February 3, 2026: Nifty 50 Ends Strong but Off Day’s Peak; Financials, Adani Group and Aviation Stocks Lead Gains

Indian equity markets closed firmly higher on Tuesday, February 3, 2026, extending the ongoing relief rally, though benchmarks ended below intraday highs. The NIFTY 50 was buoyed by strong buying in financials, infrastructure, and select aviation stocks, while mild profit-taking capped gains in IT and defensive FMCG names toward the close.

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

Benchmark Indices Close in the Green

The Nifty 50 settled at 25,727.55, up 639.15 points or 2.55%. The index opened at 26,308.05, touched an intraday high of 26,341.20, and slipped to a low of 25,641.30 during the session, indicating heightened volatility amid active trading.

Other key indices mirrored the positive momentum:

• NIFTY Next 50 advanced 2.65% to 68,849.40

• NIFTY Financial Services rose 3.27% to 27,674.05

• NIFTY Bank gained 2.43% to 60,041.30

The broader trend reflected continued appetite for rate-sensitive and growth-oriented sectors.

Adani Group, Financials and Aviation Stocks Outperform

Heavyweights and high-beta stocks led the advance, supported by strong volumes and sustained buying interest.

Top gainers included:

• Adani Enterprises jumped 10.58% to ₹2,206.50, clocking traded value of over ₹1,523 crore

• Adani Ports and SEZ surged 9.19% to ₹1,532.00, backed by robust institutional participation

• Jio Financial Services gained 8.15% to ₹264.00

• Bajaj Finance rose 6.67% to ₹964.00

• InterGlobe Aviation climbed 5.57% to ₹4,948.00, reflecting optimism around aviation demand and earnings outlook

Select IT and Defensive Stocks See Mild Pressure

Despite the broader rally, a few stocks ended marginally lower as investors booked profits in selective pockets:

• Tech Mahindra declined 0.66% to ₹1,712.70

• Bharat Electronics Limited slipped 0.16% to ₹438.40

• SBI Life Insurance eased 0.08% to ₹1,999.40

• Nestlé India edged down 0.07% to ₹1,307.40

The muted performance in these names suggests rotation rather than broad weakness.

Volumes Indicate Strong Participation

Trading volumes remained elevated in leading gainers, particularly within financial services, infrastructure, and aviation stocks. High turnover alongside price appreciation points to conviction buying by institutional investors, even as intraday volatility persisted.

Conclusion: February 3, 2026

The Indian market’s strong close reinforces the improving near-term sentiment, with the Nifty 50 holding comfortably above key support levels despite giving up part of its intraday gains. Continued strength in financials and infrastructure stocks may provide further upside, though investors are likely to remain selective amid global cues, interest rate expectations, and upcoming macroeconomic data.