Nifty 50 Trades Higher Near 24,900; L&T, Asian Paints Lead Gains on Feb 2, 2026

The Nifty 50 index traded in positive territory during the session (as of 9:30 AM), gaining around 80 points, or 0.32%, to hover near the 24,906 level. The index moved between 24,726.85 and 24,918.55 so far in the day, showing moderate volatility as markets attempt to stabilise following recent sharp movements linked to Budget-related developments.

Gainers Support Market Momentum

Buying interest in select heavyweights supported the benchmark. Asian Paints rose about 2.8% to trade near ₹2,423, while Larsen & Toubro gained nearly 2.7% to trade around ₹3,918, driven by strength in infrastructure-related counters. Adani Ports also traded higher by about 2%, while Tata Consumer Products and Tata Motors Passenger Vehicles contributed to gains, keeping the index in the green.

IT and Healthcare Stocks Under Pressure

On the downside, technology and healthcare stocks witnessed selling pressure. Infosys slipped around 1.3%, while Cipla declined about 1.6%. Max Healthcare fell more than 2%, and Shriram Finance also traded lower as investors booked profits in select financial counters.

Top Gainers and Losers

Market Activity Remains Active

Trading activity remained healthy with volumes crossing 7.9 crore shares and turnover exceeding ₹5,800 crore so far in the session. However, despite today's recovery attempt, the index remains roughly 5% lower over the past month, reflecting cautious investor sentiment.

Also Read: SEBI Clears Final Hurdle: NSE IPO Gets No-Objection Certificate, Paving Way for Historic Listing!

Conclusion

Nifty 50 is trading higher led by gains in infrastructure and consumption stocks, though mixed sectoral performance suggests volatility may persist through the session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.