February 3, 2026: Nifty 50 Surges Nearly 3% as Broad-Based Buying Lifts Markets; Financials and Adani Stocks Lead Rally

Indian equity markets staged a powerful rebound on Tuesday, February 3, 2026, with benchmark indices posting strong gains amid broad-based buying across sectors. The NIFTY 50 closed sharply higher, supported by heavy participation in financials, infrastructure, and select conglomerate stocks. Improved investor sentiment, strong volumes, and leadership from heavyweight stocks defined the trading session.

Also Read: 2 February 2026: Indian Markets Rebound as Nifty 50 Rallies Over 1%; Power and Infra Stocks Lead the Charge

Benchmark Indices Post Strong Gains

The Nifty 50 settled at 25,797.40, rising 709 points or 2.83% from the previous close. The index traded within a wide range during the session, touching an intraday high of 26,341.20 and a low of 25,641.30, reflecting both volatility and strong buying interest.

Other key indices also ended firmly in the green:

• NIFTY Next 50 gained 2.61% to close at 68,823.15

• NIFTY Financial Services jumped 3.52% to 27,742.85

• NIFTY Bank advanced 2.64% to 60,168.85

The rally underscores renewed confidence in large-cap and financial stocks, particularly after recent consolidation phases.

Financials and Infrastructure Stocks Drive the Rally

The session saw strong leadership from financial services and infrastructure-related stocks, with several frontline names recording sharp gains on heavy volumes.

Top gainers on the Nifty included:

• Adani Enterprises surged 10.86% to ₹2,212.10, with robust traded value of over ₹1,099 crore

• Jio Financial Services rose 8.83% to ₹265.65, backed by strong volume participation

• Adani Ports and SEZ gained 7.83% to ₹1,513.00

• Bajaj Finance climbed 6.54% to ₹962.80

• Shriram Finance advanced 5.40% to ₹1,014.10

The strength in NBFCs and conglomerate stocks suggests renewed institutional interest and expectations of sustained earnings momentum.

Market Breadth Remains Firm

Market breadth stayed positive for most of the session, indicating wider participation beyond index heavyweights. While most stocks traded higher, select FMCG counters remained subdued. Nestlé India traded marginally lower, ending almost flat at ₹1,308.00, highlighting selective profit-taking in defensive pockets.

Volumes Signal Strong Investor Participation

Trading volumes were notably higher in leading gainers, especially in financial and infrastructure stocks. Elevated volumes alongside price appreciation typically indicate conviction buying, suggesting that the current move may have stronger follow-through potential in the near term.

Conclusion: February 3, 2026

Tuesday’s sharp rally marks a decisive return of bullish sentiment to Dalal Street. With the Nifty 50 reclaiming key psychological levels and sectoral indices showing synchronized strength, the market appears poised for further consolidation at higher levels. However, given recent volatility, investors may continue to adopt a stock-specific approach, closely tracking global cues, interest rate expectations, and upcoming corporate earnings.