information Technology, Metal, Oil & Gas, Power, and Realty, witnessed gains ranging from 1% to 2%. This broad-based rally across sectors signifies robust market momentum and investor confidence.

Biggest Gainers and Losers:

Biggest Gainer: BPCL emerged as the top gainer, with its stock price surging to 537.90, marking an impressive increase of 29.45 points, representing a 5.79% rise.

Biggest Loser: Eicher Motors experienced a decline, with its stock price dropping to 3,861.55, reflecting a decrease of 71.65 points, equivalent to a 1.82% decrease.

Best and Worst Performing Sectors:

Best Sector: Nifty Energy emerged as the best-performing sector, with its price soaring to 37,880.70, registering a remarkable increase of 970.10 points, representing a 2.63% rise.

Worst Sector: Nifty FMCG exhibited modest gains, with its price reaching 55,312.30, marking a marginal increase of 96.50 points, equivalent to a 0.17% rise.

The bullish momentum in the stock market today underscores the resilience and adaptability of the Indian financial markets amid global economic dynamics. Investors are closely monitoring market developments and sectoral trends to make informed investment decisions in these dynamic times.