Markets at Noon: Mixed Signals as Nifty Inches Up, Sensex Slips
Indian stock markets show mixed signals at midday on February 4, 2026. Nifty 50 is marginally up by 0.01%, while BSE Sensex is down 0.11%. Cables, Power, and Banks sectors lead gains, while Energy and Commercial Services face significant pressure. Notable corporate announcements include NIIT's favorable GST order, Vedanta's investor conferences, and Lloyds Metals' strong Q3 performance. The market remains divided, with investors closely watching sector-specific trends for further direction.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are showing mixed signals at midday on February 4, 2026. The Nifty 50 is marginally up, while the BSE Sensex has slipped into negative territory.
| Index | Current Price | Close Price | Change | Last Updated |
|---|---|---|---|---|
| Nifty 50 | 25,730.60 | 25,727.55 | 3.05 (0.01%) | 04/02/2026 12:01:18 |
| BSE Sensex | 83,647.19 | 83,739.13 | -91.94 (-0.11%) | 04/02/2026 12:01:28 |
Sectoral Performance
The market is witnessing a clear divide between sectors, with some showing strength while others face significant pressure.
Top Performing Sectors
| Sector | Average Percentage Change |
|---|---|
| Cables | 2.36% |
| Power | 1.95% |
| Banks | 0.82% |
Top Losing Sectors
| Sector | Average Percentage Change |
|---|---|
| Energy | -17.54% |
| Commercial Services | -16.24% |
| Forest Materials | -14.61% |
| Healthcare Services | -13.49% |
| Financial Services | -12.10% |
Buzzing Stocks
Several companies have made headlines with corporate announcements and financial updates:
NIIT Limited: Received a favorable order from Commissioner (Appeals) Gurugram, setting aside a GST demand of Rs 8.11 crore for FY 2020-21.
Vedanta Limited: Announced participation in five analyst and institutional investor conferences from February 09-24, 2026.
ACME Solar Holdings: Appointed Rahul Kaushik as Head of Process Transformation and scheduled investor/analyst interactions in Mumbai and Singapore.
Allied Blenders and Distillers: Announced two investor conferences in Mumbai on February 9-10, 2026, to discuss Q3FY26 results.
Aadhar Housing Finance Limited: Completed quarterly interest payment of Rs. 1.18 crore and partial principal redemption of Rs. 23.00 crore on NCDs.
Container Corporation of India: Signed MOU with five other entities to form joint venture company Bharat Container Shipping Line (BCSL).
Star Health and Allied Insurance Company Limited: Scheduled an analyst/institutional investor meeting with ICICI Prudential AMC on February 04, 2026.
Lloyds Metals and Energy: Reported strong Q3FY26 performance with ₹888.55 crore net profit and approved major expansions including a ₹8000 crore slurry pipeline project.
Indian Energy Exchange: Achieved record monthly electricity trading volume of 13,050 MU in January, marking 19.6% year-over-year growth.
Conclusion
As the trading day progresses, the market shows a mixed picture with the Nifty 50 slightly up and the Sensex marginally down. Sectoral performance remains varied, with Cables, Power, and Banks showing strength, while Energy and Commercial Services face significant headwinds. Investors are closely watching corporate announcements and sector-specific trends for further market direction.
15
