Stock Market Today: After the Rally, Markets Take a Breather as Investors Reassess the Road Ahead
The market pause following Tuesday’s major Dalal Street rally has created uncertainty about how Wednesday’s trading will unfold. Markets appear to be either taking a temporary breather or hinting at a shift in sentiment. Early indicators suggest investors are proceeding cautiously as they assess hefty gains from the India–US trade agreement, track fresh earnings reports, and monitor global market cues. With the Sensex and Nifty trading lower, today feels more like a consolidation session, underscoring the need for balance. This session calls for participants to gauge the mood carefully before making their next move.
Stock Market Today : Market Snapshot (4 February, 2026)
Pre-Opening Market
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Sensex: Down 110.22 points (0.13%) at 83,628.91, indicating a cautious start after Tuesday’s sharp rally.
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Nifty 50: Lower by 4.95 points (0.02%) at 25,722.60, reflecting muted sentiment and early profit booking.
Indian markets opened slightly lower in pre-trade, with Sensex and Nifty slipping marginally as investors paused to assess gains after a strong trade-deal-driven rally.
Stock Market Opening Bell
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Sensex: Slipped 265.67 points (0.32%) to 83,473.46, tracking weak global cues.
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Nifty 50: Fell 46.40 points (0.18%) to 25,681.15, trading below the 25,700 mark.
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Market Breadth: 1,161 stocks advanced, 1,148 declined, and 201 remained unchanged.
Top Movers on Nifty
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Gainers: Power Grid Corp, Tata Steel, Coal India, ONGC, NTPC
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Losers: HCL Tech, Infosys, Tech Mahindra, Wipro, TCS
Indian markets opened lower amid weak global cues, with Nifty slipping below 25,700 as IT stocks dragged, while PSU and metal stocks offered limited support.
Stocks To Watch Today
- Bajaj Finance: Q3FY26 profit declined 6% YoY to ₹4,066 crore due to higher provisioning and a one-time ₹265 crore labour code–linked gratuity charge. Net interest income rose 21%, while Gross NPA increased to 1.21%.
- Mankind Pharma: Delivered steady Q3 performance with profit rising 7.5–9.5% YoY, supported by strong domestic demand for chronic therapies; revenue grew 11.5%.
- V2 Retail: Posted stellar growth with profit nearly doubling and revenue jumping over 57%, reflecting strong value retail demand.
Stock Market On Tuesday
India–US Trade Deal Sparks Biggest Dalal Street Rally in Nine Months On Tuesday
Dalal Street hosted a complete celebratory event on Tuesday as the Sensex and Nifty achieved their highest single-day increase in nine months after the India–US trade agreement created market momentum. The two indices increased more than 2.5 percent after Washington announced its decision to lower reciprocal tariffs on Indian products.
The Sensex started strong, reaching an intraday high of 85,871 after rising 5.14 percent, but closed at 83,739 with a gain of 2,073 points. The Nifty displayed the same level of excitement, reaching a daily peak of 26,341 before closing at 25,727.
The day began with a cautious approach and progressed to ecstatic peaks, demonstrating that bulls charge forward whenever trade tensions between nations ease.
(With Input)