Domestic equity benchmarks witnessed a sharp sell-off in the previous session. On February 1, the BSE Sensex closed at 80,722.94, down 1,546.84 points or 1.88%, while the NSE Nifty50 ended at 24,825.45, declining 495.20 points or 1.96%.
Market participants are expected to track stock-specific developments across banking, mining, automobiles, consumer durables, staffing and pharmaceuticals in the upcoming session.
Stocks linked to government disinvestment, joint ventures, auto sales momentum, regulatory developments and policy commentary are likely to remain in focus.
IDBI Bank will be in focus as the strategic disinvestment process has moved to stage three.
According to DIPAM Secretary Arunish Chawla, the government has invited technical and financial bids for the transaction. He further stated that additional clarity and developments related to the IDBI Bank divestment are expected to be communicated before the end of FY26.
MOIL’s board has approved the formation of a joint venture with Madhya Pradesh State Mining Corporation.
The JV will focus on manganese ore mining in Madhya Pradesh, marking a key step in expanding the company’s mining operations.
Hero MotoCorp reported a strong performance in January auto sales.
Total sales rose 26% year-on-year to 5.57 lakh units, compared with 4.42 lakh units in the same month last year.
Domestic sales increased 26% YoY to 5.20 lakh units from 4.12 lakh units, while exports grew 23% YoY to 37,663 units, up from 30,495 units a year ago.
Blue Star disclosed that it detected unauthorised access to its product installation data.
The company stated that immediate steps were taken to restrict access upon becoming aware of the incident. It is working with cybersecurity experts to assess any potential impact and conduct a detailed root-cause analysis.
Quess Corp said it has received a final assessment order from the Income Tax Department.
The order raises a tax demand of ₹160 crore, which is likely to keep the stock in focus.
Read More: Union Budget 2026 Highlights: Your 5-Minute Guide to Fiscal, Tax and Sectoral Measures.
With sharp benchmark declines in the previous session and multiple stock specific triggers in play, investor attention is likely to remain on companies across banking, mining, automobiles and consumer durables. Developments related to government disinvestment, sales momentum, regulatory disclosures and policy signals are expected to drive stock specific movements in the near term.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.
Published on: Feb 2, 2026, 8:44 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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